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In little more than a week, the US government could default on its borrowings — an unprecedented situation that could potentially hit economies worldwide — if Congress doesn’t raise the nation’s debt ceiling.
30 May 2023
Context:
In little more than a week, the US government could default on its borrowings — an unprecedented situation that could potentially hit economies worldwide — if Congress doesn’t raise the nation’s debt ceiling.
About US Debt Ceiling:
Possible impacts if the govt defaults:
News Source: Indian Express
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