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Added on the 05/11/2019 16:53:19 - Copyright : France 24 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.
After a Greek government official said, the country would not pay the IMF on Tuesday, stocks tumbled, with the major indexes falling around two percent. Bobbi Rebell reports.
Images show the President of Panama Laurentino Cortizo and President of Costa Rica Rodrigo Chaves holding a meeting in Panama City to discuss migration issues. IMAGES
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
Republicans in the US House of Representatives pass a bill that will raise the national borrowing limit, but only in conjunction with drastic spending cuts, as they seek to avert a potentially ruinous looming credit default. IMAGES
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