U.S. Faces Debt Ceiling Dilemma, Risk of Default Looms
#USDebtLimit #FinancialCrisisThe US risks running out of money to pay bills by August if lawmakers don't reach a debt limit deal, according to the Congressional Budget Office. Treasury has already hit the $36.1 trillion debt limit, with potential consequences of defaulting. read more
Boeing to Raise $19 Billion to Address Financial Woes
#Boeing #FinancialCrisisBoeing reveals a $6bn quarterly loss, plans to raise up to $19bn through stock and debt offerings due to a costly strike and aircraft safety crisis. Worker rejection of pay offer and ongoing production issues highlight financial struggles. read more
#FranceElection #FinancialCrisis
French finance minister warns of potential financial crisis if far-right National Rally wins election with heavy spending plans. Minister Le Maire urges support for centrist candidates to avoid economic instability. RN promises "France first" policies, while left-wing alliance seeks to implement wealth tax and climate change measures. read more