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China has expressed some openness to providing military and financial aid to Russia, US cable suggests
• Russia could default on its debt within days • Opinion: What keeps China from stopping Russia's war
[ cnn.com ]Russia could default on its debt within days
• Russia is trying to install pro-Kremlin officials in occupied cities, but Ukrainians are fighting back • Russia has requested military and economic assistance from China, US officials say • Opinion: What keeps China from stopping Russia's war
[ cnn.com ]How Putin 'destroyed' the ruble and brought Russia to the brink of default
Russia has banned its citizens from buying US dollars, completing the isolation of an economy that once had ambitions to join the global club of financial powers.
[ cnn.com ]US warns Russia will hit more civilian targets and seek 'slow annihilation' of Ukraine's military
• Russia says economy is taking 'serious blows' • Sanctions have sharply raised chance of a Russian default, JPMorgan warns
[ cnn.com ]Analysis: Biden's struggles shouldn't eclipse GOP's year of dangerous falsehoods
America's running political conversation defaults to the sitting president. Today, Joe Biden's legislative struggles, pandemic management and weak approval rating drown out most everything else.
[ cnn.com ]Senate votes to increase debt limit by $2.5 trillion extending into 2023
The Senate voted on Tuesday to raise the national debt limit by $2.5 trillion and extend it into 2023 as lawmakers race to avert a catastrophic default ahead of a critical midweek deadline.
[ cnn.com ]Evergrande can't pay its debts. China is scrambling to contain the fallout
Evergrande has defaulted on its debt. Now Beijing is intervening to prevent a disorderly collapse of the indebted real estate group that could wreak havoc on the world's second biggest economy.
[ cnn.com ]Evergrande has reportedly made good on another payment, averting default once again
For the second time this month, China's most indebted developer Evergrande has reportedly managed to avoid default at the last minute.
[ cnn.com ]House to vote to extend debt ceiling through early December
The House of Representatives is expected to vote Tuesday to extend the nation's debt limit through early December after the Senate approved a stopgap measure last week in a bid to avert a catastrophic default and economic disaster.
[ cnn.com ]Opinion: The debt limit is still a ticking time bomb
After weeks of partisan gridlock, Congress is on track to extend the debt ceiling, averting a potential default looming in less than two weeks. But the solution merely moves the new fiscal cliff to December, aligning the deadline with other imminent crises, like a potential government shutdown if a new funding bill is not enacted.
[ cnn.com ]US dodges potential financial Armageddon for now
The Senate voted along party lines to raise the debt ceiling on Thursday, authorizing $480 billion in borrowing that avoids a looming US government default but sets up another showdown in early December.
[ cnn.com ]Opinion: Mitch McConnell blinked
Mitch McConnell blinked. As business leaders and officials warned of the grave harm a US default on debt could trigger, the Senate minority leader finally offered to provide Republican votes for a short-term suspension of the debt ceiling.
[ cnn.com ]5 ways to save the economy and raise the debt ceiling
Everyone seems to agree the US debt ceiling should be raised to pay for tax cuts and spending the government has already approved -- and to avoid the economic calamity that would likely result from a US default.
[ cnn.com ]Democrats and Republicans are locked in an impasse, but the Senate minority leader proposed two potential options to avert a default
Democrats and Republicans remain locked in a stalemate over how to address the debt limit, but Senate Minority Leader Mitch McConnell is now publicly floating two potential options to avert a default.
[ cnn.com ]Goldman Sachs warns of a 'real risk' that US could default
Concern is rising on Wall Street over Washington's debt ceiling game of chicken. Goldman Sachs warned clients on Wednesday that Congress may fail to raise or suspend the debt ceiling prior to the October 18 deadline.
[ cnn.com ]Biden to argue 'Republican obstruction' leading to debt default risk as he convenes business leaders and CEOs
President Joe Biden on Wednesday is set to ramp up the pressure on Republicans as the nation's nears the deadline to raise the debt ceiling on Wednesday, as he looks to argue the GOP is putting the country at risk of a possible debt default by standing firm against raising the nation's debt limit.
[ cnn.com ]Democrats explore new options to raise debt ceiling amid deepening standoff with GOP
Democratic senators are scrambling to find a way to avert a potential debt default as soon as next week amid a high-stakes standoff with Republicans -- and are privately discussing whether it's possible to change Senate rules so the borrowing limit can be raised by a simple majority vote, according to multiple sources at closed-door sessions.
[ cnn.com ]Analysis: What Mitch McConnell is betting on
Two weeks out from a dangerous debt default with broad consequences for the American economy, Mitch McConnell isn't budging.
[ cnn.com ]White House explored making payments after debt-ceiling breach
Senior White House officials explored whether the US could unilaterally continue payments should the debt ceiling be breached in mid-October but ultimately concluded it would not be possible to avoid default and economic catastrophe, a person with direct knowledge of the matter tells CNN.
[ cnn.com ]Why October 19 could be a catastrophic day for the US economy
The United States could be just weeks away from defaulting on its debt for the first time ever.
[ cnn.com ]