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BBCNEWS World July 6, 2024 - Vimarsana News

BBCNEWS World July 6, 2024

programme. "there will no be default." those were the words of president biden on thursday as he hailed what he called "productive" talks with his political rivals — as the clock ticks on the country's finances. he is trying to avoid hitting the debt ceiling. the us government is set to hit its borrowing limit of $31.4 trillion next week, raising fears it could run out of money to pay its bills without a deal to increase the debt ceiling. from new york, michelle fleury reports. with just one week left until treasury officials say the us will run out of cash to pay its bills, the mo...

BBCNEWS World Business Report June 4, 2024 04:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:36:00

Paying bills. i don't think they really want to test that. if they do that, i think the implication of your question is what does that do to the economy? a really good job of trying to engineer a soft landing so far, but i don't think they have had a lot of credit. whether they continue to do so or not will be very difficult and this certainly would not help and could plunge it into a very severe recession.— it into a very severe recession. . ~' , ., , it into a very severe recession. ., ~ , ., , . recession. thank you very much for that analysis. _ recession. thank you very much for that an...