Thousands marched on the streets of the Argentine capitol to protest against a loan repayment deal with the IMF, fearing the economic fallout on their lives. They say the record $57 billion loan should be ignored.
Pelosi and Schumer said they would attach a debt-ceiling suspension to the government-funding bill. McConnell quickly struck down the idea, saying the GOP would not vote for the legislation. They effectively dared him to vote for the US to default on its debt, and he met their dare. As the White House stressed the urgencyContinue reading “Mitch McConnell says the GOP will vote for the US to default on its debt”
Canadian Prime Minister Justin Trudeau is planning a snap election for Sept. 20 to seek voter approval for the government’s costly plans to combat COVID-19, four sources familiar with the matter said on Thursday. Trudeau is set to make the announcement on Sunday, said the sources, who requested anonymity given the sensitivity of the situation.Continue reading “Canada PM Trudeau planning snap election, seeks approval for COVID response – sources”
The 21st century brought a whole new host of challenges to the world, and Europe was no exception. In this video you’ll learn about how an increasingly connected and complex world led to some pretty deep rifts in countries across the continent. We’ll learn about financial crises that rippled across the world. We’ll learn aboutContinue reading “21st Century Challenges: Crash Course European History #49”
The national debt has long been portrayed as a burden we’re placing on future generations. John Oliver discusses how national debt works, why people are so concerned about it, and why it might be more helpful that you think.