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.
- WorldRussia unleashes largest drone attack on Ukrainian capital ahead of Kyiv Day
Russia unleashed waves of air strikes on Kyiv overnight in what officials said appeared to be the largest drone attack on the city since the start of the war, as the Ukrainian capital prepared to celebrate the anniversary of its founding on Sunday.
- WorldModi inaugurates new parliament building as part of New Delhi's makeover
Modi held traditional prayers outside the complex in a ceremony that was also attended by top cabinet ministers.
- 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.