The G7 Hiroshima Summit ended on the twenty first. Do you keep in mind that earlier than the opening, it was stated that President Biden of the United States may not go to Japan? The cause for that is the debt ceiling downside. US Treasury Secretary Janet Yellen stated, “It will lead to an economic and financial catastrophe,” and relying on the place it goes, there’s a threat that it’ll have a serious influence on the worldwide economic system. President Biden talked about this challenge at a press convention after the summit, with some speculating that the deadline for default was “June 1”. What form of developments will probably be unfolding sooner or later?
Source
why battle? US debt ceiling downside Can monetary “disaster” be prevented | NHK
