Government budgets

US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns |  CNN Business

US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns | CNN Business

New York CNN Business — Republicans and Democrats are likely to face off next year over the debt ceiling, a fight that could rattle financial markets, unnerve consumers and threaten the economy with the specter of a calamitous default. The looming debt limit battle in Washington could spark the most uncertainty since the 2011 tightrope …

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Lula’s push to boost spending in Brazil rattles markets

RIO DE JANEIRO — During the election campaign, Luiz Inácio Lula da Silva promised to maintain a massive social welfare program, raise the minimum wage, and increase spending on health and education. Now Brazil’s president-elect is trying to keep his promises – and investors are getting worried. Da Silva’s transition team presented to Congress on …

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