The US has experienced several government shutdowns in recent years. In 2018-2019, the longest shutdown in US history lasted 35 days, sparked by disputes over border security and President Trump's demand for a border wall. 



Explained: US lawmakers scramble to avert govt shutdown. Here's what's at stake

The United States is on the brink of another government shutdown, sparking concerns about the impact on federal services, the economy, and Americans' daily lives.

Just days before the United States was set to default on its debt for the first time, the US Congress approved a deal to lift the nation's borrowing limit. The bill, which is well on its way to becoming law, will spare the US from a catastrophic default on its $31.

US narrowly avoids its first-ever default as Congress approves debt-ceiling suspension

The US House of Representatives on Wednesday (May 31) voted in favour of raising the country's debt ceiling. The passage of the legislation has brought the US one step closer to eliminating debt default, something that not only will be bad for the US but also for the health of world economy.

US House passes debt ceiling deal to prevent default, bill heads to Senate for nod before June 5 deadline

United States President Joe Biden said on Sunday (May 28) that a final bipartisan deal to raise the US debt ceiling now heads to Congress. The deal was struck with House Speaker Kevin McCarthy just a few days before the deadline day.

US: Deal to raise debt ceiling heads to Congress, Biden urges passage

With the US debt default deadline precariously close, President Joe Biden said his administration was close to achieving a breakthrough. For the first time in many weeks, Biden seemed upbeat about the prospect of getting the deal done and raising the debt ceiling.

'It's very close...': Biden sounds optimistic on breakthrough in debt ceiling talks

United States President Joe Biden struck a deal ‘in principle’ with Republican lawmakers to increase the debt ceiling of the country on Saturday, in a first crucial step towards averting the disastrous default with a few days to spare.

US: Biden, Republicans reach ‘in principle’ deal to avert catastrophic debt default

Credit rating agency Moody's on Thursday said that the US must make its mid-June interest payments to preserve its highest investment grade rating at AAA grade. "That's a really important date for us," William Foster, a senior vice president at Moody's told Bloomberg, referring to the June 15 debt payment due date.

Debt limit standoff deepens: US faces critical June 15 payment deadline

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not have to wait until the 11th hour for a solution on the US debt ceiling.

IMF chief hopes US debt ceiling deal will come before '11th hour'

Kevin McCarthy has said that he is sending Republican negotiators to the White House to finish the debt limit talks while affirming that “we are not going to default.

McCarthy sending negotiators to White House over debt crisis, but warns two sides ‘still far apart’

The White House said on Tuesday (May 23) that it is not considering any constitutional solution to the current debt impasse as currently, President Joe Biden is not planning to invoke the 14th Amendment to prevent a US debt default.

White House: Biden not planning to invoke 14th Amendment to prevent debt default

The Indian shares were off to a muted start on Monday, May 22, after the US debt ceiling talks which were paused on Friday, May 19. Wall Street equities closed lower on Friday on reports that the U.

Indian shares open low amid US debt ceiling talks

As the G7 summit in Hiroshima, Japan comes to an end, US President Joe Biden has turned his attention towards the debt ceiling crisis. Biden will hold a call with House Speaker Kevin McCarthy about the issue during his flight back home, aboard Air Force One, according to a Bloomberg report.

US debt ceiling: Biden to ring McCarthy from Air Force One to restart negotiations

The White House confirmed on Friday (May 19) that debt limit talks between United States President Joe Biden's Democratic administration and House Republicans had come to a halt.

US debt ceiling talks resume after a temporary pause: Report

US President Joe Biden and top congressional Republican Kevin McCarthy will meet on Tuesday to make progress on a deal to raise the US government's $31.4 trillion debt ceiling.

‘Time is running out’ as Joe Biden, McCarthy meet in bid to resolve US debt ceiling deadlock

US President Joe Biden, a Democrat, on Wednesday expressed confidence about reaching a deal with his Republican counterparts to reach a deal to avoid a catastrophic US debt default.

Biden backs off 'raise the debt ceiling' idea, confident of reaching deal to avoid default

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Explained: US lawmakers scramble to avert govt shutdown. Here's what's at stake