Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

Live Updates  >  Live Update Details

2025-11-12 09:08:18

[Hot News Recap: US Congress Rushes to Vote, Longest Government Shutdown in History Poised to End] 1. After a 53-day recess, US House members overcame airport chaos caused by the government shutdown on Tuesday, returning to Washington to prepare for a crucial vote on ending the historic 42-day government shutdown that began on October 1st. This shutdown is the longest in US history. 2. Transportation disruptions posed challenges for the members' return journey, with nearly 1,200 flights canceled on Tuesday. Representatives like Arkansas Republican Rick Crawford and Mississippi Republican Trent Kelly opted to drive to the Capitol, while Wisconsin Representative Derrick Van Orden decided to complete the 16-hour motorcycle journey, stating on social media, "It'll be a bit cold, but I'll do my duty." 3. The Republican-controlled House of Representatives is expected to vote on a bipartisan compromise on Wednesday afternoon (early Thursday morning Beijing time) aimed at restoring government funding to agencies. The Republican-controlled Senate passed the agreement Monday night, and House Speaker Johnson expressed optimism about its passage in the House. President Trump also voiced his support at a Veterans Day event, saying, "We're reopening, we shouldn't be shutting down." 4. This temporary funding agreement extends government funding until January 30th of next year. While it raises the risk of a potential shutdown and means the federal government's annual deficit of approximately $1.8 trillion will continue to push up the already total debt of $38 trillion, once passed, the US government will fully resume operations within days, providing relief to federal employees owed wages and low-income families relying on food assistance. However, the air transport system is expected to take several more days to return to normal. 5. The agreement has caused divisions within the Democratic Party, with the core controversy being the failure to include an extension for Medicaid for 24 million Americans; although Senate Republicans agreed to a separate vote on this in December, the outcome remains uncertain. Furthermore, the agreement ensures that the Non-Food Assistance Program (SNAP) continues until September 2026. Polls show that more Americans blame Republicans for the shutdown.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4675.99

-82.11

(-1.73%)

XAG

72.949

-2.120

(-2.82%)

CONC

112.06

11.94

(11.93%)

OILC

109.02

8.71

(8.68%)

USD

100.041

0.031

(0.03%)

EURUSD

1.1534

-0.0005

(-0.04%)

GBPUSD

1.3226

0.0001

(0.01%)

USDCNH

6.8844

-0.0040

(-0.06%)

Hot News