Source: United States & Canada – South China Morning PostThe US Senate approved legislation on Tuesday to lift the nation’s debt limit by US$2.5 trillion under a deal struck between party leaders, defusing a volatile issue until after next year’s midterm elections while saddling majority Democrats with a tough vote.The 50-49 party line vote came just one day shy of a deadline set by Treasury Secretary Janet Yellen, who warned last month that she was running out of manoeuvring room to avoid the nation’s first-ever default.The measure now moves to the…Read More