Record-breaking US shutdown ends as political fallout begins

Record-breaking US shutdown ends as political fallout begins
Johnson and his Republicans had almost no room for error as their majority is down to two votes. (AFP)
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Updated 1 min 14 sec ago

Record-breaking US shutdown ends as political fallout begins

Record-breaking US shutdown ends as political fallout begins

WASHINGTON : Congress on Wednesday ended the longest government shutdown in US history — 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Donald Trump’s Republicans and Democrats played a high-stakes blame game.
The Republican-led House of Representatives voted largely along party lines to approve a Senate-passed package that will reopen federal departments and agencies, as many Democrats fume over what they see as a capitulation by party leaders.
“They knew that it would cause pain, and they did it anyway,” House Speaker Mike Johnson said in a withering floor speech before the vote, pointing the finger for the standoff at the minority party.
“The whole exercise was pointless. It was wrong and it was cruel.”
The package — which Trump is scheduled to sign later Wednesday evening — funds military construction, veterans’ affairs, the Department of Agriculture and Congress itself through next fall, and the rest of government through the end of January.
Around 670,000 furloughed civil servants will report back to work, and a similar number who were kept at their posts with no compensation — including more than 60,000 air traffic controllers and airport security staff — will get back pay.
The deal also restores federal workers fired by Trump during the shutdown, while air travel that has been disrupted across the country will gradually return to normal.
The White House said the president planned to sign the bill in an Oval Office ceremony at 9:45 p.m. .
Trump himself had little to say on the vote, although he took to social media to falsely accuse Democrats of having “cost our Country $1.5 Trillion... with their recent antics of viciously closing our Country.”
The full financial toll of the shutdown has yet to be determined, although the Congressional Budget Office estimates that it has caused $14 billion in lost growth.

Johnson and his Republicans had almost no room for error as their majority is down to two votes.
Democratic leadership — furious over what they see as their Senate colleagues folding — had urged members to vote no and all but a handful held the line.
Although polling showed the public mostly on Democrats’ side throughout the standoff, Republicans are widely seen as having done better from its conclusion.
For more than five weeks, Democrats held firm on refusing to reopen the government unless Trump agreed to extend pandemic-era tax credits that made health insurance affordable for millions of Americans.
Election victories in multiple states last week gave Democrats further encouragement and a reinvigorated sense of purpose.
But a group of eight Senate moderates broke ranks to cut a deal with Republicans that offers a vote in the upper chamber on health care subsidies — but no floor time in the House and no guarantee of action.
Democrats are now deep in a painful reckoning over how their tough stance crumbled without any notable win.
Democratic leadership is arguing that — while their health care demands went largely unheard — they were able to shine the spotlight on an issue they hope will power them to victory in the 2026 midterm elections.
“Over the last several weeks, we have elevated successfully the issue of the Republican health care crisis, and we’re not backing away from it,” House Minority Leader Hakeem Jeffries told MSNBC.
But his Senate counterpart Chuck Schumer is facing a backlash from the fractious progressive base for failing to keep his members unified, with a handful of House Democrats calling for his head.
Outside Washington, some of the party’s hottest prospects for the 2028 presidential nomination added their own voices to the chorus of opprobrium.
California Governor Gavin Newsom called the agreement “pathetic,” while his Illinois counterpart JB Pritzker said it amounted to an “empty promise.” Former transportation secretary Pete Buttigieg called it a “bad deal.”


Most emerging nations can realign trade to weather US tariffs, report finds

Most emerging nations can realign trade to weather US tariffs, report finds
Updated 13 November 2025

Most emerging nations can realign trade to weather US tariffs, report finds

Most emerging nations can realign trade to weather US tariffs, report finds
  • The firm analyzed the resilience of 20 of the biggest emerging markets using measures from debt levels to export-revenue reliance to gauge their ability to handle trade volatility and rapidly shifting geopolitical alliances

LONDON: Most big emerging economies, including China, Brazil and India, can weather US tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising doubt about the clout of President Donald Trump’s trade tools.
The firm analyzed the resilience of 20 of the biggest emerging markets using measures from debt levels to export-revenue reliance to gauge their ability to handle trade volatility and rapidly shifting geopolitical alliances.
“Most manufacturing hubs globally are in a better position in their current baseline than you would think or give them credit for to weather this tariff storm specifically coming out of the US, even if it comes to full capacity,” said Reema Bhattacharya, head of Asia research who co-authored the report.
Mexico and Vietnam are among the most exposed to US trade dependence, the paper showed, but progressive economic policies, improving infrastructure and political stability meant they were among the more resilient economies.
Brazil and South Africa, it said, are effectively building links with other trade partners that could shield them in coming years.
“Almost every emerging market or global market understands that we need to do business with the US and China, but we can’t over-rely on either. So we need a third market,” Bhattacharya said, adding that trade between members of the BRICS group of developing nations was rising.
The Maplecroft paper did not examine BRICS member Russia.
China, though particularly exposed to geopolitical tensions with the United States, “is so entrenched it’s actually almost impossible to replicate it elsewhere,” she added, citing Beijing’s diversified export base and its human capital.
A manufacturing juggernaut, China is in the crosshairs of Trump’s efforts to reshape global trade policy. Data out earlier this week showed that in October, China exports suffered their worst downturn since February, shortly after Trump returned to the White House.
Bhattacharya also pointed to China’s years-long effort to expand use of the renminbi in trade settlements as “a pragmatic push for economic resilience and geopolitical risk diversification.”
Brazil, Argentina and Chile have signed local-currency settlement arrangements with China’s central bank, while Chinese state-owned enterprises and investors are financing lithium and copper projects in Chile, Bolivia and Peru.