W .B president warns of U.S defaulting stage.
W .B president warns of U.S defaulting stage.

World Bank President Jim Yong Kim, warned from United States entering the stage of " high-risk " as a result of U.S. administration failure to reach an agreement with Republicans , to end the crisis in the federal budget and the  raise of debt ceiling .

 

Kim said at the conclusion of the annual joint meeting of World Bank and IMF international in Washington, " We are now five days ahead of a of high-risk moment".

 

U.S. Treasury Department , announced earlier , that  its liquidity will be efficient until the sixteenth of this month , and in case debt ceiling wasn't raised before that date , United States will not be able to meet its financial obligations, leading Washington to  the stage of defaults, which will reflect negatively on the global financial markets.

 

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