Showing 1 - 10 of 14
Guterres warns UN risks 'imminent financial collapse'
AFP, Published on 31/01/2026
» UNITED NATIONS (UNITED STATES) - United Nations chief Antonio Guterres on Friday warned that the world body is on the brink of financial collapse and could run out of cash by July, as he urged countries to pay their dues.
Trump legal bills emptying campaign coffers
AFP, Published on 03/08/2023
» WASHINGTON - Donald Trump has been burning through millions of dollars as he faces an onslaught of legal bills from the investigations threatening his presidential election bid -- with some sources of funding drying up fast.
Over $200bn in Covid-19 small business loans stolen: US govt. watchdog
AFP, Published on 28/06/2023
» WASHINGTON: The United States lost more than US$200 billion to fraud from two schemes designed to help small businesses through the Covid-19 pandemic, according to a US government watchdog report.
Deal averting US default clears first hurdle
AFP, Published on 31/05/2023
» WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
US debt ceiling deal: the key takeaways
AFP, Published on 28/05/2023
» NEW YORK - President Joe Biden and House Republicans have reached a deal in principle to raise the government's debt ceiling and avert a devastating default.
US debt crisis: Biden vows 'no default'
AFP, Published on 26/05/2023
» WASHINGTON - President Joe Biden declared Thursday the United States would avoid a disastrous credit default even as lawmakers went on a 10-day break without a deal on raising the nation's borrowing limit to keep paying the bills.
US lawmakers head home as catastrophic default looms
AFP, Published on 25/05/2023
» WASHINGTON - US lawmakers were set to embark on a 10-day break Thursday, despite failing to agree on raising the nation's borrowing limit to avert a looming default that could come while they are away.
US warned debt standoff could hit credit rating
AFP, Published on 25/05/2023
» WASHINGTON: Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if the White House and Republican opposition fail to overcome their impasse on raising the nation's borrowing limit, a week before a key deadline.
Biden, Republicans meet for debt showdown as default looms
AFP, Published on 17/05/2023
» WASHINGTON - Joe Biden and Republican leaders readied for high-stakes talks Tuesday to avert a catastrophic debt default, as the White House said the president may cut short an upcoming Asia tour to tackle the crisis.
Biden and McCarthy to reconvene Tuesday for debt limit talks
AFP, Published on 16/05/2023
» WASHINGTON - President Joe Biden will reconvene crunch debt talks Tuesday with senior Republican leaders including House Speaker Kevin McCarthy in another attempt to avert a costly US default.