Business Press Release

Archive for the ‘International Business’ Category

The most important information circulated by all the world’s media was absolutely one: the crisis in the United States and the possibility of default into a crack which will cause unpredictable global consequences. And the deadline approached forcing Republicans and Democrats to reach an agreement before a crash.

Thus, the president of the United States, Barack Obama, announced that it has reached an agreement to reduce the deficit which would avoid, consequently, the cessation of payments.

The agreement involves a pact between the Republicans in the House and among Democrats in the Senate, which subtracted to give final approval to begin to rule soon.

Obama has spoken out repeatedly against the urgent need for the country to avoid falling into default and to schedule a series of measures to reverse the high deficit of the main power in the world who need to reduce it, revive and rebuild consumer use .

Bridging the gap, crisis similar to those suffering various members of the European Union. At least the principle of solution is a start.