Potential US pullback from IMF could impact credit ratings
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability....
Tag : debt crisis
US default threatens global crisis as $31.46 trillion debt deadline looms
The United States is facing a potential global economic crisis as it approaches a catastrophic default on its $31.46 trillion debt, according to US Treasury Secretary Janet Yellen. Yellen issued a series of increasingly dire warnings ahead of a meeting in Japan with her counterparts from the Group of Seven......