Obama hosts last-ditch debt talks
- 13 years ago
US President Barack Obama held emergency talks with top lawmakers on Saturday in an attempt to prevent the country from defaulting on its debt. Congress must approve his plan to hike America's debt ceiling before August 2. Obama warned of economic catastrophe if the 14.3-trillion-dollar (10-trillion-euro) limit on US borrowing is not raised. ... http://www.euronews.net/