Sentences with phrase «u.s. debt ceiling crisis»

Not exact matches

The cliff is the default outcome of the Budget Control Act of 2011, a federal statute that helped bring the U.S. debt - ceiling crisis to an end.

«Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset,» Zezas adds.

Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset.

On Monday, the Dow finished down 4.6 percent, the biggest decline in percentage terms since August 2011, when investors were fretting over Europe's debt crisis and the debt ceiling impasse in Washington that prompted a U.S. credit rating downgrade.

Once in the financial crisis, once in 2011 just following the debt ceiling crisis and U.S. downgrade, and for a very short time in the 2010 flash crash.

If you watched any American TV this summer, all you would have heard about was the U.S. debt - ceiling crisis in Congress, a contrived event, designed to embarrass President Barack Obama.