The White House has not settled on a plan for working with Congress to raise the federal debt limit, U.S. budget director Mick Mulvaney said on Thursday, even as the deadline loomed for the government to increase its borrowing authority. The Trump administration has urged Congress to increase the debt limit before it heads out for its August recess, but Mulvaney said officials had not decided what form the legislation should take. Source Reuters
China’s Foreign Ministry on Wednesday once again asked India to withdraw all its troops and equipment from Chinese territory, as the border standoff in the Dong Lang (Doklam) area approaches its second month. Source: People’s Daily
Top Turkish and Russian economy officials are set to discuss key economic, political, technical and trade issues at an international fair in the Aegean city of İzmir, which will start on Aug. 18 and last until Aug. 27. Source: Daily News
The Defense Ministry plans to introduce a land-based Aegis missile defense system to respond to North Korea’s missile threats and will seek funding in the next fiscal year to cover system design costs, a government source said Wednesday.
