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U.S. Congress enters crucial week in budget, debt limit battles
As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted an October 17 deadline to increase the nation's borrowing power or risk default.
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China's Xi sees 'long and tortuous' world economic recovery
Chinese President Xi Jinping said on Monday he expected a "long and tortuous process" of world economic recovery, while China's economic growth rate of about 7 percent was "within a reasonable and expected range".
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Russia halts Lithuanian dairy imports before EU summit
Russia suspended imports of dairy products from neighboring Lithuania on Monday, turning up trade pressure on the European Union member weeks before it hosts a summit that could pull former Soviet republics further from Moscow's orbit.
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EGF Turkey File
![]() Insights into Turkish Domestic and International Politics during September 1-30th 2013
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Washington enters fifth day of shutdown, no end in sight
Washington entered the fifth day of a partial government shutdown on Saturday with no end in sight even as another, more serious conflict over raising the nation's borrowing authority started heating up.
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China's capital to replace some coal-fired heating plants
China will replace four coal-burning heating plants in the capital Beijing with natural gas fired ones by the end of next year as it steps up efforts to clean up pollution, the official Xinhua news agency reported on Saturday.
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Netherlands takes legal action against Russia over Greenpeace activists
The Netherlands launched legal proceedings against Russia on Friday, saying it had unlawfully detained Greenpeace activists on a Dutch-registered ship for protesting against oil drilling in the Arctic.
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U.S. default seems unthinkable but investors have options
Investors who behave conventionally are likely to get burned if the political standoff over the federal budget and the debt ceiling ends up forcing the United States to default.
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