The US Treasury will reach its debt limit in mid-October, Dow Jones reported on Monday, a development that would mean the United States would not be able to pay all its bills soon after that time, barring congressional action. A congressional battle over the debt limit of the United States two years ago became a crisis that negatively and heavily affected markets. Earlier this year, Treasury Secretary Jack Lew predicted that the debt ceiling would not likely be reached until September. "The uncertainty caused by putting this off is not good," Lew said at the time. "The anxiety caused to the US and world economy by putting this off until the last minute is not good."
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor