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Biden: President Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

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WASHINGTON: 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.The White House announced the signing, done in private at the White House, in an emailed statement in which Biden thanked congressional leaders for their partnership.The Treasury … Read more

Midterm election results expected to cripple Biden, turbocharge Trump for another White House bid

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WASHINGTON: Americans trooped to polling stations on Tuesday for voting in midterm elections, with projected results expected to cripple Democrats and turbocharge a Donald Trump bid for a second White House term in 2024. At the best of times, sitting Presidents fear midterm results given voters’ penchant for checking White House power by strengthening the … Read more

India on track for sanctions waiver from US for purchase of Russian missile system

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WASHINGTON: The US House of Representatives on Thursday approved legislation recommending an India-specific waiver for the Countering America’s Adversaries Through Sanctions Act (CAASTA), citing China’s aggressive designs. The waiver, if it passes muster in the US Senate and is signed into law by the President, will help New Delhi avoid sanctions for purchase of critical … Read more