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The United States President, Joe Biden, on Monday (May 1) called for a meeting with the top four congressional leaders at the White House after Treasury Secretary Janet Yellen warned that Washington could run short of cash to pay all of the government’s bills as soon as June without a debt limit increase. The lack of funds to pay US’ debt obligations could trigger a catastrophic default.
US Treasury chief Janet Yellen says the creation of a low carbon and climate resilient economy will be key to solving South Africa’s electricity crisis. ....
She was joined at the site by US Treasury Chief Lynn Malerba, the first Native American to serve in that role, to see $1 and $5 bills being printed with their signatures. ....