9,484.26 TRY BIST 100 BIST 100
37.93 USD USD USD
5.23 CNY CNY CNY
41.82 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
45.20 TRY Interest Interest
69.56 USD Fossil Oil Fossil Oil
31.51 USD Silver Silver
4.76 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,797.04 TRY Gold (gr) Gold (gr)

US Congress averts a shutdown that would disrupt many government functions

US Congress approves short-term spending bill to fund federal operations through 17 November, averting government shutdown. House and Senate votes 88-9, extending Federal Aviation Administration authorization for three months.

US Congress averts a shutdown that would disrupt many government functions

The US Congress has approved a short-term spending bill to fund federal operations through 17 November, averting a government shutdown that would have disrupted many government functions. The House of Representatives passed a continuing resolution to keep the federal government funded at existing levels, while the Senate followed suit, voting 88-9 in favor just hours before funding was about to expire and hundreds of thousands of federal employees were to be furloughed. President Joe Biden called the bill "good news for the American people."

House speaker Kevin McCarthy joined with Democrats to push the legislation through, bypassing far-right members who had refused to back any short-term funding deal. The bill needed a two-thirds vote for passage, with House Democrats providing 209 of the 335 votes in favor of the measure, with only one Democrat voting against it. The clean continuing resolution does not include $6bn in supplemental emergency aid to Ukraine, but it will extend the authorization of the US Federal Aviation Administration for three months and avoid potential disruptions in its programs.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

China to impose a 34% tariff on the US!

Friday, April 4, 2025

American Iron and Steel Institute praises Trump

Friday, April 4, 2025

Poor quality steel alert in Thailand: Federation of Thai Industries calls for stricter inspections

Friday, April 4, 2025

ArcelorMittal South Africa closure delayed by six months

Friday, April 4, 2025

EUROMETAL discusses critical steel sector issues with European Commission

Friday, April 4, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now