October 19, 2021
Economy

How the U.S. Debt Ceiling Battle Threatens the Global Economy

Here is today’s Foreign Policy brief: U.S. Congress to avert shutdown—but avoids debt ceiling issue, climate ministers meet in Milan ahead of COP26, and Kim Jong Un offers to reopen hotline with South Korea.

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Here is today’s Foreign Policy brief: U.S. Congress to avert shutdown—but avoids debt ceiling issue, climate ministers meet in Milan ahead of COP26, and Kim Jong Un offers to reopen hotline with South Korea.

Have tips or feedback? Hit reply to this email to let me know your thoughts.


U.S. Debt Ceiling Battle Threatens the Global Economy

The U.S. Congress is likely to prevent a government shutdown today by passing a short-term funding bill, but another major fiscal issue remains unresolved, threatening the health of the global economy in the process.

The debt ceiling—a…

Read full article here: foreignpolicy.com