Print $1 trillion in platinum currency, pay skyrocketing interest on super cheap debt, or let the central bank pull the coal out of the fire. This is how the US government can deal with a stupid and self-inflicted debt crisis. Don BalajirMay 27, 202308:00 It seems crazy to say that America can’t raise its debt […]
Transport Online – IMF: US economy growing slightly faster than expected this year
WASHINGTON – The International Monetary Fund (IMF) has slightly raised its growth forecast for the US economy this year. However, UN experts point out that interest rates in the US need to be higher to control inflation. The fund is urging Democrats and Republicans in Washington to quickly reach an agreement on the U.S. government’s […]
IMF: US economy growing slightly faster than expected this year
Photo: ANP The International Monetary Fund (IMF) has slightly raised its growth forecast for the US economy this year. However, UN experts point out that interest rates in the US need to be higher to control inflation. The fund is urging Democrats and Republicans in Washington to quickly reach an agreement on the U.S. government’s […]
Without a deal, the US government could run out of money by June 5 economy
26 mei 2023 om 23:05Update: 22 minuten geleden Unless there is political agreement on raising the US government’s debt ceiling, the US is unlikely to run out of money until June 5. Treasury Secretary Janet Yellen made that assessment on Friday. June 5 is later than previously predicted. Yellen’s message gives Republicans and Democrats in […]
Henry Kissinger is 100 years old. And there’s still that question: Is he a villain or Superman?
He will turn 100 on Saturday, May 27, but the milestone appears to be a break in work on no less than two books, one on artificial intelligence and one on strategic alliances. Back in 1974, the then ‘Most Admired Man in America’ was depicted as Superman on the cover of a weekly magazine. News […]
Debt Struggles in America: It’s Affecting Us Too
31.4 trillion dollars or more than 29,000 billion euros. That’s the total amount the US federal government is now allowed to borrow. That maximum amount must always be adjusted, for example in relation to inflation. ceiling $11.5 billion 1917 would now be a trifle. Political games But such increases have fueled years of political wrangling […]
SBS6 wants a program about America with Johan Derksen and Raymond Menz
“We have a plan to go to Mississippi together. Along the way I will talk about music, blues, country and bluegrass. Raymond will talk about politics in that region,” he confirms. Derkson Talking to it AD. Time However, the bullet did not enter the church yet, due to lack of time. “There is still a […]
US moves closer to financial disaster, Fitch threatens to cut credit rating
economy•May 25 ’23 at 13:01•Edited May 25 ’23 at 13:25Author of the book: PNR Web Editor Little by little, the day the US hits the debt ceiling is getting closer. Analysts expect this to happen on June 1. “Then the finance ministry will run out of money,” says macroeconomist Edin Mujakic. Negotiations to raise that […]
Fitch warned the US could lose its top-tier credit rating
Photo: ANP Credit rating agency Fitch has warned that the US could lose its AAA rating if the US government fails to raise the debt ceiling before June 1. Fitch has put the US rating on ‘rating watch negative’, meaning it could be downgraded soon. The U.S. government is at risk of defaulting on debt […]
Houston Led the Country in Exports in 2022
According to the Greater Houston Partnership’s latest “Global Houston Report,” the city seems to have more than regained its strength in global trades last year. The symptoms of the pandemic are now definitely behind, as Houston leads the whole of the United States in terms of exports of goods and commodities. Here is what the […]