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DALLAS (Reuters) - A U.S. central banker known for his criticism of Washington politics warned on Monday that the standoff in the U.S. Congress that has shut down the federal government could drive the country to the edge of defaulting on its sovereign debt.
PETALING JAYA: Consumer groups are backing the possible hike in sugar and flour prices as long as the needs of the poor are safeguarded, claiming that the liberal use of these items has led poor health.
THE S11 House in Petaling Jaya has added another feather to its cap after winning the tropical building category of the Asean Energy Awards 2013.
(Reuters) - A top Federal Reserve official on Tuesday added her voice to those at the U.S. central bank who wanted to reduce asset purchases last month, though she stressed that "very supportive" policies remain essential to support the economy.
NEW YORK (Reuters) - A month after a record-setting swim from Cuba to Florida, Diana Nyad has moved on from the real sharks of the Florida Straits to the metaphorical ones of New York City.
WASHINGTON (Reuters) - U.S. financial regulators discussed the federal debt ceiling and the effect of the government shutdown on market monitoring during a phone conversation on Tuesday, a Treasury Department spokesman said.
MEXICO CITY (Reuters) - Mexico's finance minister urged the United States on Tuesday to reach an agreement on raising its debt ceiling, saying a failure to do so could seriously damage financial markets and the global economy.
WASHINGTON (Reuters) - The last time the U.S. Supreme Court heard a major campaign finance dispute, then-Solicitor General Elena Kagan stood at the lectern making the government's case to the justices. On Tuesday she was on the bench, nearly as forceful, her sharp questions setting the tone for a defence of limits on political contributions and drawing caustic retorts from opposing justices.