The deal would avert a default, so long as they succeed in passing it through Congress before the Treasury Department runs short of money to cover its obligations, which it warned will occur if the debt ceiling is not raised by June 5.
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Turks vote in a presidential runoff that could see Tayyip Erdogan extend his rule into a third decade and intensify Turkey's increasingly authoritarian path, muscular foreign policy and unorthodox economic governance.
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He will now be temporarily removed from office pending a trial in the Senate, where his wife, Angela Paxton, is a senator.
- TechnologyUS 'won't tolerate' China's ban on Micron chips, commerce secretary says
Gina Raimondo called the move "economic coercion." China took the action a day after G7 leaders agreed to new initiatives to push back against such efforts by Beijing.
