Alexei Yakovitsky, global CEO of VTB Capital, says that growth in the short term might be slower in the US and euro zone and will impact the overall economy.
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Spain plans to change its constitution before elections in November to include debt limitations that guarantee budget stability in the medium- and long-term, the prime minister said on Tuesday.
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Investor's "underlying bias is that Congress - both the house and the senate -will be able to come together on a deal [on the debt ceiling] and they?re going to keep an eye on what the ratings agencies say about that deal so it could be a little bit bumpy this week," Tony Fratto, managing...
US Secretary of State, Hilary Clinton was "talking to her banker" on her trip to China when she said the US would find a solution to its current economic problems, Richard Martin, managing director at IMA Asia told CNBC. He added recent Chinese signals they believed the US was a good for the...
The risk that the United States will lose its AAA credit rating in the next three months has risen considerably, even if lawmakers reach an agreement to raise the country's debt ceiling later this month, an S&P official said on Thursday.
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The U.S. Congress will not wait for the country's debt crisis to reach the levels of Southern Europe, David Schweikert, a republican congressman and part of the bipartisan commission on budget told CNBC on Tuesday.
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