CAPITOL HILL — The U.S. House of Representatives has just a few days to finish negotiations for a 2017 budget. If no agreement is reached on levels of funding, the U.S. government will shut down at midnight April 28. What is the US House of Representatives? Each of the House’s 435 representatives represents about 700,000 people […]
WASHINGTON (Reuters) – Deep divisions cut short Republican hopes for a quick revival of Obamacare replacement legislation on Wednesday, as Congress prepared to leave town for a two-week recess without a deal to end party infighting. “We are going to go home tomorrow without a deal,” Congressman Chris Collins, a Republican moderate in the U.S. […]
BANGKOK — Governments and business in Asia are preparing to place greater focus on regional trade and economic prospects, following the U.S. decision to withdraw from the 12 nation Trans Pacific Partnership agreement or TPP. Analysts say alternative multilateral trade pacts including the Regional Comprehensive Economic Partnership (RCEP), which includes China, may fill the ‘vacuum’ left […]
President Donald Trump has withdrawn the United States from the 12-nation Pacific Rim trade deal as he starts his first full week in office. The Trans-Pacific Partnership had been negotiated since 2009 during former President Barack Obama’s White House tenure, but the U.S. Congress never ratified it, with numerous lawmakers opposed to or skeptical of […]