Trends - Mitch McConnell - Business Recorder

Mitch McConnell

US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet

WASHINGTON: US President Joe Biden on Monday summoned the four top congressional leaders to the White House next...

Published 02 May, 2023 09:38am

World

US Senate Democrats say getting closer to gun-violence compromise

WASHINGTON: Democrats in the U.S. Senate said on Tuesday they were encouraged by talks with Republicans on firearms...

Published 08 Jun, 2022 01:37am

World

McConnell, two governors said to be in Wisconsin gunman’s hit list

The names of U.S. Senate Minority Leader Mitch McConnell, Michigan Governor Gretchen Whitmer and Wisconsin Governor...

Published 05 Jun, 2022 11:54am

World

McConnell sees Wednesday US Senate vote on $40 billion Ukraine aid bill

U.S. Senate Republican Leader Mitch McConnell said on Sunday he expected the Senate to vote on Wednesday to approve...

Published 15 May, 2022 11:24pm

World

US Congress passes budget including $14bn for Ukraine

WASHINGTON: The US Congress passed a huge omnibus 2022 spending bill Thursday including almost $14 billion in...

Published 11 Mar, 2022 11:12am

World

US lawmakers advance budget with $14bn for Ukraine

WASHINGTON: US lawmakers signed off on almost $14 billion in aid for war-torn Ukraine on Wednesday as part of a ...

Updated 10 Mar, 2022 01:37pm

World

Top US Republican McConnell lashes out at Biden

WASHINGTON: Republican Senate Minority Leader Mitch McConnell lashed out at President Joe Biden on Wednesday,...

Published 13 Jan, 2022 10:16am

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 08 Oct, 2021 04:30am

Opinion

Will Washington truce stick? Wall St assesses US debt ceiling risk

An apparent truce in the US debt-ceiling standoff in Congress has offered some relief to Wall Street investors on...

Published 08 Oct, 2021 04:30am

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 07 Oct, 2021 12:49pm

World

As US nears debt-ceiling ‘cliff’, Senate Democrats to vote again

WASHINGTON: US Senate Democrats planned a third attempt on Wednesday to get Republicans to vote to raise the federal...

Published 07 Oct, 2021 04:25am

World

U.S. Senate to vote on debt ceiling, Republicans say they will oppose

WASHINGTON: President Joe Biden's Democrats planned a Wednesday vote in the Senate to suspend the U.S. debt ceiling,...

Published 06 Oct, 2021 01:15am

Markets

Short-end yields spike amid debt ceiling conflict

CHICAGO: U.S. Treasury yields rose on Monday, spiking sharply on the shortest end of the yield curve as Washington...

Published 05 Oct, 2021 01:41am

World

Biden to Republicans: 'Get out of the way' in debt-ceiling crisis

WASHINGTON: President Joe Biden said on Monday the federal government could breach its $28.4 trillion debt limit in ...

Updated 05 Oct, 2021 01:41am

Opinion

How the US debt limit became 'a hostage that's worth ransoming'

A decade ago, a standoff between Democrats and Republicans over increasing the United States' authority to borrow...

Published 27 Sep, 2021 05:51am

Opinion

Fate of Afghan allies in faraway war divides US Republicans

Following compassionate calls by US Republicans to rescue Afghan allies desperate to flee the Taliban, unbending...

Published 22 Aug, 2021 04:09am

World

US, UK to launch evacuation flights as Taliban advance across Afghanistan

The orders came as the Taliban took control of Kandahar, the nation's second biggest city in the insurgency's heartland, leaving only Kabul and pockets of other territory in government hands

Published 13 Aug, 2021 09:39am

World

Trump to give first post-White House speech at conservative summit

Lawmakers from his Democratic Party have unveiled legislation to create a path to citizenship for 11 million undocumented immigrants, reversing Trump's hardline policies.

Published 21 Feb, 2021 10:43am

World

Trump urges Senate Republicans to dump McConnell

It was that claim, both McConnell and Democrats say, which incited the unprecedented attack on Congress on January 6.

