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Yellen warns of 'financial crisis' if US defaults on debt

Malay Mail LogoMalay Mail2 mo ago

Yellen warns of 'financial crisis' if US defaults on debt - Malay Mail

Quick Summary:

WASHINGTON, Jan 21 ― US Treasury Secretary Janet Yellen warned yesterday that the United States could see a recession...

It added that Biden would not negotiate with hardline Republicans over their “risky and dangerous” opposition to increased borrowing for programs Congress already authorised.

This would also undermine the role of the dollar as a reserve currency used in transactions globally.


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Article Details

Category: EconomyBusiness

Markets:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-21 @ 07:50:15 (2 months ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 4789305

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 18 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions

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The story "Yellen warns of 'financial crisis' if US defaults on debt" has 357 words across 10 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Yellen warns of 'financial crisis' if US defaults on debt" was covered 2 months ago by Malay Mail, a news publisher based in Malaysia.

How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 18 news stories per day.

It's most recent story was published 1 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #4789305
  • URL: https://beamstart.com/news/yellen-warns-of-financial-crisis-16746781363557

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