VENTURE CAPITAL POST

Congress narrowly averted a partial shutdown of the U.S. domestic security agency late on Friday night, but the forces behind the chaotic episode remain - fractious Republicans and House Speaker John Boehner's lack of control over them.

Investbank, Smolenksy and Project Finance Bank had been stripped off of their operating licenses due to dubious activity and payment issues with creditors and depositors, the Russian central bank said in separate statements on Friday.

The highest cost is the back pay for the furloughed employees according the US government data.

Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.

Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.

With Congress working feverishly, the current budget impasse and the debt ceiling may become an economic superstorm.

Discussions between US President Barack Obama and House Speaker John Boehner to finish the budget gridlock besetting the US government.

A default would bring catastrophic results to the world economy.

Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.

History showed greater economic performance after a shutdown, but there are many issues after that which need action from government.

Stock market indices rose and long term instruments fell as the market responded to the first government shutdown in 17 years.

The recent NASDAQ shutdown showed to all the vulnerabilities of the US Stock Market.

Walter Energy set to sell assets and cut budget for 2013.