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American companies

Debt-default could cause $ collapse

Congressional leaders at loggerheads over a debt ceiling impasse sat down with President Joe Biden on 9 May, as the clock ticks down to a potentially catastrophic default if nothing is done by the end of the month.

‘India’s e-commerce regulations need more consultation’

Acting Assistant Secretary of Commerce and Director General of the US Foreign Commercial Service for the Department of Commerce, Ian Steff on Friday said some of the e-commerce regulations have not received the type of consultation that is needed with some of the large investors.