Economy

Global Fears Grow Over US Shutdowni
X
October 04, 2013 12:07 AM
There are new worries about the consequences of the U.S. government shutdown. The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession. On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it. Mil Arcega has more.

Global Fears Grow Over US Shutdown

Published October 03, 2013

There are new worries about the consequences of the U.S. government shutdown. The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession. On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it. Mil Arcega has more.


You May Like

Photogallery South Africa Bans Travelers From Ebola-stricken Countries

South Africans returning from affected West African countries will be thoroughly screened, required to fill out medical questionnaire, health minister says More

Multimedia UN Launches ‘Biggest Aid Operation in 30 Years’ in Iraq

Move aims to help thousands of Iraqi religious minorities who fled their homes as Kurdish, Iraqi government forces battle Sunni insurgents More

Video African Media Tries to Educate Public About Ebola

IT specialists, together with radio and TV reporters, are battling misinformation and prejudice about disease More