Obama: US needs another $1.2 trillion to meet current obligations

Note: This section contains information in English only.
Source: BBC
Barack Obama formally notified the Congress that US government needs to borrow another $1.2 trillion to meet existing commitments. Congress should vote during the next 15 days on the approval of the proposal that may raise debt ceiling to about $16.4 trillion. The government was near default in 2011 exceeding its debt ceiling. The proposal is expected to increase battles between Obama and Republicans.


Back to articles

Actual Topics

Fri, 13 Jan 2012 08:55:58 GMT

Japanese consumer sentiment increased for the first time in three quarters

Japan's consumer sentiment rose in December, reflecting the first improvement in the last three quarters. The consumer sentiment diffusion index added 4.9 points to minus 57.5 last month from minus 62.4 in the preceding quarter. The indicator subtracts the number of people who believe the economic situation deteriorated over the last year from the number of individuals who say the

Fri, 13 Jan 2012 08:55:00 GMT

Gold futures fell to $1,642.40 an ounce during the electronic trade

Gold futures eased down during the electronic session following the declines in other metals' prices. COMEX gold futures for delivery in February traded at $1,642.40 an ounce on the New York Mercantile Exchange, during the Asian trading hours, losing 0.3% since opening.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.