Published 17 Feb, 2021 11:08am

World

With Republican firewall, Senate acquits Trump of inciting deadly Capitol riot

WASHINGTON: The US Senate acquitted Donald Trump on Saturday of inciting the mob that stormed the Capitol last ...

Published 15 Feb, 2021 04:53am

World

Senate Republican leader McConnell drops objection to power-sharing deal with Democrats

Senate committees have still not been reorganized under Democratic control.

Published 26 Jan, 2021 11:54am

World

U.S. Senate will not convene this week amid Trump impeachment: McConnell spokesman

The House is expected to vote Wednesday on impeaching Trump following last week's riot in the U.S. Capitol.

Published 13 Jan, 2021 11:51pm

World

McConnell believes Trump committed impeachable offenses: New York Times

The New York Times reported on Tuesday, citing people familiar with his thinking.

Published 13 Jan, 2021 12:31pm

Markets

Wall Street set to wind up pandemic year with gains

The S&P 500 has climbed almost 70pc from its March low, putting it on course for a more than 15pc yearly gain.

Published 31 Dec, 2020 11:19pm

World

McConnell thwarts Trump bid for $2,000 coronavirus economic relief checks

The tensions among Republicans have been exacerbated by a second showdown over an effort in Congress to override Trump's veto of a defense policy bill.

Published 31 Dec, 2020 11:15am

World

Defying Trump, McConnell puts off vote on $2,000 checks, urges override of defense bill veto

Senate Majority Leader Mitch McConnell on Tuesday put off a vote on increasing COVID-19 relief checks from $600 to $2,000 and urged senators to override President Donald Trump’s veto of a defense bill.
McConnell tied the larger checks, which were demanded by Trump and supported by Democrats, to two other measures the president wants but which most Democrats oppose.

Published 30 Dec, 2020 03:39pm

Markets

Dollar hits two-year lows as traders ignore US stimulus delays

Although the agreement avoids a chaotic no-deal exit, it does not cover services, which make up 80% of the British economy.

Published 30 Dec, 2020 02:44pm

World

Democratic Senator Schumer blasts checks legislation he says McConnell has introduced

McConnell's office was not immediately available for comment.

Published 30 Dec, 2020 11:18am

World

U.S. Senate to address Trump's request on stimulus checks: McConnell

McConnell, the top Republican in the U.S. Senate, said senators will also address Trump's requests regarding social media company protections and the president's allegations of widespread election fraud.

Published 30 Dec, 2020 12:13am

Markets

Stocks, pound, oil sink as virus surge trumps stimulus deal

Oil prices also sank as the new containment measures hammered expectations for travel over the Christmas period, with the discovery of a mutated and more infectious strain of the coronavirus in Britain also leading several governments to ban flights from the country.

Published 21 Dec, 2020 08:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 12	278.53
USD PKR Interbank Buying / Sep 12	278.33
USD to Japanese Yen / Sep 12	142.71
USD to Swiss Franc / Sep 12	0.85
Pound Sterling to USD / Sep 12	1.30
Euro to USD / Sep 12	1.10

Stock	Volume
S&P 500 / Sep 11	5,536.66
Nasdaq / Sep 11	17,395.53
Dow Jones / Sep 11	40,861.71
India Sensex / Sep 12	81,721.93
Tokyo Nikkei / Sep 12	36,785.67
Hang Seng / Sep 12	17,323.75
FTSE 100 / Sep 12	8,273.16
Germany DAX 30 / Sep 12	18,552.19

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,735
Petrol/Litre / Sep 12	259.10
Crude Oil USD/Barrel / Sep 12	67.78
Gold 10 Grams PKR / Sep 12	263,000
Gold Spot USD/Ounce / Sep 12	2,518.36
Diesel/Litre / Sep 12	262.75

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 12 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 12 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 12 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 12 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 12 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 12 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 12 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 12 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 12 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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