The China Mail - US government shutdown seen dragging into next week

USD -
AED 3.672501
AFN 64.498808
ALL 81.039781
AMD 377.510312
ANG 1.79008
AOA 916.999994
ARS 1404.499139
AUD 1.404494
AWG 1.8
AZN 1.687314
BAM 1.642722
BBD 2.014547
BDT 122.351617
BGN 1.67937
BHD 0.377025
BIF 2955
BMD 1
BND 1.262741
BOB 6.911728
BRL 5.200898
BSD 1.000176
BTN 90.647035
BWP 13.104482
BYN 2.868926
BYR 19600
BZD 2.011608
CAD 1.35844
CDF 2225.000269
CHF 0.771425
CLF 0.021644
CLP 854.639905
CNY 6.91325
CNH 6.90663
COP 3671.28
CRC 494.712705
CUC 1
CUP 26.5
CVE 92.897402
CZK 20.43085
DJF 177.71998
DKK 6.2955
DOP 62.625003
DZD 129.582328
EGP 46.776799
ERN 15
ETB 155.050186
EUR 0.84264
FJD 2.18635
FKP 0.731875
GBP 0.73435
GEL 2.69028
GGP 0.731875
GHS 11.005005
GIP 0.731875
GMD 73.501046
GNF 8779.999882
GTQ 7.671019
GYD 209.257595
HKD 7.81621
HNL 26.505002
HRK 6.344696
HTG 131.086819
HUF 319.663499
IDR 16800.45
ILS 3.077095
IMP 0.731875
INR 90.73605
IQD 1310.5
IRR 42125.000158
ISK 122.359394
JEP 0.731875
JMD 156.494496
JOD 0.709003
JPY 153.421964
KES 128.999894
KGS 87.450398
KHR 4029.999687
KMF 414.999797
KPW 899.999067
KRW 1449.960032
KWD 0.30697
KYD 0.83354
KZT 493.505294
LAK 21445.000286
LBP 89733.661066
LKR 309.394121
LRD 186.550374
LSL 15.860192
LTL 2.95274
LVL 0.60489
LYD 6.288836
MAD 9.13875
MDL 16.898415
MGA 4430.000238
MKD 51.915295
MMK 2099.913606
MNT 3568.190929
MOP 8.053234
MRU 39.905058
MUR 45.679983
MVR 15.4599
MWK 1736.505582
MXN 17.206096
MYR 3.915502
MZN 63.8841
NAD 15.960196
NGN 1351.579862
NIO 36.714983
NOK 9.49152
NPR 145.034815
NZD 1.654135
OMR 0.384495
PAB 1.000181
PEN 3.354986
PGK 4.183501
PHP 58.284977
PKR 279.587483
PLN 3.552305
PYG 6605.156289
QAR 3.64125
RON 4.289598
RSD 98.889046
RUB 77.10069
RWF 1452.5
SAR 3.750395
SBD 8.048395
SCR 13.767722
SDG 601.502932
SEK 8.901904
SGD 1.262605
SHP 0.750259
SLE 24.249903
SLL 20969.499267
SOS 571.510487
SRD 37.77701
STD 20697.981008
STN 20.95
SVC 8.752
SYP 11059.574895
SZL 15.85973
THB 31.110186
TJS 9.391982
TMT 3.5
TND 2.83525
TOP 2.40776
TRY 43.637199
TTD 6.783192
TWD 31.350903
TZS 2590.154015
UAH 43.034895
UGX 3536.076803
UYU 38.350895
UZS 12300.000058
VES 388.253525
VND 26000
VUV 119.366255
WST 2.707053
XAF 550.953523
XAG 0.012153
XAU 0.000198
XCD 2.70255
XCG 1.802643
XDR 0.685659
XOF 549.506089
XPF 100.749968
YER 238.406014
ZAR 15.880545
ZMK 9001.202368
ZMW 19.029301
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCC

