Saturday 25 February 2017

US enters 2nd week in budget, debt limit battle

As the US government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked US Congress also confronted an October 17 deadline to increase the nation's borrowing power or risk default. The last b


Government buying to boost Kuwait stocks

The long-drawn-out political deadlock between Kuwait's cabinet and parliament has hurt the stock market, but fund managers and analysts believe government-linked funds may have stepped in to support shares, and blue chips are reaping the ben


Democrats try to break US debt deadlock

Senate Democrats aimed to seize the initiative in efforts to head off a ruinous US debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party. Entrenched differences were sti


New Greece rescue talks in deadlock

International bankers and European Union officials made no progress in securing a private sector contribution for a second bailout of Greece and bond yields climbed on concern about the scheme. The managing director of the Institute of Int

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