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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
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Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
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“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

United States fails to reach an agreement to overcome federal crisis

Posted On 11 Oct 2013

Screen Shot 2013-10-11 at 10.31.04While international markets are nervousness, employees are still paralyzed by the crisis and have started to rise the tone of their voices to require solutions with street protests; even yesterday there was a shooting which involved a retired men, apparently affected by the crisis.

Yesterday, President Barack Obama and Republican leaders of the House of Representatives, held a meeting to unblock the negotiations, but failed to reach consensus.

The Republican bloc, who has suffered a drop in the polls as a result of The paralysis, offered a plan that extends for six weeks the top of the national debt, in a kind of concession designed to allow a wide budget negotiation.

First, Obama met the Democrats at the Senate and then a dozen Republican negotiators of the Lower House, in order to achieve a truce with the crisis, that has left 350,000 federal employees out of work.

The impasse in negotiations is partly because many Republicans insist on condition the reopening of higher government to tax cuts, while the White House has made it clear that Obama “will not pay a ransom” in exchange for The Congress to do its job to pass a budget and raise the top of the debt.

Treasury Secretary, Jack Lew, warned legislators that the possibility of nonpayment has caused a spike in interest rates and has shaken markets worldwide.

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