All articles tagged with #economic progress
Originally Published 20 days ago — by Reuters
North Korean leader Kim Jong Un, accompanied by his daughter Ju Ae, attended the inauguration of five hotels in the Samjiyon tourist zone, showcasing the country's economic development ahead of the upcoming party congress and highlighting the rising status of its people.
Originally Published 2 months ago — by The White House (.gov)
The article claims that inflation remained low in September due to President Trump's economic policies, but a potential Democrat government shutdown threatens to halt upcoming inflation data releases, which could impact markets and economic planning.
Originally Published 1 year ago — by IndiaTimes
Union finance minister Nirmala Sitharaman presented a white paper on the Indian economy, comparing the economic state under the 10-year UPA rule to the present under the NDA. The document highlights the transformation from being among the 'fragile five' economies to the 'top five', citing improvements in various sectors such as telecommunications, natural resource auctions, inflation, foreign exchange reserves, infrastructure, and development programs. The white paper aims to showcase the progress made during the NDA government's tenure and contrasts it with the economic challenges faced during the UPA government's rule.
Originally Published 2 years ago — by Fox News
Treasury Secretary Janet Yellen warns that a government shutdown could undermine the economic progress made by the Biden administration, as it would halt key programs for small businesses and children. Yellen urges House Republicans to adhere to the budget deal agreed to in May to prevent another shutdown, which could impact loans, food safety inspections, and infrastructure improvements. If a shutdown occurs, Head Start programs for children in poor communities would immediately lose federal funding. Lawmakers have until Saturday to reach a deal, otherwise, the shutdown will commence on Sunday.
Originally Published 2 years ago — by CNBC
Deputy Treasury Secretary Wally Adeyemo has warned that a failure by Congress to raise the US debt ceiling could spark a "manufactured" crisis that derails economic progress. The Congressional Budget Office has warned that the government could default on its debt between July and September. The GOP has sought spending concessions in exchange for raising the debt limit, but the White House has so far refused to entertain the demands, leading to an impasse. Republicans are preparing to present a plan next week for a yearlong suspension of the debt ceiling in exchange for cuts to certain spending programs and regulation changes, but the proposal is unlikely to win Democratic support and become law.