Why Beijing is so excited to fight the US debt ceiling

The US Capitol is seen on January 19, 2023 in Washington, DC. Anna Cash Maker | Getty Photos The contours of the divided authorities in Washington at the moment are clear: the principle level of competition is the looming deadline for the debt ceiling, and the principle space of ​​settlement is to handle the systemic … Read more

Davos elites see big risks ahead for the markets with the US debt crisis looming

Davos, Switzerland – The chief monetary and technical chiefs of the World Financial Discussion board This week they expressed measured optimism concerning the financial system in 2023 – however mentioned there was at the least one main danger looming for the markets. A resilient US financial system, a light European winter, and China’s reopening have … Read more