Canada The US Secretary to the Treasury warns against a default
Arrest of Kalilou Doumbia in Mali: The National Commission on Human Rights is concerned
© AP - Sean Kilpatrick Kalilou Doumbia was arrested, while he went to the University of Rights of Bamako. (Illustration Photo) Training Lawyer, Kalilou Doumbia, the former Secretary General of the Presidency arrested on 6 September had resumed his teaching-researcher activities after the second coup of May 24, following which the President of Transition Bah N'WWW had been overthrown by Colonel Assimi Goïta since then Head of State.
according to Janet Yellen, if the ceiling of the debt is not raised, the United States may be plunged into "a historical financial crisis".
The US Secretary to Treasury Janet Yellen vigorously pleaded on Sunday, September 19 for the Congress to report the debt ceiling at the risk of provoking "a historical financial crisis". In an editorial published in theJanet Yellen recalls that "the United States has never failed." "It would probably precipitate a historical financial crisis (...). The fault could trigger a soaring interest rates, a sharp drop in stock prices and other financial disorders", writes Joe Biden's Minister of Finance.
prosecutor's office determined against Olaf Scholz 'Secretary of State Wolfgang Schmidt
It is about a tweet because of the raid in the Federal Ministry of Finance: The prosecutor has initiated investigations against Wolfgang Schmidt, the Secretary of State of Finance Minister Olaf Scholz. © Thomas Koehler / Photothek.net The publication of a photo on Twitter may have legal consequences for Wolfgang Schmidt (SPD). The prosecutor Berlin determines against the State Secretary in the Ministry of Finance.
The ceiling of the debt, that only the Congress has the prerogative to raise, came into force on 1 August. It prohibits thefrom issuing new loans to finance if the current limit of $ 28,400 billion is not enhanced. This recovery is regularly the subject of political arms at Congress. Since the 1960s, the debt ceiling has been raised or suspended about 80 times.
last week, Treasury services indicated that the United States would be short of money "During the month of October". Ms. Yellen described in his editorial a cascade of financial disasters if the US borrowing capacity, in order to honor his deadlines, was not found. In a few days, millions of Americans would be running cash (...). Nearly 50 million seniors would no longer receive their retirement check and soldiers would no longer be paid, "she writes." We go out of this crisis a durably weakened nation, "said the Treasury Secretary.
The United States sanctioned Lebanese Hezbollah
USA-Sanctions-Hezbollah: The United States sanctioned Lebanese Hezbollah Financial Support © Reuters / Pool The United States sanctions financial support from Lebanese Hezbollah Washington (Reuters) - The United States announced Friday to impose sanctions on Hezbollah financing networks in Lebanon and Kuwait, as well as financial and screening facilitators who work for the benefit of the Lebanese group and its Iranian godfather.
Even if the United States has never been lacking - "Not once," says Yellen -, it reminds the episode of 2011 "who led America at the edge of the crisis". Under the Obama administration, the political stalemate at the Congress had led the Standard and Poor's rating agency to remove the "AAA" note with American debt, causing a shock wave in the markets. "Look more" to raise the debt capacity of the United States "is not tolerable," says Yellen. "In the last 17 months have tested the economic force of our country. We just get out of the crisis. Do not plunge into a situation, all preventable, "she concludes.
UN: Nourish the world's population, protect the environment .
UN Secretary-General António Gutres has called again to a rethinking in global food production. Only in this way could the exploitation of nature be completed and the nutrition of humans can be secured. © Eduardo Munoz-Pool / Getty Images UN Secretary-General António Gutres (Archive) "We need to build a world where healthy and nutritious food is present at any time for all and affordable," said António Gutres at the first World Summit Future of food in New York.