The White House has dialed back President Donald Trump’s claim that federal employees were already being laid off due to the ongoing government shutdown but warned that job losses could happen if the stalemate continues. The shutdown entered its seventh day as the Republican-led Senate once again failed to pass competing funding bills, one proposed by Republicans to fund operations through November 21 and another by Democrats including healthcare subsidies for 24 million Americans under the Affordable Care Act.
While President Trump said he was open to negotiating on healthcare subsidies—a key Democratic demand—talks appeared stalled. Trump insisted discussions were ongoing, but Senate Democratic Leader Chuck Schumer disputed that, saying no negotiations were happening. Meanwhile, the House of Representatives remained out of session, with Speaker Mike Johnson stating there were no plans to reconvene until funding was approved.
The budget deadlock has frozen about $1.7 trillion in federal spending, roughly a quarter of the annual budget, and threatens to delay pay for 1.3 million military personnel if unresolved by next week. Although Trump claimed layoffs had already begun, Press Secretary Karoline Leavitt clarified he was referring to furloughed employees, not permanent dismissals. Federal worker unions have filed lawsuits to prevent potential layoffs, arguing they would be illegal.
The administration has also frozen $28 billion in infrastructure funds for Democratic-led states, escalating tensions. As essential workers like border guards and air traffic controllers continue without pay, sick calls have risen, raising concerns about travel disruptions. The shutdown, now the fourth-longest in U.S. history, could worsen if Congress fails to compromise soon. Republicans hold a narrow Senate majority but still need Democratic support to pass any measure, leaving uncertainty over when government operations will resume.


IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength
Ukraine, EU Sign Landmark Drone Deal to Boost Defense Production
Venezuela Appoints Felix Plasencia to Lead Foreign Relations and Trade
Israel-Lebanon Talks Resume in Rome as Ceasefire and Troop Withdrawal Remain Elusive
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets
Trump Tells Congress Iran Hostilities Restarted, Citing New 60-Day War Powers Window
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation
Russia Launches Missile and Drone Attacks on Kyiv, Zaporizhzhia, and Kharkiv
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks
Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure
NY Times Challenges Trump Administration Subpoenas Over Air Force One Report
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations
Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak
Goldman Sees Foreign Investors Driving India Stock Market Recovery
US Military Launches New Strikes on Iran, Targets Threats to Strait of Hormuz Shipping 



