WASHINGTON - The Treasury Department, which issues a daily accounting of the debt, said Wednesday that the debt subject to limit was at $9 trillion on Tuesday.
A three-metre tidal wave is predicted to surge down the English Channel in the next 12 hours posing an "extreme danger to life and property", experts have warned.
China is set this year to replace the United States as Japan's biggest export destination for the first time in modern history, likely cushioning the blow to the Japanese economy from a US slowdown.
The yuan, China's currency, climbed 225 basis points to break the 7.43 mark on Thursday, with the central parity rate at 7.4251 yuan against one US dollar, according to the Chinese Foreign Exchange Trading System.
Iranian President Mahmoud Ahmadinejad's announcement Wednesday that Iran had 3,000 working centrifuges raised FEARS IN WASHINGTON THAT ISRAEL WOULD RESPOND TO THE STATEMENT WITH A PREEMPTIVE MILITARY STRIKE, the Times reported Thursday.
The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation
Sterling has pushed through the $2.10 barrier for the first time in 26 years after the Chinese government indicated it is prepared to diversify some of its huge foreign-exchange reserves.
Whenever the question of the security of Pakistan's nuclear arsenal comes up, the official U.S. response has been that the weapons are in safe hands.
Stocks Fall Sharply As Dollar Sinks to Fresh Lows, Credit Concerns Grow, Financial Stocks Drop
French President Nicolas Sarkozy told a joint session of the U.S. Congress the Bush administration must stem the dollar's plunge or risk triggering a trade war.
Shortages of basic foodstuffs and rising food price inflation will last for years because of growing demand for biofuels and meat and record energy prices, a senior analyst with the U.N. world food body said on Wednesday.
Gold reached a 27-year high as record oil prices deepened concern that inflation will accelerate, and a slumping dollar boosted the appeal of precious metals as an alternative investment. Silver also gained to a 26-year high.
General Motors Corp. posted a $39 billion net loss in the third quarter, as an accounting shift involving deferred tax credits brought an abrupt end to a string of three profitable quarters for the nation's largest automaker.
China and Russia Tuesday signed four agreements on nuclear energy collaboration, looking ahead to a post-hydrocarbon world. The two countries also signed deals in the finance, science and technology, and trade sectors.
Abortion is allowed yet euthanasia is illegal - our medical ethics are flawed, says Max Pemberton