News Wire | Thursday, June 1, 2023

US House Passes Debt Ceiling Bill in Crucial Step to Avert Historic Default

By Lauren Fedor | Financial Times (free)

The House of Representatives has passed a bill to raise the U.S. debt ceiling, a victory for Republican Speaker Kevin McCarthy that brings Washington closer to averting a historic default.

News Europe

NATO Squabbles Over Speedy Accession of Ukraine as Decisive Summit Looms

By Sabine Siebold and Gwladys Fouche | Reuters (registration required)

Moscow cannot stop Ukraine from becoming a NATO member, the alliance’s chief Jens Stoltenberg said on Thursday, as divisions among allies about the speed of Kyiv’s accession became apparent only weeks before a decisive mid-July summit in Vilnius.

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