FT News Briefing McCarthy avoids US government shutdown
Oct 2, 2023
U.S. lawmakers managed to dodge a government shutdown with a last-minute funding deal, showcasing the complexities of bipartisan politics. In Europe, Slovakia's election results are stirring tension within the EU regarding support for Ukraine. Brazil asserts that its push for oil exploration doesn't conflict with its green goals, raising eyebrows on environmental priorities. Meanwhile, the UK faces labor market challenges, notably in construction and retail sectors, amidst competitive economic shifts.
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US Government Shutdown Averted
- The US government narrowly avoided a shutdown with a last-minute deal.
- This temporary funding measure only lasts 45 days.
Republican Rebellion
- 90 House Republicans rebelled against Speaker McCarthy's compromise, highlighting deep divisions.
- Rep. Matt Gaetz, a prominent rebel, plans a vote of no confidence against McCarthy.
Slovakia Election
- Robert Fico's election win in Slovakia presents a challenge to EU unity on supporting Ukraine.
- His anti-Ukraine stance, including opposing sanctions on Russia, raises concerns.