McConnell shifts on debt ceiling deal, agreement reached; Evergrande debt troubles hitting US market

PatriotMan
Published on Oct 10, 2021
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A bipartisan agreement has been reached to raise the debt ceiling by $480 billion to prevent default till early December. This deal was proposed by Senate Minority Leader Mitch McConnell, who previously said his tactic was to stand firm and refuse to help the Democrats with the debt ceiling.

The first ten days of October are the peak of the Chinese Communist regime's annual show of force against the Taiwanese government, but this year democracies around the world are also showing off their military might to Beijing.

The Evergrande crisis has not only affected Hong Kong and China's real estate sector, but has also dragged down the stock performance of some U.S. companies. But China's economic crisis also presents opportunities for other countries. Italy sees this as a good time for "made in Italy" to regain the European market.

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#McConnell #DebtCeiling #Evergrande
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