Biden aims to reassure world on US debt standoff as he consults with Indo-Pacific leaders
Headline from WJTV Jackson, on the newest of 2 developments
HIROSHIMA, Japan (AP) — President Joe Biden tried to reassure world leaders on Saturday that the United States would not default as he consulted with the heads of Australia, Japan and India in a me…
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Developments in this update
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Biden, top Republican say confident debt default will be averted
Headline from Al Jazeera ·
Newest
Biden aims to reassure world on US debt standoff as he consults with Indo-Pacific leaders
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, seeking to reassure markets before he departs on a trip to Japan.
By Kevin Liptak, CNN Hiroshima, Japan (CNN) — President Joe Biden faces his fellow world leaders Friday in Japan under the shadow of a looming default on US debt, a scenario his advisers said risks subverting American leadership and sending the global economy into tailspin.
President Joe Biden urged his negotiators to keep pursuing a debt-limit deal after House Speaker Kevin McCarthy indicated that both sides may reach agreement as soon as this weekend to avoid a catastrophic US default.
HIROSHIMA, Japan (AP) — President Joe Biden tried to reassure world leaders on Saturday that the United States would not default as he consulted with the heads of Australia, Japan and India in a me…
President Joe Biden downplayed fresh concerns that tensions in US debt-limit negotiations could lead to a catastrophic US default, saying Republicans and Democrats will still be able to reach an agreement.
HIROSHIMA, Japan >> President Joe Biden tried to reassure world leaders on Saturday that the United States would not default as he consulted with the heads of Australia, Japan and India in a meeting of the so-called Quad partnership that had been hastily rescheduled because of the debt limit standof…
Biden said at a press conference in Hiroshima, Japan, that he is “not at all” worried about the ongoing negotiations to raise the debt ceiling before the limit is reached.
Hoping to avert an outcome that would rattle the global economy and prove to be a boon to Beijing, Biden opened his third day in Japan at the annual G7 meeting of the world’s most powerful democracies.
Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but said he remained optimistic.
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