U.S. government bargains for shutdown at midnight

Note: This section contains information in English only.
Source: Bloomberg
The U.S. government is bracing for a partial shutdown tonight as no consensus between the House and the Senate was reached over the weekends. Around 800,000 employees may stay home tomorrow, which will lead to increased waiting time for passport renew and liabilities in veterans' disability applications, yet this will not resolve the debt limit being exhausted on October 17. 
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Mon, 30 Sep 2013 10:23:04 GMT

WTI falls as U.S. government heads for shutdown

West Texas Intermediate oil decreased earlier on Monday trading session to its weakest level since July 5 amid speculations that demand for the commodity will shrink as the U.S. government is facing its first shutdown in 17 years. WTI futures with delivery in November fell $1.42 to $101.45 a barrel on the NYMEX after it was traded at $101.50 as

Mon, 30 Sep 2013 09:51:03 GMT

European stocks tumble led by Italy's shares

European shares shrank on Monday led by the biggest Italian banks, UniCredit SpA and Intesa Sanpaolo SpA, and the country's benchmark index as the Italy's Prime Minister fought to maintain his administration. The benchmark Stoxx Europe 600 Index dropped 0.7% to 310.02 as of 8:05 a.m. London time and It has risen 4.3% this month.

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