A default would likely have catastrophic consequences. (File) Washington: US President Joe Biden and Republican leader…
Tag: US debt crisis
How the US debt ceiling will impact the stock market
You can be forgiven for thinking that the so-called ‘ceiling’ of the US government debt is…
Joe Biden cancels trip to Australia, Papua New Guinea due to US debt crisis
Washington: President Joe Biden said Tuesday he is cutting short his upcoming trip to the Indo-Pacific,…
Australia cancels Quad meeting in Sydney after Biden pulls out due to US debt crisis
New Delhi: Shortly after Joe Biden postponed his trip to Australia because of debt ceiling talks…
Top US official warns it may run out of cash to pay its bills by June 1
The world is heading towards a big economic crisis as the United States of America is…