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Govt hopes pressure on ringgit will reduce after US debt ceiling issue is resolved - Ahmad Maslan

Govt hopes pressure on ringgit will reduce after US debt ceiling issue is resolved - Ahmad Maslan

The pressure on the ringgit against the US dollar is hoped to lessen when the US debt ceiling issue is resolved over the next few days.
Wed May 31 2023
US Dollar strengthens amid optimism over debt ceiling talks

US Dollar strengthens amid optimism over debt ceiling talks

The US dollar firmed up in late trading on Wednesday as US leaders expressed optimism over debt limit negotiations, reported Xinhua.
Thu May 18 2023
Biden to cut short Asia-Pacific trip due to debt ceiling stalemate: Media

Biden to cut short Asia-Pacific trip due to debt ceiling stalemate: Media

US President Joe Biden will not travel to Papua New Guinea and Australia later this month as originally planned due to the ongoing stalemate in negotiations with congressional leaders
Wed May 17 2023
Biden says expects to reach agreement with Republicans on raising debt limit

Biden says expects to reach agreement with Republicans on raising debt limit

US President Joe Biden says he is "optimistic" about his talks with Republicans on raising the debt ceiling and will likely meet with congressional leaders on Tuesday, reported Sputnik.
Mon May 15 2023
Biden heads to New York to talk debt ceiling, raise funds for re-election

Biden heads to New York to talk debt ceiling, raise funds for re-election

His trip comes the day after he met with top Republican and Democratic lawmakers for the first time in three months to try to move forward on the debt ceiling.
Wed May 10 2023
No need to raise national statutory debt ceiling - Ahmad Maslan

No need to raise national statutory debt ceiling - Ahmad Maslan

There is currently no need to increase the national statutory debt ceiling to more than 65 pct of the GDP, said Deputy Finance Minister, Datuk Seri Ahmad Maslan.
Thu Jan 26 2023
Raising debt ceiling enables government to finance Budget deficit in medium term - Tengku Zafrul

Raising debt ceiling enables government to finance Budget deficit in medium term - Tengku Zafrul

The government has asserted the importance of increasing the debt ceiling to 65 per cent of GDP to have a wiggle room to finance the government's budget deficit in the medium term.
Sat Oct 30 2021
Budget 2022 & 12MP  debt ceiling, windfall & capital gains taxes

Budget 2022 & 12MP debt ceiling, windfall & capital gains taxes

The fiscal strategy shouldn't be to broaden the fiscal base as yet.
Wed Oct 13 2021
Govt denies claim that Emergency Ordinance was used to boost spending over debt limit

Govt denies claim that Emergency Ordinance was used to boost spending over debt limit

The government has never used the Emergency Ordinance to raise revenue or increase spending beyond the statutory debt ceiling approved by Parliament in August 2020.
Wed May 26 2021
60 pct debt ceiling level enough for now - Tengku Zafrul

60 pct debt ceiling level enough for now - Tengku Zafrul

The debt-to-GDP ratio is expected to touch 60 per cent in 2021.
Sun Nov 08 2020
Budget 2021 will take into account current economic fragility - Bank Islam

Budget 2021 will take into account current economic fragility - Bank Islam

The Government's recent move to increase its debt ceiling of the GDP to 60 per cent, would definitely give it some flexibility to manoeuvre an expanded fiscal policy.
Mon Nov 02 2020
US fiscal deal grants backpay for furloughed govt workers

US fiscal deal grants backpay for furloughed govt workers

Some 800,000 government employees were forced off the job this month when Congress could not agree on a budget for the new fiscal year.
Wed Oct 16 2013
US debt ceiling day October 17: What Happens?

US debt ceiling day October 17: What Happens?

The US Treasury says that from October 17 it will not have enough cash on hand to pay its bills unless the Congress increases the $16.7 trillion cap on its power to borrow more money.
Tue Oct 15 2013
Obama against Republican plan on debt ceiling deal

Obama against Republican plan on debt ceiling deal

Obama came out against a proposal to extend for just weeks the country's authority to borrow money as talks with Republicans entered Day 12.
Sat Oct 12 2013
Congress 'playing with fire' on debt ceiling: Lew

Congress 'playing with fire' on debt ceiling: Lew

Speaker John Boehner said the Republican-controlled House would not raise the US debt ceiling without concessions from the White House.
Sun Oct 06 2013
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024