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Май
2023

Treasury Secretary Yellen warns of ‘economic calamity’ if debt ceiling is not raised

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The US has “no good options” to avoid an “economic calamity” if lawmakers refuse to raise the debt ceiling in the next few weeks, Treasury Secretary Janet Yellen said Sunday. The nation will soon reach its $31.4 trillion borrowing limit and will default on its payments unless the measure is taken. “Our current projection is...



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