Business
US House approves short-term debt limit hike to avert default

The US House of Representatives has approved a bill to increase the nation’s borrowing limit in the short term to avert a looming debt default, sending it to President Joe Biden’s desk for his signature.
The House on Tuesday voted 219-206 along party lines to adopt a procedural rule, which automatically deemed the short-term debt limit extension that the Senate approved last week as passed, Xinhua news agency reported.
The temporary measure would raise the federal government’s debt limit by $480 billion, which would allow the US Treasury Department to meet obligations through December 3.
US Treasury Secretary Janet Yellen had repeatedly warned that the US could default on its debt if Congress fails to raise or suspend the debt limit before October 18.
Another stopgap measure to fund the federal government also expires on December 3, meaning Democrats and Republicans will have to reach a deal by early December to avoid the twin threats of a shutdown and a default.
However, Senate Republican Leader Mitch McConnell has warned that Republicans won’t support another short-term increase of the debt limit.
“I write to inform you that I will not provide such assistance again if your all-Democrat government drifts into another avoidable crisis,” McConnell wrote in a letter to Biden last Friday.
The White House on Tuesday said that it would work with House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer to discuss the path forward for raising the debt limit.
“There’s no question that we don’t want it to be a political football anymore in the future,” White House Press Secretary Jen Psaki told a press briefing.
As part of a bipartisan budget deal enacted in August 2019, Congress suspended the debt limit through July 31. After the debt limit was reinstated on August 1, the US Treasury Department began using “extraordinary measures” to continue to finance the government on a temporary basis.
Business
Entrepreneur Mohammed Junaid Shares How Hard Work And Positivity Helped Him Be On The Top

While it’s easy to get lost in the dream of success, the reality is that success does not come overnight. It requires hard work, dedication and commitment to achieve something meaningful. We know very well that success is not achieved overnight and that sustained effort is needed to make progress towards our goals. The challenge is to stay focused on those goals and keep going even when it gets tough. Only then can we hope to one day realize our dreams of success. But Mohammed Junaid is also one of them who never gave up, Mohammed Junaid was born in 1988 in the small town of Kerala, India. Along with studies, Junaid also fulfilled his dreams and after hard work he has become an entrepreneur of India.
Mohammed Junaid C is an Indian entrepreneur who has taken the business world by storm with his unique approach to entrepreneurship. He started his business journey at a young age and is now one of the most successful entrepreneurs in India. His success story serves as an inspiration for many budding entrepreneurs who are looking to make their mark in this competitive world. With his hard work, dedication and innovative ideas, he has been able to create a successful business empire that continues to grow and prosper
His message to the people is that, I believe that success is not merely achieved through profit and growth, but also by empowering and inspiring others to pursue their dreams. Paulo Coelho once said, ‘The secret of life is to fall seven times and to get up eight.’ This quote resonates deeply with me, as it encapsulates the essence of perseverance and resilience.I believe strongly that communication is the key to build strong relationships and fostering mutual understanding. In my journey as a successful entrepreneur, I have witnessed the transformative power of collaboration and open dialogue. Therefore, I encourage each and every one of you to embrace the spirit of entrepreneurship and strive for excellence in your endeavors. I encourage each individual to embrace their dreams fearlessly, regardless of the challenges they may face. Let us remember that setbacks are not roadblocks but stepping stones towards personal and professional growth. Success is not just measured by personal achievements, but also by the positive impact we create in our communities. Together, let us work towards a future where innovation, integrity, and inclusivity define the business landscape.
Junaid said that strength is not just measured in terms of physical power or courage, but also in terms of mental and emotional resilience. This means that it is not enough to simply have the courage to face difficult situations – one must also have the strength to persevere and keep going when things get tough. Strength can be found in many different forms, including mental fortitude, emotional intelligence, and the ability to persevere. Through my personal experiences I have learned that I possess great strength which has been tested through various trials and tribulations. My strength lies in my ability to stay focused on the task at hand despite any adversity I may face. I am able to remain calm in stressful situations, assess problems logically, make sound decisions even when emotions are running high, and remain determined no matter what challenges come my way.
International
World’s slowest student completes his ‘Graduation’ after 54 years

Arthur Ross finally completed his Bachelor of Arts degree from the University of British Columbia (UBC) on Thursday, May 25 after more than five decades after he started his university degree. Mr Ross, 71, is now the new record holder for the longest time to complete a university degree after taking 54 years to graduate.
“The headline on your story should be ‘UBC finally graduates its slowest student,'” the now 71-year-old retiree told UBC with an easy laugh.
Mr Ross enrolled in UBC in 1969. In an interview with BBC, Mr Ross said, “I just wanted to learn because I was curious. That desire for learning, he said, is what inspired him to finish his degree after all these years.
According to a UBC press release, Mr Ross’s initial plan was to get a degree in English, but by his second year, Mr Ross’s passion for the theatre had fully taken over and he was spending as much time as possible in the theatre department, doing shows and taking courses to pursue his nascent goal of becoming an actor.
“I was besotted with theatre at the time. It was alive then, with a sense of vitality and newness. It seemed just electric to me,” Ross remembers. In the department, Ross would cross paths with renowned Canadian actors such as Nicola Cavendish, Larry Lillo, Brent Carver and Ruth Nichol, inspiring him further to pursue theatre.
Two years into his degree at UBC and with stars in his eyes, Ross left to complete a three-year program at the National Theatre School of Canada in Montreal. But the practical reality of the actor’s life and his assessment of his own proficiency brought him to a painful conclusion.
“I liked it too much. It wasn’t going to be healthy for me. I knew I was a good actor but I always thought you had to be great.”
So he did what any aspiring actor who recognizes they may be outclassed would do in 1975. Ross took his three years of academic work at UBC and went to law school in Toronto, graduated and spent 35 years as a civil litigator in Metro Vancouver before retiring in 2016.
In November 2016, he called UBC, got a new student number, and by January of 2017 he was a part-time student focusing on history, with a particular interest in the First World War.
“I simply could not grasp why so many people would be prepared to participate in this butchery,” he explains. “However, the great revelation of pursuing a history degree was not in answering that initial question, but in looking at the sordid nature of Canadian history.”
“I’m appreciative of the students accepting that old guy tuning in from outer space,” he told UBC.
International
PM Modi congratulates Erdogan on re-election as Turkish president

Prime Minister Narendra Modi on Monday congratulated Recep Tayyip Erdogan on securing a fresh five-year term as President
In a tweet, Modi on Monday said, “Congratulations @RTErdogan on re-election as the President of Turkiye! I am confident that our bilateral ties and cooperation on global issues will continue to grow in the coming times.”
In Sunday’s presidential runoff election, Erdogan secured a historic third term after defeating opposition leader Kemal Kilicdaroglu.
With 99.43 per cent of the votes counted, preliminary official results announced by Turkey’s Supreme Election Council (YSK) showed Erdogan winning with 52.14 per cent of the ballots, while Kilicdaroglu received 47.86 per cent.
In the first round of the presidential election on May 14, Erdogan earned 49.52 per cent of the vote while Kilicdaroglu received 44.88 per cent.
Neither secured more than 50 per cent of the votes needed to call a winner in the first round, therefore an election runoff was held for the first time for the presidency.
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