• News
  • Markets

Treasury chief to Congress: Raise debt limit before August

Treasury chief to Congress: Raise debt limit before August

"In order to accomplish this end, the Freedom Caucus has taken a three-fold position: we oppose any clean raising of the debt ceiling, we call for the debt ceiling to be addressed by Congress prior to the August Recess, and we demand that any increase of the debt ceiling be paired with policy that addresses Washington's unsustainable spending by cutting where necessary, capping where able, and working to balance in the near future", the statement said.

Under the Joint Comprehensive Plan of Action (JCPOA), Iran undertook to put limitations on its nuclear program in exchange for the removal of nuclear-related sanctions imposed against Tehran.

Mnuchin also urged the House Ways and Means Committee to pass the debt limit legislation as a bill without controversial additions, such as spending cuts sought by conservatives, that could complicate its approval. "I can assure you that's a big focus of mine and I discuss it with the president".

When it comes to North Korea, the global community, including the United States, has criticized a number of missile launches and nuclear tests that the Asian nation has carried out since the beginning of 2016, and tightened the sanctions regime against Pyongyang.

Officials in the administration of US President Donald Trump have been sparing no efforts to undermine the nuclear deal between Iran and the world powers, including the US, as it was negotiated in the administration of President Barrack Obama.

IranAir has agreed to buy a total of 200 US and European passenger aircraft worth a total of $35 billion - $37 billion at list prices, though such deals typically include big discounts.

Kim Kardashian deletes social media post on Manchester attack after fiery backlash
The tweet also included a photo of Kardashian, her sister Kendall Jenner and Grande, taken previous year at a Kanye West concert. While the picture might not have been the best idea (which she seems to have realized in retrospect), her words were heartfelt.

Gibson out, Bernier makes 1st playoff start in net for Ducks
While Nashville managed 2-0 and 3-1 leads, there was plenty of drama in this one, as the Ducks did not go down easily. The Ducks got within 2-1 on Ondrej Kase's point-blank wrister from Getzlaf at 4:45 of the second period.

Indian Army strikes Pakistani military posts across LoC to stop infiltration
Who will ensure that sufficient pressure is put on Pakistan that makes them stop sending terrorists into India day in and day out. Major Genral Narula said instance of infiltration are likely to increase with the melting of snow.

They include 80 jets from Boeing, 100 from Airbus and 20 turboprops from Franco-Italian ATR. She also highlighted an independent study NAFCU commissioned earlier this year, which showed the benefit to USA consumers from the tax exemption is $16 billion per year.

Boeing said it would apply for licenses for the deal.

"The timing is what I think is the newsworthy thing here", Ryan said.

This pivot marks the first time a sitting Secretary of the Treasury has referenced Star Wars.

Even with licenses in place, bankers say talks between Iran and Western banks to fund deliveries of the aircraft have been disrupted by concerns that sanctions could be reintroduced or that banks could be penalized for dealing with Iran.

Leave Your Comment

Leave Your Comment


Latest News

  • Why the 'Tabby Star' is mystifying astronomers

    Why the 'Tabby Star' is mystifying astronomers

    Now, the star is repeating its fading act, according to Jason Wright , an astronomer at Pennsylvania State University. If this were any other star, getting even one telescope at such short notice would be almost impossible.

    EU's Moscovici confident Eurogroup will reach deal on Greece

    There was no significant progress though, the official said, asking not to be identified, as the meeting was private. Greece's finance minister, Euclid Tsakalotos , said: "Greece has done its bit, most would say more than its bit".
    Trump tweets warning to Comey about 'leaking to the press'

    Trump tweets warning to Comey about 'leaking to the press'

    Fisher was assistant attorney general for the department's criminal division under President George W. The FBI director serves a 10-year term but can be replaced by the president.
  • OPEC committee recommends nine-month oil-cuts extension

    OPEC committee recommends nine-month oil-cuts extension

    That wouldn't be a good thing for oil prices , particularly given the emphasis placed on those cuts to support higher prices. USA production has already jumped 500,000 bpd to 9.3 million since Saudi Arabia started to discuss the cuts in late-2016.
    Landslide in Uttarakhand leaves several tourists stranded

    Landslide in Uttarakhand leaves several tourists stranded

    President Pranab Mukherjee had visited the Badrinath shrine, the last Char Dham shrine to be opened this year, on 6 May. Border Roads Organisation (BRO) and other authorities are working on clearing debris and route will be open on.

    Trump Called Comey 'Nut Job;' Russia Probe Identifies Current White House Staffer

    Reports of a memo from Comey indicating Trump had asked him to drop an investigation into Flynn rocked Washington and Wall Street. Trump's investigation in light of the rapid-fire sequences of events taking place since Comey's firing more than a week ago.
  • Golfer Simon Dyson ready for the BMW PGA Championship at Wentworth

    Golfer Simon Dyson ready for the BMW PGA Championship at Wentworth

    I'd obviously love to see Lee Westwood play well but barring his fantastic result in Augusta, he's not at his very best right now. First played in 1952 as the British PGA Championship, the event has been a staple on the Tour since its founding in 1972.
    Google's AlphaGo now on the Go

    Google's AlphaGo now on the Go

    This is also why experts thought having an AI win at Go was going to take at least another decade, before AlphaGo was created. The game can't be found on numerous most-watched streaming services in China, such as Tencent Video and Sina.com.
    US  extends protected status for Haitians until January

