Budget uncertainty remains: Hagel

2013-10-19 08:00:49

US Defense Secretary Chuck Hagel said on Thursday the Pentagon is still laboring under the shadow of budget uncertainty despite a deal by Congress that reopened the federal government and let some 7,000 furloughed defense employees return to their jobs.

Govt shutdown costs Pentagon $600m

2013-10-18 10:12:00

The partial US federal government shutdown has cost the Pentagon at least 600 million dollars worth of productivity, Pentagon top financial officer said.

Washington not budging on its arms restrictions on China

2013-10-18 01:26:24

Though this week's announcement that the United States government is loosening controls over military exports has raised a few eyebrows, there is no sign that the US is changing its existing arms embargo on China.China cautious toward trade of small armsChina lodges representations to US over arms sale

Govt putting US economy at risk

2013-10-17 23:39:31

Consensus may be hard to find in Washington these days, but many corporate executives and economists seem to agree on one point — the biggest risk to the world's largest economy may be its own elected representatives.

US debt deal a temporary fix

2013-10-17 23:35:37

The US government is back in business after a last-minute deal late Wednesday night in Washington prevented the government from defaulting on its loans.
Govt putting US economy at risk

US govt to reopen as Obama signs last-minute bill

2013-10-17 17:22:17

The US government will end its partial shutdown after President Barack Obama signed a last-minute deal early Thursday to reopen the federal government and raise the debt ceiling.

US Congress ends debt impasse, Obama to sign bill

2013-10-17 10:37:45

The US Congress approved an 11th-hour deal to end a partial government shutdown and pull the country back from the brink of a historic debt default.
Congress approves measure to end gridlock
Shutdown delays report on foreign debt holdings
China's US debt holdings in doubt
Govt shutdown takes toll on ties with Beijing

Giant Oarfish found off Californian coast

2013-10-17 10:11:31

A California marine instructor's leisurely weekend snorkel turned into the discovery of a lifetime when she found the carcass of a massive, eel-like creature of a species thought to have inspired legends of giant sea serpents.

US shutdown delays report on foreign debt holdings

2013-10-17 09:15:19

The US Congress moved closer to passing a deal to prevent the country from defaulting on its debt and to end the shutdown that has furloughed federal workers and cut federal services, including the issuance of a monthly report on the amount of foreign holdings of US Treasury securities.

US Senate passes deal to end debt crisis

2013-10-17 08:44:21

The U.S. Senate approved a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the world's biggest economy to the edge of a debt default that could have threatened financial calamity.

Deal reached to avoid default and open government

2013-10-17 03:31:11

Senate leaders announced last-minute agreement Wednesday to avert a threatened Treasury default and reopen govt after a partial, 16-day shutdown.
Shutdown delays report on foreign debt holdings
China's US debt holdings in doubt
Govt shutdown takes toll on ties with Beijing

Govt shutdown takes toll on ties with Beijing

2013-10-17 00:36:25

With the partial US government shutdown entering its 16th day on Wednesday and a debt ceiling deadline due to arrive on Thursday, Republicans and Democrats continue their tug of war.