• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Financial crisis in the U.S. remains unchanged

Posted On 05 Oct 2013
Eric Cantor

Eric Cantor

A default on debt payments could freeze credit markets in the country, causing a decline in the value of the dollar and a rise in interest rates, according to the Treasury Department, would be the main effects of the crisis in the U.S., yesterday continued unchanged and remain concerned about the world’s largest economy.

U.S. President Barack Obama and the Republican leadership in Congress were yesterday continued without proposals to end the partial shutdown of the Federal Government, which entered its fourth day and caused the president to cancel a tour to Asia.

The situation “may end today,” Obama said yesterday to go with his vice president, Joe Biden, to eat sandwich at Taylor Gourmet, a restaurant near the White House that offers discounts to federal employees who have been forced to stay in house.

The president insists that, before trading on this new budget crisis, Congress should authorize without conditions, funding for the government to operate in the new fiscal year, which began last Tuesday.

Republicans call for the convening of a conciliation committee, which brings together members of both houses of Congress, to negotiate this crisis and have proposed a legislation to finance departments and administration programs as long as the ‘closure’ continues.

The House vote today to provide a measure ” to ensure that all federal employees who have been laid off receive their salary when the ‘closure’ is finished”, as announced by the Republican majority leader, Eric Cantor.

About the Author
  • google-share
Previous Story

Process to collect signatures for the Yasuní began

Next Story

Actress who does the voice of Siri in the United States comes to light

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net