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	<title>US economy &#8211; Bitfinance</title>
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	<title>US economy &#8211; Bitfinance</title>
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		<title>IMF seeks consensus to avoid US administrative closure</title>
		<link>https://bitfinance.news/en/imf-seeks-consensus-to-avoid-us-administrative-closure/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Sat, 30 Sep 2023 14:00:31 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[government shutdown]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[US economy]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=99428</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="960" src="https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El FMI pidió esta semana que tanto republicanos como demócratas lleguen a un acuerdo lo más pronto posible" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-300x240.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-1024x819.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-768x614.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In an urgent call, the International Monetary Fund (IMF) urged Democrats and Republicans on September 28 to reach a consensus and thus avoid the closure of the US Administration. Julie Kozack, director of communications at the IMF, in a press conference, appealed to the &#8220;common sense&#8221; of both parties to reach an agreement to finance [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/imf-seeks-consensus-to-avoid-us-administrative-closure/">IMF seeks consensus to avoid US administrative closure</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="960" src="https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El FMI pidió esta semana que tanto republicanos como demócratas lleguen a un acuerdo lo más pronto posible" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu.jpg 1200w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-300x240.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-1024x819.jpg 1024w, https://bitfinance.news/wp-content/uploads/2023/09/gobierno-eeuu-768x614.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">In an urgent call, the <strong>International Monetary Fund (IMF)</strong> urged Democrats and Republicans on September 28 to reach a <strong>consensus</strong> and thus <strong>avoid the closure of the US Administration.</strong></p>
<p style="text-align: justify;">Julie Kozack, director of communications at the IMF, in a press conference, appealed to the &#8220;common sense&#8221; of both parties to reach an agreement to finance the <strong>Administration,</strong> stressing that the closure represents an &#8220;avoidable risk&#8221; for the US economy.</p>
<p style="text-align: justify;">A group of Republicans loyal to former President <strong>Donald Trump (2017-2021)</strong> is in full rebellion and is reluctant to accept a <strong>short-term solution</strong> that extends funding for federal agencies beyond September 30, the date on which funds run out. Funds available.</p>
<p style="text-align: justify;">If the public administration runs out of funds, most government agencies, museums and national parks will close their doors, while hundreds of <strong>thousands</strong> <strong>of federal employees</strong> will be temporarily left without jobs or pay, a situation that could have an impact on the economy.</p>
<p style="text-align: justify;">The Senate must vote on the proposal agreed upon by <strong>Democrats</strong> and <strong>Republicans</strong> to finance the Government until mid-November, which would avoid a shutdown starting next week.</p>
<p style="text-align: justify;">The Senate measure includes $6 billion for <strong>Ukraine</strong> and another $6 billion to fund environmental emergency response services.</p>
<p style="text-align: justify;">However, the proposal also needs the support of the Lower House, which is under conservative control and where a group of dissident Republican congressmen refuses to accept a short-term solution to fund federal agencies.</p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;">Source: <a href="https://www.bancaynegocios.com/fmi-consenso-evite-cierre-gobierno-en-eeuu/" target="_blank" rel="noopener">Bancaynegocios</a></p>
<p style="text-align: justify;"><em>(Referential image source: Andy Feliciotti, Unsplash)</em></p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em>Google News</em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em>Twitter</em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em>Instagram</em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/imf-seeks-consensus-to-avoid-us-administrative-closure/">IMF seeks consensus to avoid US administrative closure</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<item>
		<title>Cyber attack paralyzed the largest pipeline network in the US</title>
		<link>https://bitfinance.news/en/cyber-attack-paralyzed-the-largest-pipeline-network-in-the-us/</link>
		
		<dc:creator><![CDATA[Kendy Villarroel]]></dc:creator>
		<pubDate>Mon, 10 May 2021 18:45:00 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[2.5 Million Barrels of Gasoline]]></category>
		<category><![CDATA[8]]></category>
		<category><![CDATA[850 Kilometers of Pipeline]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Colonial]]></category>
		<category><![CDATA[cyber attack]]></category>
		<category><![CDATA[cybersecurity company]]></category>
		<category><![CDATA[Fuel Transportation]]></category>
		<category><![CDATA[Joe Biden]]></category>
		<category><![CDATA[Oil Product Network]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[US economy]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=62909</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1276" height="717" src="https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Colonial que abastece los grandes núcleos de población en el este y sur de la nación tuvo que paralizar 8.850 kilómetros de oleoductos" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance-.jpg 1276w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--1024x575.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--768x432.jpg 768w" sizes="(max-width: 1276px) 100vw, 1276px" /></div><p>Colonial, which is the largest pipeline network in the United States (USA), was forced to suspend its operations due to a cyberattack, both those responsible and the severity of this attack are still unknown, the company said in a statement. The corporation had to stop its operations in the 8,850 kilometers of oil pipelines that [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cyber-attack-paralyzed-the-largest-pipeline-network-in-the-us/">Cyber attack paralyzed the largest pipeline network in the US</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1276" height="717" src="https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Colonial que abastece los grandes núcleos de población en el este y sur de la nación tuvo que paralizar 8.850 kilómetros de oleoductos" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance-.jpg 1276w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--1024x575.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/05/Bditfinance--768x432.jpg 768w" sizes="(max-width: 1276px) 100vw, 1276px" /></div><p style="text-align: justify;"><strong>Colonial</strong>, which is the largest pipeline network in the United States (USA), was forced to suspend its operations due to a <strong>cyberattack</strong>, both those responsible and the severity of this attack are still unknown, the company said in a statement.</p>
<p style="text-align: justify;">The corporation had to stop its operations in the <strong>8,850 kilometers of oil pipelines</strong> that it manages and are essential to supply the large population centers in the east and south of the nation. The firm transports up to <strong>2.5 million barrels of gasoline</strong>, diesel and jet fuel per day from refineries in the Gulf of Mexico to large cities in southern and eastern North America.</p>
<p style="text-align: justify;">As he explained on his website, the work being carried out is quite important for the east coast of the US, since they are responsible for <strong>45% of the transportation of fuels</strong> on that surface or territory.</p>
<p style="text-align: justify;">The company also detailed that, when the cyber attack was detected, they contacted a <strong>cybersecurity company</strong>, which is investigating what happened, and alerted the federal government security forces.</p>
<p style="text-align: justify;">The corporation did not offer further details on how long the pipelines it manages will be closed or stopped.In Washington security circles, they are concerned that enemies, such as <strong>China and Russia</strong>, may use cyberattacks against basic infrastructures for the operation of the country, such as the electricity grid or pipelines. <strong>Joe Biden</strong>, US president, plans to sign an executive order in the near future with the aim of increasing cybersecurity in critical infrastructures for the <strong>US economy.</strong></p>
<p style="text-align: justify;">Source: <a href="https://doblellave.com/ciberataque-paralizo-la-mayor-red-de-oleoductos-en-ee-uu/" target="_blank" rel="noopener">Doblellave</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cyber-attack-paralyzed-the-largest-pipeline-network-in-the-us/">Cyber attack paralyzed the largest pipeline network in the US</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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