Moody's downgrades US government ratings due to rising federal debt and interest payments

May 17, 2025

Moody's Ratings has downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa.

Novak Djokovic pulls out from US open due to vaccination policy of federal government

Aug 25, 2022

It is not the first time that Djokovic has faced this issue. Earlier in January this year, he could not participate in Australian Open...

Pakistan: Federal government ends electricity subsidies for consumers

Oct 23, 2024

The Pakistan federal government has made a significant move regarding electricity subsidies. The government has decided to withdraw the electricity subsidy for consumers using...

UAE: New Year holiday announced for federal government

Dec 20, 2024

The Federal Authority for Government Human Resources (FAHR) has declared Wednesday, 1st January 2025, as the New Year holiday for federal government entities in...

US senate passes bill to avert government shutdown

Dec 03, 2021

Washington [US], December 3 : The US Senate has passed a stopgap spending bill to fund the federal government into next year, that will...

American drugmaker Merck to help produce J&J's COVID-19 vaccine: Biden

Mar 02, 2021

Washington [US], March 3 : US President Joe Biden on Tuesday announced a collaboration between Johnson & Johnson, Merck, and the federal government to...