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Social Security, healthcare, veterans likely casualties of US debt default
Social Security, healthcare, veterans likely casualties of US debt default
by  AFP

The White House and Congressional Republicans are still locked in crunch talks to try and avert the first debt default in US history, which Treasury officials have warned could come as soon as June 1. The nonpartisan Congressional Budget Office estimated recently that around $25 billion in payments to military personnel, civil servants and others are due on June 1.

Taiwan's Quanta Computer confirms new investment in Mexico
Taiwan's Quanta Computer confirms new investment in Mexico
by  AFP

Taiwan's Quanta Computer confirmed it had "investment plans" in Mexico on Wednesday after the governor of Nuevo Leon announced the company would pump an additional $1 billion into his state. Quanta's statement comes a day after the governor of the northern Mexican state of Nuevo Leon announced an investment of "$1 billion more" from the company after a successful pilot project.

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