    -0.3200

    89.41

    -0.36%

  • JRI

    0.3500

    13.13

    +2.67%

  • GSK

    -0.3300

    58.49

    -0.56%

  • CMSC

    0.0084

    23.7

    +0.04%

  • NGG

    1.8800

    90.64

    +2.07%

  • AZN

    11.3600

    204.76

    +5.55%

  • BCE

    -0.1800

    25.65

    -0.7%

  • RELX

    -1.5600

    27.73

    -5.63%

  • RYCEF

    -0.4800

    16.93

    -2.84%

  • RIO

    2.2800

    99.52

    +2.29%

  • CMSD

    -0.0100

    24.07

    -0.04%

  • VOD

    0.4300

    15.68

    +2.74%

  • BP

    1.5800

    38.55

    +4.1%

  • BTI

    0.1400

    60.33

    +0.23%

US government shutdown seen dragging into next week
US government shutdown seen dragging into next week / Photo: © AFP/File

US government shutdown seen dragging into next week

The US government shutdown appeared likely to stretch into next week as senators prepared Friday to vote for a fourth time on a funding fix proposed by Donald Trump's Republicans that has little hope of success.

Text size:

Federal agencies have been out of money since Wednesday -- with a wide range of public services crippled -- as a result of deadlocked talks in Congress on how to keep the lights on.

Senate leaders currently have no plans to keep the upper chamber of Congress in session over the weekend.

That means an afternoon vote on a short-term fix that has already been repeatedly rejected will be the last chance of the week for an off-ramp in a crisis that many analysts fear could drag on.

Ahead of the action in the Senate, the Trump administration suspended the publication of a key employment report, casting a fog over the health of the world's biggest economy.

It was the latest in a series of delayed economic releases this week that have deprived government officials and business leaders of indicators used in decision-making.

At the center of the standoff in Congress is a Democratic demand for an extension of health care subsidies that are due to expire -- meaning sharply increased costs for millions of low-income Americans.

Republicans -- who control the legislature and the White House but need Democratic votes on government funding bills -- have announced no plans to address the issue.

Democrats are trying to force their hand by refusing to help ruling Republicans fund the government.

Amid widespread pessimism over the possibility of a quick solution, Republicans voiced hopes that a fourth failed vote might push some moderates in the opposition to cross the aisle.

And Politico quoted Republican Senate leader John Thune leaving the door open to crisis talks with his Democratic counterpart Chuck Schumer to seek a compromise.

- 'Tremendous' pressure -

"Chuck Schumer is under a tremendous amount of pressure from far-left activists in his party to pick a fight with President Trump," Thune posted on social media.

"Three of my Democratic colleagues have joined us and voted to keep the government open. All we need is a few more to end this."

Senate Democrats are expected to hammer out strategy for week two of the shutdown at their caucus lunch just ahead of the vote, while House Republicans have scheduled a call with all members on Saturday.

Some 750,000 employees are likely to be put on furlough -- a kind of enforced leave with backpay after the shutdown -- across a wide range of agencies as the funding crisis spills into a new week.

Overshadowing efforts to strike a deal is the threat from Trump to turn thousands of those furloughs into permanent redundancies, strip funding and slash benefits as he ramps up pressure on the Democrats.

With an announcement on layoffs expected any day, Trump's budget chief Russ Vought is planning to brief Republican senators at their weekly lunch next Wednesday.

The House of Representatives has been on recess all week and Republican Speaker Mike Johnson has been meeting with the president ahead of its return to discuss plans for mass layoffs, Politico reported.

Democrats have so far been winning the messaging war, with most polls showing them getting less blame than Republicans over the gridlock in Congress.

House Minority Leader Hakeem Jeffries told a news conference Thursday that the public turning against Trump would force Republicans to the negotiating table over their health care demands.

"The American people are paying close attention, and they know that it was Donald Trump and Republicans who have shut the government down," he said.

B.Chan--ThChM