And on the other side of the Atlantic, President Obama has warned the U.S. is running out of time to deal with its debt crisis. If lawmakers fail to reach an agreement on raising the debt ceiling by the second of August, the country will face a default. To discuss this situation, RT's joined from New York by economics analyst Dr Roger von Hanvehr.
In: World News, Other News, Politics
Tags: RT, Bill Dod, debt, crisis, lawmakers, default, threat, America, US, Republicans, democrats, budget, politics, taxes, costs, gold, dollar
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