Tag: Default
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Russia Monitoring US Economy Amid Possible Default, Says Official – Economics Bitcoin News
[ad_1] Russia is intently monitoring the U.S. economic system amid discussions of the U.S. authorities defaulting on its debt obligations. Treasury Secretary Janet Yellen stated the Treasury can be unable to pay the federal government’s payments if Congress doesn’t act by June 1. Russia Monitoring US Economic system in Case of Debt Default Russia is…
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Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1 – Economics Bitcoin News
[ad_1] U.S. Treasury Secretary Janet Yellen has warned that the Treasury won’t be able to pay all the authorities’s debt “as early as June 1, if Congress doesn’t increase or droop the debt restrict earlier than that point.” Yellen additionally cautioned that the U.S. defaulting on its debt obligations “would produce an financial and monetary…
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Treasury Secretary: U.S. could default as early as June 1
[ad_1] Treasury Secretary: U.S. might default as early as June 1 – CBS Information Watch CBS News Treasury Secretary Janet Yellen says the U.S. could run out of cash to pay its bills as soon as next month. In a letter sent to lawmakers Monday, Yellen said, “we will be unable to continue to satisfy…
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U.S. could default on its debt by June 1, Janet Yellen warns : NPR
[ad_1] Treasury Secretary Janet Yellen, seen right here on April 13, warned on Monday that the federal authorities might default on its debt as early as June 1 except Congress raises or suspends the debt ceiling. Stefani Reynolds/AFP by way of Getty Photos cover caption toggle caption Stefani Reynolds/AFP by way of Getty Photos Treasury…
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Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
[ad_1] WASHINGTON — China, underneath rising strain from high worldwide policymakers, appeared to point this week that it is able to make concessions that might unlock a worldwide effort to restructure a whole lot of billions of {dollars} of debt owed by poor international locations. China has lent greater than $500 billion to creating international…