Economics
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Bitcoin
US Government Faces ‘Significant Risk’ of Default in June, Congressional Budget Office Warns – Economics Bitcoin News
The Congressional Budget Office (CBO) has stressed that there is a significant risk that the Treasury will run out of…
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G7 Nations Discuss Countering China’s ‘Economic Coercion’ – Economics Bitcoin News
The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary…
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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation – Economics Bitcoin News
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics…
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IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations – Economics Bitcoin News
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if…
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US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’ – Economics Bitcoin News
U.S. Treasury Secretary Janet Yellen has warned again about the consequences of the U.S. defaulting on its debt. During a…
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SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets – Economics Bitcoin News
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations would…
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Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ ‘There Is Real Risk to US Dollar’ – Economics Bitcoin News
A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S.…
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Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts – Economics Bitcoin News
Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the…
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Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling – Economics Bitcoin News
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to…
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JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic – Economics Bitcoin News
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend…
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