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Added on the 29/06/2015 23:35:30 - Copyright : Reuters EN
The politics of the Greek financial crisis inspire Berlin restaurant owner to create a "Hellenic - European Drama" menu, that reflects the main protagonists in this Greek drama. Sharon Reich reports.
Stocks lost ground on Wednesday as investors kept their eyes on the precarious situation in Greece. Bobbi Rebell reports.
Breakdown in Greek debt talks weigh on the markets, major indices end the day lower. Dow enters negative territory for the year. Shartia Brantley reports.
President Biden is not currently planning to invoke the 14th Amendment to prevent a US debt default, the White House says, ruling out a constitutional solution to the current debt impasse. Invoking the 14th Amendment to the constitution, which some legal scholars argue would let the US Treasury ignore the debt limit, "is not going to fix the current problem we have right now," White House Press Secretary Karine Jean-Pierre told reporters. SOUNDBITE
President Joe Biden will still leave Wednesday for the G7 summit in Japan but is reevaluating the rest of his planned tour of Asia, spokesperson for the White House National Security Council John Kirby tells reporters, as the White House negotiates with Republican leaders to avoid a US debt default. Until now the president had planned to also visit Papua New Guinea and Australia after the G7 meeting in Hiroshima. SOUNDBITE