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World
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Africa
6/21/2023 8:50:37 PM
Zambian President Hakainde Hichilema on Wednesday expressed confidence his government will secure a debt restructuring plan at talks with official creditors in Paris this week.
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Business
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Economy
6/21/2023 6:56:32 PM
The world's poorest countries are bearing the brunt of the world's debt crisis, at a time when they need more cash than ever to fight climate change.
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Opinion
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Egypt
6/20/2023 9:28:29 PM
Egypt has the ability and willingness to honour its debt repayments.
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World
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International
6/19/2023 10:04:19 AM
World leaders will gather in Paris this week with ambitions to reimagine global financing for a new era shaped by climate change, as a cascade of crises swamps debt-burdened countries.
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Al-Ahram Weekly
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Egypt
6/6/2023 9:30:53 PM
Amid speculation on a looming devaluation the government is taking measures to preserve hard currency and attract more investment, writes Niveen Wahish
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Business
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Economy
6/5/2023 12:50:35 PM
Markets built on a global rally Monday after a mixed US jobs report lifted hopes the Federal Reserve will skip an interest rate hike this month, while oil extended gains after Saudi Arabia slashed output.
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World
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International
6/3/2023 10:28:42 PM
With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt.
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Business
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Markets & Companies
6/1/2023 7:09:04 PM
Wall Street stocks saw a mixed opening on Thursday after US lawmakers voted to pass a deal on the debt limit, marking a crucial first step to avert a catastrophic default.
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Business
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Economy
6/1/2023 2:48:07 PM
Leading Federal Reserve officials are sending out stronger signals that they will forego an interest rate increase at the central bank's next meeting in June, though they indicate hikes could resume later this year.
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Business
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Economy
6/1/2023 10:12:36 AM
Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.
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World
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International
5/31/2023 10:48:37 PM
US politicians raced to secure backing for a cross-party deal to raise the national debt limit and avert a first-ever default as they faced a growing backlash from conservatives ahead of a crucial Wednesday evening vote.
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Business
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Markets & Companies
5/31/2023 12:28:29 PM
Asian markets sank Wednesday on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could hammer an already fragile global economy.
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Business
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Markets & Companies
5/30/2023 6:57:50 PM
Chip company Nvidia exceeded $1 trillion in market value Tuesday as Wall Street stocks mostly rose, following an agreement between President Joe Biden and Republican House Speaker Kevin McCarthy to avoid a US debt default.
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Business
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Economy
5/29/2023 9:45:23 AM
The reviews are starting to come in as details emerge about the debt ceiling agreement reached by American President Joe Biden and House Speaker Kevin McCarthy.
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Business
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Economy
5/28/2023 7:22:07 PM
Marathon crisis talks that produced a tentative deal to prevent a cataclysmic US debt default may yet prove the easy part of a process that turned Sunday to the fraught challenge of securing congressional approval.
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Business
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Economy
5/28/2023 1:02:03 PM
France is in "very close talks" with debt rating agency Standard and Poor's, Prime Minister Elisabeth Borne said Sunday, after a downgrade from rival Fitch reignited government finance concerns in the EU's second-largest economy.
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Business
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Economy
5/28/2023 10:04:21 AM
President Joe Biden and House Speaker Kevin McCarthy have reached an agreement in principle on legislation to increase the nation’s borrowing authority and avoid a default.
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World
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International
5/28/2023 9:45:25 AM
President Joe Biden and Republican leader Kevin McCarthy announced a deal late Saturday to raise the debt ceiling, dragging the United States back from the precipice of default with only a few days to spare.
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Business
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Economy
5/27/2023 8:07:20 PM
Democrats and Republicans seemed within grasping distance Saturday of a deal to end the US debt ceiling standoff, with both sides playing hardball in the final race for an agreement to avert a potentially catastrophic default.
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World
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International
5/27/2023 11:50:33 AM
President Joe Biden said a deal to resolve the government's debt ceiling crisis seemed “very close” late Friday, even as the deadline for a potentially catastrophic default was pushed back to June 5 and seemed likely to drag negotiations between the White House and Republicans into another frustrating week.
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