British Chancellor of the Exchequer Hunter: us debt stalemate poses a serious threat to the world economy

[British Chancellor of the Exchequer Hunt: the US debt impasse poses a serious threat to the world economy] on May 13, British Chancellor of the Exchequer Jeremy Hunt warned that the US debt ceiling impasse poses serious risks to the global economy. "if the US, one of the biggest engines of the global economy, derails its GDP by failing to reach an agreement, it will have an absolutely devastating impact," Hunt said after a meeting of G7 finance ministers and central bank governors. "it's not up to us to say how to solve this problem," Hunter said. "but we very much hope that the US government and Congress can resolve their differences." (Bloomberg)