US default on debt would trigger 'economic catastrophe,' Yellen says

At an event in Washington, the Secretary of the Treasury asked Congress to make a decision as soon as possible, since defaulting on the debt would threaten the economic progress achieved by the United States. Department of State since the pandemic

Șefa Trezoreriei SUA: Eşecul Congresului de a ridica plafonul datoriei guvernamentale ar declanşa o „catastrofă economică”

Secretarul Trezoreriei SUA, Janet Yellen, a avertizat marţi că eşecul Congresului de a ridica plafonul datoriei guvernamentale ar declanşa „o catastrofă economică” care ar duce la creşterea ratelor dobânzilor în anii următori, transmite Reuters. 

US Treasury head says debt default would cause 'catastrophe'

'Solution is simple: Congress must vote to raise or suspend the debt limit. It should do so without conditions,' says Janet Yellen - Anadolu Ajansı

Janet Yellen’s warning: raise US debt ceiling or face economic catastrophe

U.S. Treasury Secretary Janet Yellen on Tuesday sounded the alarm on the urgent need for Congress to raise the government's debt ceiling, warning that failure could trigger an "economic catastrophe." In a recent address to business executives in Washington DC, Yellen emphasised that defaulting on debt would have far-reaching implications, including job losses and increased interest rates that may last for years, causing financial upheaval and im

US default on debt would trigger 'economic catastrophe,' Yellen says

Yellen: Debt Ceiling Raise Crucial To Avoid 'Economic Catastrophe'