President Joe Biden's administration again warned of "catastrophic" consequences for the US economy including huge job losses if the country defaults, as negotiations to forge a debt deal are expected to resume this coming week. For weeks US policymakers, bankers and the White House have warned that the country is...
US Congress green-lights $1.7 trillion in government spending
The $1.7 trillion blueprint passed by senators on Thursday was rubber-stamped by the House of Representatives just hours ahead of a midnight deadline to keep the federal government open -- although a damaging holiday season shutdown was never a serious threat. "This bill is further proof that Republicans and Democrats...
Saudi Arabia leads GCC in inflation control
The Kingdom has implemented measures and worked on significant improvements as part of its Vision 2030 to diversify sources of revenue.
