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Al-Saadi: There were concerns that Lahham would be placed under administrative detention.
Al-Saadi: The Israeli occupation authorities could not prove any allegations leveled against Nasser Lahham.
Lawyer Oussama al-Saadi: The oppressive Israeli measures of delaying Lahham's release had vengeful motives.
Nasser Lahham's lawyer said the journalist was released without any conditions or restrictions, adding that the conditions in which he was kept were terrible.
The Israeli occupation authorities release Al Mayadeen Palestine bureau chief Nasser al-Lahham.
Local Syrian sources: An Israeli airstrike targeted a tank and artillery battalion in the city of Izraa in the Daraa countryside
Al Mayadeen's correspondent in eastern Lebanon: 12 martyrs and 5 wounded in Israeli raids targeting the outskirts of Wadi Fa'ra in the northern Bekaa Valley
Local Syrian sources: More than 10 Israeli raids targeted Sweida, with information about more than five casualties from the Internal Security Forces
Local Syrian sources: Initial reports indicate that approximately 15 people were killed or wounded at the al-Radwan family's guest house in Sweida following a direct exchange of gunfire
Israeli media, citing Israeli political sources, reported that the Shas movement is expected to withdraw from the government within less than 24 hours

US Treasury Secretary Warns of Global Debt Crisis

  • By Al Mayadeen
  • Source: CNBC
  • 10 Sep 2021 14:09
2 Min Read

US debt to reach breaking point next month according to US Treasury Secretary.

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  • The US Treasury Secretary Warns of the Impact of Debt on Global Economy
    US Treasury Secretary Janet Yellen

The US Treasury Secretary urged Congress to act quickly to raise the debt ceiling, saying that in the meantime, uncertainty may hurt the global economy.

According to Politico, the US Treasury Secretary warned congressional leaders yesterday that she expects the US debt to peak next month, which will deal a potential blow to the global economy without the possibility of quick action.

Addressing a letter to bipartisan lawmakers in Congress, Janet Yellen divulged that recent calculations from the Biden administration indicate that the US will run out of cash during the month of October.

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“We have learned from past debt limit impasses,” the secretary wrote, “that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States.”

Yellen cautioned that a delay is likely to create irreversible harm to the US economy alluding to the 2011 debt limit crisis, which downgraded the country's credit rating for the first time in US history. 

House Speaker Nancy Pelosi reiterated yesterday that Democrats will continue to vote bipartisan to waive the debt limit, rather than use the reconciliation process to bypass the need for Republican support in the Senate.

Senior Democrats are considering whether to link work on the debt limit to any temporary spending law they put in place this month to keep the government funded when the new fiscal year begins on October 1. 

Dozens of Republican senators have threatened to vote against any debt-reduction remedy, claiming that Democrats spent trillions of dollars this year without GOP interference, and can continue on their partisan path to solving the debt issue.

  • Republican Party
  • USA
  • Democratic Party
  • Nancy Pelosi
  • US Treasury
  • Joe Biden

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