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Update news debt ceiling
VietNamNet Bridge – Shares finished up last week on both national stock exchanges thanks to net buying by foreign investors, with speculative stocks proving particularly attractive.
U.S. stocks finished mixed Thursday, with the Standard & Poor's 500-stock Index ending at its all-time high, after a last-minute deal was struck to reopen the U. S. government and raise the debt ceiling.
U.S. House of Representatives Wednesday night approved a deal to raise the debt ceiling and reopen the federal government, clearing final hurdle of the legislation in the Congress.
Failure to raise the U.S. debt ceiling could have harsh economic consequences worldwide, Angel Gurra, secretary general of the Organization for Economic Cooperation and Development (OECD), warned Thursday.
US Treasury Secretary Jack Lew warned Sunday that Congress was "playing with fire" as Republicans raised the threat of a US default if President Barack Obama refuses to negotiate on spending.
U.S. Senate on Thursday approved the postponement of the federal government's debt ceiling until May to keep the federal government in operation and give lawmakers more time
The House of Representatives voted on Wednesday to suspend the US debt ceiling until May, averting a potential default crisis and buying time for high-stakes budget negotiations.
U.S. stocks rebounded to close higher Tuesday, as the White House welcomed a temporary extension to the debt ceiling, with both Dow Jones Industrial Average and Standard & Poor's 500-stock Index hitting more than five-year highs.