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France 24

Business

Bryan QUINN

US edges closer to government shutdown as Republican hardliners dig in

the White House (Organization) France Germany Semiconductor

BUSINESS DAILY © FRANCE 24

The White House is warning of severe economic consequences if Congress fails to pass a funding bill by an October 1 deadline. Far-right House Republicans are demanding deep spending cuts that are almost certain to be rejected by the Democratic-controlled Senate. Also in this edition: France asks its energy firms to sell fuel at cost, and Germany looks to semiconductor production to revive its flagging industrial sector.

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