US Comes Close to Agree on Raising Short-term Debt Ceiling

Financial markets gained a tad as the House of Representatives threw a proposal to raise the debt ceiling to cover borrowing requirements through till November 22, paving the way for negotiation on the fiscal budget. Yet, the plan does not resolve the government shutdown. In the Eurozone, ECB President Draghi pledged to lower interest rates further if volatility increases.

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US Comes Close to Agree on Raising Short-term Debt Ceiling

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