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debt limit

Update news debt limit

U.S. failure to raise debt ceiling could have serious global consequences: OECD chief
Vietnamnet global

U.S. failure to raise debt ceiling could have serious global consequences: OECD chief

 Failure to raise the U.S. debt ceiling could have harsh economic consequences worldwide, Angel Gurra, secretary general of the Organization for Economic Cooperation and Development (OECD), warned Thursday.

Obama warns Republicans against debt showdown
Vietnamnet global

Obama warns Republicans against debt showdown

 President Barack Obama warned Republicans against using the debt ceiling as a "bargaining chip," saying a failure to raise it would sow financial chaos and send markets into a tailspin.