Obama is ready for negotiations if government reopens

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Barack Obama said on Wednesday that he is ready for negotiations over budget problems and debt ceiling if the House Republicans vote for reopening of the government and ending the Shutdown. While the government is closed already for ten consecutive days, the Congress still does not have any decision on budget. Moreover, Republicans, in turn, want budget talks to take place before any voting.
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Wed, 09 Oct 2013 15:20:11 GMT

Recession in U.S. is possible amid debt ceiling problems

Treasury of the United States has warned the country's lawmakers that consequences of inaction over U.S. budget and debt ceiling will result in recession. After October 17 the government will not be allowed to borrow any sum of money, therefore it will spend the only incoming revenues. In such the case, the government will pay all the interest on debt,

Wed, 09 Oct 2013 14:47:03 GMT

Apple to sell new iPhones in 30 more countries

Apple Inc. announced on Wednesday that the company is going to offer its new iPhones 5C and 5S to customers in 30 more countries, including Russia, South Korea, the Baltics, Italy and Spain, starting from October 25. Alongside, during the first weekend of sales Apple sold record 9 million new devices. Apple Inc. equities are trading 0.27% higher to $482.22

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