U.S. debt ceiling is increased in the global economy took a breath

IMF Managing Director Christine Lagarde, U.S. debt ceiling raise the Click event of the global economy could slip into recession warned.

At the same time suspended services in the United States in many public employees will start working again.

Republican and Democratic leaders in the Senate earlier passed the Senate agreed on the draft resolutions.

The motion put to the vote in 18 games, no provision was adopted with 81 yes votes.

Later, the House of Representatives voted on the motion, corresponding to 144 no 285 yes votes was approved taking.

House of Representatives Republican leaders reluctantly backed Republicans to vote against the motion were numerous.

President Barack Obama's decision to sign this morning was enacted.
Immediately after the adoption of the resolution , U.S. President Barack Obama makes a statement , " to regain the trust of the American people , including a lot of work in front of that ," he said .
Senate Democratic leader Harry Reid in the early hours of motion in his speech as "historic" , he described the long -term budget deal to Congress for the time said he knew it .
Recommendation may be submitted to the Senate and the House of Representatives under the plan will be created with the participation of members of the long-term budget agreement, a committee will be tasked with .
Reid "Our country came to the brink of disaster . This law that stops Washington's work was terminated uncertainty ," he said .
Reid to interview Republican leader Mitch McConnell in the Senate , in case of adoption of the law is suspended and default on government services will begin again denied the deduction because "sure" said .

Future crisis in the United States will not be

The government's intransigence on the budget because of the log is closed in October 16 in the United States , with the threat of a new year, a new budget crisis has eliminated the possibility of entering .Negotiators from the two parties agreed on two months working the two-year budget, the U.S. House of Representatives had agreed last week . U.S. Senate vote on budget today versus 64 to 36 spent .Congress since 2010 did not agree on a common budget . Besides Congress , the first time after a long time a subject or a great last-minute extension was approved without discussion .Thanks to budget spending is typically 15 January 2014 permit expired a risk that the federal government is now closed again disappeared . Thus , Americans, with the threat of the new year will enter a new budget crisis . Government , due to disputes on the budget , log in October 16 was closed.Determine the level of federal spending deal , ' sequestration ' known as the Department of Defense ( Pentagon) found in institutions such as automatic budget cuts of $ 63 billion in two years is reducing. The two-year budget deficit of $ 23 billion deal aimed at reducing the federal government around $ 1 trillion in spending in 2014 was determined.

Latvia is participating in Euro

Latvia is participating in Euro

Baltic countries Latvia, from 1 January 2014 will start using the euro currency. The number of member countries of the euro area will thus be 18.

A new countries are joining the Eurozone.

From 1 January 2014 the euro currency in Latvia through the 18th member of the Eurozone countries will be.

Baltic country with a population of 2 million, since 2004 a member of the European Union is the free market.

Positive developments in the country for the introduction of the Euro was formed in June of 2013.

Latvian nationals in local currency from January 1, the 'LAT will be able to pay any price change with the euro.

Each of the two currencies will be effective in two weeks later after the transition process will cease to be legal tender.