An Interest In:
Web News this Week
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
- April 7, 2024
- April 6, 2024
Some of Our Sources
- Team Treehouse
- Just Creative
- Pearsonified
- Creative Curio
- Crazy Leaf Design
- My Ink Blog
- Web Design Ledger
- Reencoded
- Android Dissected
- TechPowerUp
Help Webnuz
Referal links:
July 10, 2011 08:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4-0hY7XOVGc/New-IMF-Head-Says-US-Must-Raise-Debt-Limit-or-Face-Nasty-Consequences
New IMF Head Says US Must Raise Debt Limit, or Face 'Nasty Consequences'
fysdt writes with this from an article on ABC News: "The International Monetary Fund's new chief foresees 'real nasty consequences' for the U.S. and global economies if the U.S. fails to raise its borrowing limit. Christine Lagarde, the first woman to head the lending institution, said in an interview broadcast Sunday that it would cause interest rates to rise and stock markets to fall. That would threaten an important IMF goal, which is preserving stability in the world economy, she said. The U.S. borrowing limit is $14.3 trillion. Obama administration officials say the U.S. would begin to default without an agreement by Aug. 2." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/4-0hY7XOVGc/New-IMF-Head-Says-US-Must-Raise-Debt-Limit-or-Face-Nasty-Consequences
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot