Pundit

US debt ceiling

World News Brief, Thursday August 4

Hosni Mubarak pleads not guilty to corruption and murder charges, but protesters want more; Court appearance high point so far of Arab Spring; Thousands protest for Papua independence after 21 deaths; US allows aid even into rebel areas of Somalia; Calls for restraint as South Korea-Japan tensions grow; Italy in crisis talks; and more

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World News Brief, Wednesday August 3

US Congress raises debt ceiling at the 11th hour, avoiding default; commentators call a victory for the Republicans, but stock markets fall regardless; Syrian forces shell Hama for a third day; Somali refugees starve as rebels block escape; Chinese police shoot Uighurs accused of attacks; Trilateral AfPak talks; and more

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World News Brief, Tuesday August 2

Obama and Congress agree debt deal – plan is long-term but no new taxes; Markets respond positively, but downgrade still predicted (+ analysis); Deal a victory for smaller government; Assad storms Hama, at least 80 dead; North Korea agrees to resume six-party talks; Ethnic violence in China pre-Ramadan; and more

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World News Brief, Friday July 29

Investors look for alternatives to US bonds – find little that looks safe; House set to vote on doomed Republican plan; what a default would do to America; China's naval plans spark neighbourly concern;  NATO takes over Kosovo border after trade squabble; Half a million Ivorian refugees too afraid to go home; and more

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World News Brief, Thursday July 28

US dollar and Euro markets fall as debt ceiling debate stalls; Wall St suspects US downgrade even if agreement reached (+ analysis); Australian inflation on the rise; Bueraucratic delays to Somalia flights; Breivik on suicide watch; Suicide bombing kills Kandahar mayor; and more

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World News Brief, Tuesday July 26

Police across Europe investigate far-right threats after Norway massacre; Breivik calls for new revoltuion against Muslim "animals" and pleads not guilty; Analysis of US blogs that influenced Breivik; Moody's downgrades Greece declaring default "virtually 100%" certain; US debt debate drives down Asian markets; North Korean diplomat to visit US; and more

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World News Brief, Thursday July 21

Obama endorses bi-partisan plan to cut debt and raise revenues, but will it pass the House? UN declares famine in Somalia, asks what's going on in Eritrea; Cameron faces 130 questions in parliament; Chinese security forces shoot 14 protesters, killing four; Pakistans spends US$4 million lobbying US lawmakers; and more

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World News Brief, Friday July 15

Credit ratings agencies threaten to downgrade US from AAA status; Republicans clash with Obama and each other over debt ceiling (+ analysis); China overtaking US as superpower; Italy plans US$67 billion in cuts to calm debt worries; At least 21 killed in more Mumbai bombings; Singapore's economy shrinks; and more

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