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7 Nov 23
Military conflicts have been a key contributor to climate change and it would cost the US and UK more than $100bn to compensate for the impact on the Global South, researchers have claimed.
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20 Oct 23
Disruption to Israeli economy and attention shifting away from Ukraine are key issues.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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15 Aug 23
Plans to reform public procurement will help to boost US supply chains and contribute to the nation’s net zero goal, the federal government has said.
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16 Jun 23
US senators have tabled a bill that would allow the transfer of seized Russian government assets to Ukraine to fund its reconstruction after being devastated by war.
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27 Apr 23
A bill passed by the House of Representatives to lift the debt limit and cut future spending has “no chance” of becoming law, the US president’s spokesperson has said.
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22 Feb 23
The Ukrainian government has requested $15bn from the International Monetary Fund to meet immediate spending needs and pay for structural reforms.
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21 Feb 23
The US government has pledged to send $100m of additional aid to Turkey, after the country was hit by devastating earthquakes.
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24 Jan 23
The US Treasury has renewed pledges to reform how it collects taxes and ensure the Inland Revenue Service can recover billions of dollars of unpaid taxes.
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17 Jan 23
The US Congress not raising the country’s debt ceiling could lead to “irreparable harm” to the US and the world economy if the government ended up defaulting, Treasury secretary Janet Yellen said.
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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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26 Sep 22
The US labour watchdog has identified more than $45bn of potentially fraudulent unemployment benefit claims during Covid-19 – almost triple initial forecasts.
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14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
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10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
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3 Dec 21
US politicians have approved a bill to continue current funding commitments until February, avoiding a government shutdown.
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23 Nov 21
Jerome Powell will serve a second term as chair of the US Federal Reserve after president Joe Biden opted for continuity rather than change and stuck with his predecessor Donald Trump’s appointment.
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16 Nov 21
US president Joe Biden has signed the $1.2trn Infrastructure Investment and Jobs Act into law, as the nation attempts to 'build back better' from Covid-19.
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5 Oct 21
A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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24 Aug 21
The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
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12 Aug 21
The US Federal Reserve could explore reducing asset purchases later this year, as the nation emerges from Covid-19, according to one of the central bank’s chiefs.
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29 Jul 21
US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.