US debt standoff overshadows G7 finance leaders’ meeting

NIIGATA, JapanĀ  – A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders’ starting on Thursday, heightening U.S. recession fears as central banks seek a soft landing for the global economy. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly to … Continue reading US debt standoff overshadows G7 finance leaders’ meeting