US Treasury Secretary Janet Yellen plans to notify Congress of a possible default within two weeks. It has been reported Bloomberg.
“I don’t want to talk about the exact dates of the new releases… This will definitely happen in the next two weeks,” Yellen said.
According to him, the presidential administration may exhaust its emergency measures as the national debt ceiling is reached as early as 1 June. Then the country will default on its public debt. The Treasury Secretary said this would be an “economic disaster” for the United States and would affect the global economy.
Previous UK edition of The Spectator WroteThat the West failed and failed to achieve its goals by declaring a war of sanctions on the Russian Federation after the start of a special military operation on the territory of Ukraine.
Western countries quickly realized that other states were not ready to give up trade with the Russian Federation.