US Debt Ceiling Talks

How US Debt Default Would Affect Global Economy, Financial Markets

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[ad_1] Democrats and Republicans in the US are sharply divided over the country’s borrowing limits. (File) Washington, United States: President Joe Biden and Republicans in Congress have resumed crunch talks aimed at averting a damaging US debt default, which Treasury officials recently warned could come as early as June 1. Biden has maintained that default … Read more

US Debt Ceiling Talks Halted Over ”Serious Differences” As Default Deadline Inches Closer

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[ad_1] US Speaker of the House Kevin McCarthy talks to reporters at the US Capitol Crucial talks between US House of Representatives Republicans and President Joe Biden’s administration about raising the debt ceiling briefly resumed on Friday before concluding with no progress, Guardian reported. As per the report, negotiations came to an abrupt standstill earlier in … Read more