Author

 
Richard Cowan

Richard Cowan

    US shutdown: Conflict could go down to the wire
    US shutdown: Conflict could go down to the wire
    As the US government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked US Congress also confronted an...
    US Senate approves Bill to avert fiscal cliff
    US Senate approves Bill to avert fiscal cliff
    The Senate moved the US economy back from the edge of a "fiscal cliff" on Tuesday, voting to avoid imminent tax hikes and spending cuts in...
    Obama's last chance looms as US economy teeters on the edge
    Obama's last chance looms as US economy teeters on the edge
    US President Barack Obama and lawmakers are launching a last-chance round of budget talks days before a New Year's Day deadline to reach a deal...
    Democrats hold on to Senate, Republicans retain House
    Democrats hold on to Senate, Republicans retain House
    Democrats picked up key Republican seats in Massachusetts and Indiana, helping them retain control of the Senate. The Republicans were projected to...
    US lawmakers abandon efforts to rein in ballooning debt
    US lawmakers abandon efforts to rein in ballooning debt
    US lawmakers abandoned their high-profile effort to rein in the country's ballooning debt on Monday in a sign that Washington will be unlikely to...
    Republicans perform about-turn on taxes
    Republicans perform about-turn on taxes
    Having said no to taxes for months, Republicans now are saying maybe in the face of public disgust over a deadlock in the United States (US)...
    We have a deal: US House passes debt Bill
    We have a deal: US House passes debt Bill
    A last-gasp deal to raise the US borrowing limit cleared its biggest hurdle in Congress on Monday, warding off the risk of a debt default after...
    Tentative steps to US debt solution
    Tentative steps to US debt solution
    Hopes have emerged that United States (US) lawmakers were close to a last minute deal on Sunday that could raise the US debt ceiling by up to...
    Republican rebels force new delay in US debt crisis
    Republican rebels force new delay in US debt crisis
    Urgent efforts to avoid an unprecedented US debt default suffered a new blow on Thursday when some fiscally hardline Republicans blocked a budget...
    United States debt war threatens world markets
    United States debt war threatens world markets
    United States lawmakers were locked in a standoff on Monday over duelling debt plans that offered little prospect for compromise, increasing the...
    US lawmakers still divided as debt deadline looms
    US lawmakers still divided as debt deadline looms
    United States lawmakers failed to achieve a budget breakthrough on Sunday and instead worked on rival plans in an impasse that heightened prospects...
    UN climate talks open, deal 'within reach'
    UN climate talks open, deal 'within reach'
    The biggest climate meeting in history, with 15 000 participants from 192 nations, opened in Copenhagen on Monday with hosts Denmark saying an...