WASHINGTON: Faced with the looming prospect of a debt default, President Barack Obama today appealed to Congress to pass the budget while pushing Republicans to agree to hike the borrowing limit to prevent an "economic shutdown".
Showing posts with label government debt ceiling. Show all posts
Showing posts with label government debt ceiling. Show all posts
Sunday, October 13, 2013
Friday, October 4, 2013
Investors bet on a U.S. default
Want to bet against the "full faith and credit" of the United States government?
Friday, January 4, 2013
US fiscal deal could spell trouble for Asia's investment winners
HONG KONG: A resolution to the US fiscal cliff crisis, messy and protracted as it was, provided an immediate boost for financial markets but longer term could spell trouble for some Asian assets that are coming off a stellar 2012.
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