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CATEGORY: us defaulting on debt


May 18, 2023 05:55

146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’

Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned of “potentially disastrous consequences” if the [...]

The post 146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’ appeared first on Crypto Breaking News.

May 13, 2023 05:50

IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations

The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve the matter as quickly as [...]

The post IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations appeared first on Crypto Breaking News.

May 03, 2023 05:50

Russia Monitoring US Economy Amid Possible Default, Says Official

Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury Secretary Janet Yellen said the Treasury will be unable to pay the government’s bills if Congress does not act by June 1. Russia Monitoring US Economy in Case of Debt Default Russia is closely monitoring the [...]

The post Russia Monitoring US Economy Amid Possible Default, Says Official appeared first on Crypto Breaking News.

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