After a brief pause, talks to increase the US debt ceiling and avert a default that could have devastating effects on the global economy resumed on Friday.
An agreement to lift the US debt ceiling is within reach, President Joe Biden and Republican leaders said after impromptu negotiations at the White House.
The U.S. debt ceiling prompted the Treasury Department to start imposing "extraordinary measures" on Thursday. The amount of money the government can borrow now stands at $31.4 trillion.