IMF warning over US shutdown

News

IMF warning over US shutdown

TodayFM
TodayFM

5:39 PM - 9 Oct 2013



The IMF has warned American politicians that the longer the Government shutdown continues - the greater the risk to the world economy.

President Barack Obama and Republican leaders in Congress have yet to reach an agreement to end the shutdown - which has seen 800-thousand federal employees forced into unpaid leave.

The IMF's financial counselor says that if the shutdown doesn't avoid a debt default - there would be a "worldwide shock" which would have "significant reprecussions on global markets".



Read more about

News

You might like

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share

Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Block Rockin' Beats

Block Rockin' Beats

7 PM-10 PM

Share

Up next

Friday Night Anthems

Friday Night Anthems

10 PM-12 AM

Share

Overnight

Overnight

12 AM-8 AM

Share

Weekend Breakfast with Alison...

Weekend Breakfast with Alison Curtis

8 AM-11 AM

Share

Pamela Joyce

Pamela Joyce

11 AM-2 PM

Share

Pumped Up Kicks

Pumped Up Kicks

2 PM-6 PM

Share

Saturday Hits

Saturday Hits

6 PM-9 PM

Share

00:00:00 / 00:00:00

Share on