US moves closer to government shutdown

US moves closer to government shutdown

The United States has moved closer to a government shutdown after the House of Representatives failed to pass a slimmed-down spending bill that had the backing of President-elect Donald Trump and his ally, Tesla CEO Elon Musk. If the US Congress can't agree on a deal Friday, government funding is set to lapse at midnight Saturday morning. Benji Hyer has more from Washington:

December 20, 2024 7

Business / Economics

US Fed cuts interest rate for third time in 2024

The US Federal Reserve has reduced interest rates by another quarter of a percent, its third consecutive cut of 2024. However, the central bank has signaled just two cuts in the coming year. Nick Harper reports from Washington.

December 19, 2024 10

World

US lawmakers face deadline to avoid government shutdown

US lawmakers are struggling to reach a deal to avert a partial government shutdown that kicks in on December 20th. Extra help for farmers has risen to the top as the main obstacle to an agreement. Nick Harper reports from Washington.

December 17, 2024 16

World

G7 leaders focus on Syrian transition and Ukraine support in discussions

British Prime Minister Keir Starmer has echoed calls made by Group of Seven nation leaders in support of an inclusive and non-sectarian government in Syria. It follows a virtual meeting on Friday during which they discussed developments in the Middle East and continued support for Ukraine. Caroline Malone is in Washington for us:

December 16, 2024 8

World

US charges Syrians with war crimes

The United States has filed war crimes charges against two high-ranking Syrian military figures who it accuses of torturing American citizens. It comes after the government of Bashar al-Assad collapsed, with the former president fleeing the country. Nick Harper reports from Washington.

December 11, 2024 13

Business / Economics

Trump vows to stop Nippon takeover of U.S. steel

U.S. President-elect Donald Trump says he will block a deal for a Japanese company to acquire U.S. steel. Instead, he insists, his tax and tariff plans will make the U.S. manufacturer strong again by being American-owned. Caroline Malone reports from Washington.

December 4, 2024 17

World

US expresses concern over South Korea

The United States has expressed confidence that the political dispute in South Korea is resolved peacefully and within the rule of law. This follows President Yoon Suk Yeol's declaration of emergency martial law, citing security concerns over North Korea. However, South Korean lawmakers voted to block the president's power after protests outside Parliament. From Washington, Benji Hyer reports.

December 4, 2024 26

Business / Economics

“No one will win a trade war,” Says China

Neither the US nor China would win a trade war, the Chinese embassy in Washington said on Monday, after president-elect Donald Trump vowed additional tariffs on China as well as US neighbors Canada and Mexico. Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday. Laura Westbrook has more.

November 26, 2024 13

World

Donald Trump pushes unconventional cabinet picks

US President-elect Donald Trump's cabinet choices continue to attract scrutiny after he made several more unconventional picks for top jobs, nominating a retired professional wrestling performer as his Secretary of Education. Meanwhile his selections for Defence Secretary and Attorney General are batting away sexual misconduct allegations as they face confirmation proceedings in Washington. From there, Benji Hyer reports.

November 21, 2024 17