Debt
Australia to Raise National...
Australia’s government plans to introduce measures to raise the country’s debt limit by $500 billion AUD – an increase of more than 60 per cent from its current $300 bn debt ceiling. Newly appoi...
US Government Shutdown Comes...
The United States Congress passed a new measure to prevent default and open US government services. The decision was made to extend the country’s debt ceiling and restore vital government services,...
Fitch Revises US Credit Rati...
Global ratings agency Fitch has warned the United States that it may adjust its top rating of the country’s sovereign credit down from AAA as the political disputes in Washington threaten the countr...
American Businesses Starting...
The United States Commerce Secretary, Penny Pritzker, warns that businesses are being negatively affected by the government shutdown. Ms Pritzker spoke to Asia-Pacific economic leaders at the Asia-Pac...