USA - Asian News from UK

Biden signs bill to up US debt limit

The move came on Thursday after US Congress on Wednesday morning gave a final approval to the measure that would raise the debt limit to roughly $31 trillion…reports Asian Lite News US

December 16, 2021

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US Lawmakers call for pre-emptive sanctions against Russia

Moulton said the Biden administration did not want to provoke Russian President Vladimir Putin but needed to concentrate more on finding ways to deter Moscow….reports Asian Lite News A group of US

December 16, 2021

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Treasury sanctions Chinese firms to combat drug trade

The sanctions targets individuals and drug trafficking organizations (DTO) based in Brazil, China, Colombia, and Mexico….reports Asian lite News The United States on Wednesday sanctioned four Chinese painkiller makers in a bid

December 16, 2021

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Federal Reserve announces faster tapering of asset purchases

The announcement on Wednesday put the central bank on track to end asset purchases by March, earlier than initially expected of June….reports Asian Lite News The US Federal Reserve announced a faster

December 16, 2021

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Covid-19 death toll crosses 800,000

The figure is greater than the entire population of several states, including North Dakota and Alaska, reports Asian Lite News The country was hardest hit by the coronavirus pandemic, crossed 800,000 Covid-19

December 16, 2021

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Pak struggles to pacify US

Pakistan was among the four South Asian countries to have been invited to the summit by the Joe Biden administration…writes Hamza Ameer After declining to participate in the Democracy Summit on US’s

December 16, 2021

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US Congress Okays $770bn defence bill

The NDAA authorises $25 billion to increase Biden’s defense budget request for fiscal year 2022. Plus, it gives a 2.7 per cent pay rise for military service members and the Pentagon’s civilian

December 16, 2021

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S.Korea-US currency swap deal expires on Dec 31

The BOK said that the expiration of the currency swap deal will not have much impact on Seoul’s foreign currency market given the improved liquidity and other financial conditions…reports Asian Lite News

December 16, 2021

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Floyd’s murderer pleads guilty

Chauvin was convicted in April of second-degree unintentional murder, third-degree murder and second-degree manslaughter for the killing of Floyd…reports Asian Lite News Derek Chauvin, former police officer in US city of Minneapolis,

December 16, 2021

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US Senate nod to raise debt ceiling ahead of looming default

The Democrats-held House of Representative is expected to quickly clear the legislation, which will then be sent to President Joe Biden for his signature…reports Asian Lite News US Senate has approved a

December 15, 2021

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