US shutdown cost $2.0 billion in lost govt outputThe 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
08 November 2013
Congress pulls US back from brink, averts defaultThe United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.
'Pitiful' US infighting threatens world: Chinese mediaChinese state media hit out at US lawmakers Thursday, a week ahead of a potential US default, urging them to "stop manufacturing crises" that threaten the global economy.
10 October 2013
World fears US default, Obama warnsPresident Barack Obama warned Tuesday that world leaders were nervous Republicans would "blow up" the US economy, and vowed not to budge on his demand for the debt ceiling to be lifted without conditions.
09 October 2013
Default fears fuel angst in shutdown WashingtonThe "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown.
08 October 2013
APEC leaders meet in shadow of US shutdownAsia-Pacific leaders opened an annual economic summit on Monday in the shadow of global growth clouds that are darkening by the day as the United States struggles to shake off policy paralysis.
07 October 2013
Shutdown forces EU, US to cancel trade deal talksThe second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
05 October 2013
White House talks fail to end government shutdownTalks between an exasperated President Barack Obama and top Republicans failed to end a government shutdown, with both sides accusing the other of refusing to negotiate.
03 October 2013
US military braces for full effect of shutdownThe US government shutdown had no drastic effect on the military Tuesday but if it remains in place everything from ship repairs to combat training will be disrupted.
02 October 2013
US economy faces hefty hit if government shuts downA US government shutdown would hit an economy struggling to sustain its post-crisis rebound, but experts say the impact will only be substantial if Washington's political paralysis lasts several weeks.
01 October 2013
Deadline missed, US slides into government shutdownThe US lurched into a dreaded government shutdown for the first time in 17 years, triggering agency closures and hundreds of thousands of furloughs as Congress missed a deadline to pass a budget.
01 October 2013
Do or die as US, Congress face government shutdownLawmakers have one final day to try to prevent the first US government shutdown in 17 years, but a deal appeared remote Monday as congressional leaders showed little intent to compromise.
30 September 2013
World's biggest nuke plant may shut: Japan report The largest nuclear power plant in the world may be forced to shut down under tightened rules proposed by Japan's new nuclear watchdog aimed at safeguarding against earthquakes.
Hurricane forces three US reactors shut Three US nuclear power reactors remained shut down and a fourth on alert Tuesday after Hurricane Sandy wreaked havoc with transmission networks and high waters threatened cooling systems.
31 October 2012
Two S. Korea nuclear reactors shut down Two South Korean 1,000-megawatt nuclear reactors were shut down Tuesday at separate plants, both as a result of unrelated systems malfunctions.