Hillary Clinton criticizes House Republicans for using the debt ceiling as a political weapon, warning that it undermines the U.S.'s global credibility and plays into the hands of adversaries like Vladimir Putin and Xi Jinping, and warns of the potential danger of playing games with the debt ceiling to the U.S. dollar's pre-eminent position in the global economy.
"I used to trust the EU because it has always played an important role as a balancing force and has never directly participated in wars," President Lula said. "However, the EU is directly involved in this conflict."
France's Macron hopes to establish a framework for future negotiations and has tasked his foreign policy adviser, Emmanuel Bonne, to work with China's top diplomat, Wang Yi.
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
The proposed digital currency in Texas would be unique as it would be based on a physical asset, gold, and each unit of the digital currency issued would represent a particular fraction of a troy ounce of gold held in trust.