Real-time Financial News

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2024-09-22 Sunday
  • 10:18:29

    [Japan will ban the sale of crayfish from June 1] According to Japanese media reports, from June 1, Japan will list crayfish and painted turtles as "conditional specific alien organisms", and prohibit the sale or release of them. Face up to 3 years in prison or a fine of up to 3 million yen, or about 150,000 yuan. According to the Japanese side, crayfish and painted turtles are alien species that have seriously affected the Japanese ecosystem.

  • 10:16:28

    Kiev Independent: Ukrainian President Volodymyr Zelensky signed a decree authorizing sanctions against 220 companies and 51 individuals related to the Russian military-industrial complex.

  • 10:12:28

    According to the Kiev Independent: In the early hours of May 28, Russia launched its 14th drone attack on Kiev this month. Kiev’s air defense forces destroyed more than 20 drones. In Kiev, a man was killed and three others were injured when he was hit by debris from a drone.

  • 10:05:07

    US President Joe Biden: The deal prevents a potentially catastrophic default. Urge the Senate and House of Representatives to pass the agreement immediately.

  • 10:03:13

    Market news: The US debt agreement will suspend the ceiling until January 1, 2025.

  • 10:02:10

    US PRESIDENT BIDEN: Earlier tonight, I reached a preliminary budget agreement with Speaker McCarthy, Speaker of the US House of Representatives. An agreement represents a "compromise". In the following day, the negotiating team will finalize the legislative text, and the agreement will be sent to the US House of Representatives and Senate.

  • 09:59:11

    By PUNCHBOWL: U.S. House Majority Leader Scalise tells Republicans to heed 24-hour notice.

  • 09:52:50

    [US media: The debt ceiling agreement is unlikely to significantly change the long-term fiscal trajectory of the United States] According to people familiar with the matter, the preliminary debt ceiling agreement has been reached, which will raise the US debt ceiling for two years and set new limits on spending during this time . The agreement would keep nondefense spending in fiscal year 2024 at about the same level as fiscal year 2023 and increase it by about 1% in 2025. The agreement would impose some new restrictions on certain government aid programs, such as food stamps. The deal faces hurdles in getting through Congress, and the compromise will likely need bipartisan support to pass the Republican-controlled House of Representatives. The proposed agreement is unlikely to substantially alter the long-term U.S. fiscal trajectory, as both sides backed away from their initial positions. The deal will have a minor impact on spending that accounts for less than a third of the federal budget, with spending on mandatory programs like Social Security and Medicare and interest on debt unaffected.

  • 09:15:05

    McCarthy, Speaker of the US House of Representatives: Expected to speak with US President Biden on Sunday.

  • 09:14:55

    McCarthy, Speaker of the US House of Representatives: I will not answer questions and hope to brief members.

  • 09:12:56

    McCarthy, Speaker of the US House of Representatives: It is expected to finish drafting the bill and publish the text on Sunday. A vote on the agreement is expected on Wednesday.

  • 09:12:27

    McCarthy, Speaker of the US House of Representatives: There will be no new taxes or new programs in the agreement.

  • 09:12:17

    McCarthy, Speaker of the US House of Representatives: He had two phone calls with US President Biden on Saturday; the agreement will make historic spending cuts.

  • 09:11:51

    McCarthy, Speaker of the US House of Representatives: We have reached an agreement in principle.

  • 09:11:37

    McCarthy, Speaker of the US House of Representatives: We still have a lot of work to do.

  • 09:11:23

    McCarthy, Speaker of the US House of Representatives: We will soon vote for the debt ceiling agreement.

  • 09:06:54

    Sources: The negotiating team is finalizing the text of the bill for the interim debt ceiling agreement.

  • 09:05:49

    Sources: Funds from the US Inflation Cut Act will go to the Clean Energy Fund, which provides financial support to low-income Americans and pollution cleanups.

  • 09:05:25

    Sources: US debt deal also includes reforms to reduce the number of vulnerable people of all ages who are vulnerable to time constraints.

  • 09:04:36

    Sources: U.S. debt ceiling deal fully funds veterans health care. The agreement does not include any of the changes to Medicaid that Republicans are seeking.

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