3 Aug, 2021

US and the public debt threshold

In the United States, a two-year agreement on the suspension of the national debt limit has come to an end. This means that its limit value has started to work again. As Bloomberg notes, by the end of June, cumulative debt had reached nearly $ 28.5 trillion – $ 22 trillion plus accumulated debt since August 2019.

If Congress does not decide to suspend the limit or increase it, then the Treasury will have to take extraordinary measures. When the limit is reached, the United States in October or November will be on the verge of default on regular spending obligations or will default on government securities.

Without an agreement, the US Treasury will only be able to dispose of cash balances in accounts – about $ 450 billion – and budget receipts after planned expenditures.

The department has already begun to prepare for the problems. Since Friday, July 30, it suspended the issuance of a number of special securities, and also began to use special debt instruments that are not taken into account when calculating the debt limit.

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In Britain, for the 150th anniversary of “Alice Through the Looking Glass”, collectible coins were issued with the twins Tweedledum and Tweedledum. The price of the coins is from 13 to 2.4 thousand pounds (in gold).

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The damage from economic crimes in the Russian Federation exceeded 142.6 billion rubles in the first half of the year, which is 74.5 million rubles less than in the first half of 2020, the General Prosecutor’s Office of Russia said.

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In Lithuania, migrants staged riots in a tent camp due to dissatisfaction with the conditions provided, media reported.

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The UN is not considering the possibility of deploying peacekeepers in Afghanistan, said the permanent representative of India, which will chair the Security Council in August

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The head of the “Belarusian House in Ukraine” Vitaly Shishov went for a run on Monday morning and did not return, later he was found hanged in the park, one of the versions is a murder disguised as suicide, police said

Shishov headed an NGO that helped Belarusians who left the country for political reasons, with legalization, housing and employment. The Viasna Human Rights Center reported that he had previously noticed that he was being watched while jogging.

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The wealth of the 24 richest people in Russia exceeded all the other savings that Russians have taken together.

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The United States has introduced a three-year restriction on the stay of Russian diplomats in the country, and 24 diplomatic missions who expire are ordered to leave the United States before September 3, Russian Ambassador to Washington Anatoly Antonov said.

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Rosgvardia buys almost 32 thousand tear gas aerosol dispensers for 84 million rubles, it follows from the data of the government procurement portal.

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Food retailer Lenta announced the completion of the purchase of the Billa Russia chain. This is stated in a message published on the company’s website. The deal is valued at 225 million euros.

“As a result of the acquisition, approved by the Federal Antimonopoly Service of Russia in July 2021, Lenta will become the second largest supermarket operator in Moscow and the Moscow region in terms of the number of stores,” the statement said.

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The IMF approved the allocation of $ 650 billion for the restoration of the global economy. The head of the IMF Kristalina Georgieva called the decision “historic”. Distribution will begin on 23 August. About $ 275 billion is earmarked for emerging markets and low-income countries.

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Fraudsters began to blackmail the Russians who troll them, Lazareva, the head of the project “For the rights of borrowers”, told RIA Novosti.

The scheme looks like this: the attacker calls the victim and records the conversation. If the fraudster realizes that the victim is trolling him, he begins to play along so that the recording is as saturated as possible. Then, in special programs, the attackers remount the sound, constructing a “conversation” that can compromise the victim or create trouble for her. The fraudster demands money, threatening to send the recording to the victim’s relatives, employers, partners, and so on.

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Lyubov Sobol received a year and a half of restriction of freedom on a “sanitary case”. She is forbidden to leave home at night, attend rallies and travel outside Moscow and the Moscow region.

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Lithuania will return illegal migrants from Belarus back, as they “deliberately cooperate with the Belarusian regime and insolently, cynically and with impunity violate Lithuanian laws.” The statement follows an increase in the number of flights from Iraq to Belarus

Since midnight, about 180 illegal migrants who intend to cross the state border from Belarus have not been allowed into Lithuania, said the head of the Lithuanian State Border Guard Service (SOGGL) Rustamas Lyubayevas.

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The decisive evidence against the associate professor of the Moscow Aviation Institute Alexei Vorobyov, who was sentenced to 20 years in prison for treason, was the dust particles from the “Chinese region” found on the memory card of his phone, “Open Media” learned. The conclusion about the origin of this dust was made by forensic experts working for the FSB. And the investigation, on the basis of this, came to the conclusion that Vorobyov transferred secret information about rocket engines to the Chinese university.

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Tikhanovskaya met with British Prime Minister Boris Johnson

“Great Britain stands in solidarity with the people of Belarus and will continue to take measures to support them,” Johnson

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Turpal-Ali Ibragimov, Kadyrov’s cousin, has been appointed the new Chechen minister for physical culture, sports and youth policy. The name of Turpal-Ali Ibragimov was previously mentioned by the former senior sergeant of the prestigious Kadyrov regiment Suleiman Gezmakhmaev, who spoke about extrajudicial executions in Chechnya

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BMW has reported financial results for the second quarter. BMW AG’s profit before interest and taxes rose to 5 billion euros ($ 5.9 billion), compared with the average forecast of analysts of 4 billion euros. BMW’s operating profit from car manufacturing jumped to 16%, roughly double the 7% -9% annual forecast.

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