    US extends protected status for Haitians until January

    Yet President Trump's administration now is on the verge of inflicting more misery on Haiti and the Haitian American community. Some may be eligible for other immigration statuses. "Six months is not an extension", Fanm Ayisen Nan Miyami tweeted.
  • Model Behavior? 'AGT' Auditioner Accuses Tyra Banks Of Pulling Daughter's Hair

    Model Behavior? 'AGT' Auditioner Accuses Tyra Banks Of Pulling Daughter's Hair

    The lawsuit says AGT "maintained that they will exploit all footages of Jane and her husband and that they will not air those footages in their entirety".
    Samsung to unveil world's first 'stretchable' display panel

    Samsung to unveil world's first 'stretchable' display panel

    That might still be a pipe dream, but Samsung's display making arm wants to go one step further at Display Week 2017 tomorrow. The former technology uses is a 5.09-inch display which can be utilized for 3-D pop-up book, 3-D game and virtual reality.
    Monaco: Mbappe has no price

    Monaco: Mbappe has no price

    Real Madrid , Manchester United and Liverpool are among those to have already been linked to the France global . Nevertheless, it will be a kicker to said nuts if he does indeed leave.
  • Harvard student submits a hip-hop album as his final dissertation

    Harvard student submits a hip-hop album as his final dissertation

    Spurred on by the suggestion, Shaw took to recording the album, rather than writing a collection of essays or poetry. As Shaw described, the labor took "a little over a year" and was submitted for final analysis back in March.
    Lea Michele cried after meeting her 'idol' Celine Dion

    Lea Michele cried after meeting her 'idol' Celine Dion

    The track became iconic as the theme song for the blockbuster film, Titanic , and won an Academy Award for best original song. After he heard the recording, Cameron chose to keep it at the end.
    Twin Peaks season premiere

    Twin Peaks season premiere

    If you need to catch up, here's a quick primer: the original Twin Peaks TV series aired for two seasons between 1990 and 1991. I can say that our development staff was able to recreate this faithfully in Deadly Premonition .
  • Snapchat Introduces Another New Feature for Instagram to Copy

    Snapchat Introduces Another New Feature for Instagram to Copy

    Now Snapchat users will be able to create a custom story and invite friends to contribute to the collection, the firm said. If you're unfamiliar with Snap's platform, Stories are user-generated photo and video posts that disappear after 24 hours.
    Charlie Hunnam chats about King Arthur, Sons of Anarchy

    Charlie Hunnam chats about King Arthur, Sons of Anarchy

    Now, David Beckham is following in Vinnie's boots from the pitch to the big screen in Ritchie's brand new film. One such project that once captured his attention is the sequel to David Ayer's Suicide Squad.

    Preds win from ousting Ducks to reach 1st Stanley Cup Final

    But as the day wore on, the injuries kept mounting with Nashvilles Mike Fisher and Anaheims Rickard Rakell also missing the game. We know we have a good team and we can come back, so we have to play well defensively and play our system and we should be OK".

Breaking News



Recommended

Trump son-in-law Kushner under Federal Bureau of Investigation scrutiny in Russian Federation probe - media reports

After pressure from Democrats, Nunes has turned over leading the committee's Russian Federation investigation to Rep. The hearing was due to go into closed session to discuss classified information after Brennan's public testimony.

Wales boss Coleman says not interested in Palace job

Wales resume their World Cup qualification campaign in Belgrade with a four-point deficit on Group D leaders Serbia and the Republic of Ireland .

The new 'Spider-Man: Homecoming' poster is getting roasted by the internet

Spider-Man: Homecoming's third trailer is out and our beloved Spidey is out looking for work in the streets. From the looks of the trailer, he is determined to bring down Stark and Parker is collateral damage.

Issa Says Heartland Decision is Victory Against Patent Trolls

In this case, it was a technology company that spurred the ruling, but a legal tussle between TC Heartland LLC and Kraft Heinz Co. Supreme Court on Monday put strict limits on where patent infringement lawsuits can be filed.

Pirates of the Caribbean: Dead Men Tell No Tales Review

He is aided brilliantly by Kaya, who makes her new character Carina Smyth a match for Depp when it comes to spiky confidence. All of these story beats work to keep the film moving, but also push the focus away from the emotional core of the film .

Supreme Court rules NC congressional districts gerrymandered

North Carolina lawmakers drew the new borders after the 2010 Census provided an indicator towards racial considerations. We hope Monday's court ruling helps propel agreement on the need to revamp our redistricting process.

Rebel Wilson vows to tell all during court case

Rebel Wilson walks from the Supreme Court after day one of her defamation trial against Bauer Media . Hollywood movie star Rebel Wilson has rapped a hallucinated Oscar acceptance speech in court.

Manchester City close to offering Yaya Toure new contract

Senior City sources said there is a "strong chance" he will be offered a contract extension. It's a frustrating thing to talk about because we can't get involved in the debate.

Preds Rally Past Ducks 2-1, Reclaim Series Lead

But his team continued to press into the third and was rewarded when Forsberg converted the rebound of a shot by Ryan Ellis. John Gibson has given up 34 goals on 382 shots faced and Jonathan Bernier has allowed four goals on 45 shots.

Mourinho names United's youngest ever Premier League line-up

Jose Mourinho does not believe Manchester United's young players are ready for this weekend's baptism of fire against Crystal Palace.