Exact(12)
Petro Poroshenko, the president of Ukraine, will be looking for backing as his country risks defaulting on its debts.
If this standoff over the budget were to bleed into talks about the debt ceiling then the US risks defaulting, with ramifications for the global economy.
The company risks defaulting on its debt and, barring a sharp turnaround in its business, could be forced to file for bankruptcy next year.
The company's managing director, Mamia Sanadiradze, said that having restored Internet access to clients at a cost of $50 million, he now risks defaulting on plans to build a giant telecommunications network stretching to Western Europe.
The pushback on the bill was the latest chaotic twist in the fiscal fracas on Capitol Hill, as the clock ticked closer to Aug. 2, when the Obama administration has warned that the nation risks defaulting on its bills.
Mr. Obama said the two sides needed to reach a deal within two weeks to pass legislation before Aug. 2, when the Treasury Department says the government risks defaulting on its debt.
Similar(46)
Will Republicans risk defaulting on America's debt in order to block immigration reform?
Will Democrats risk defaulting on America's debt in order to preserve Obamacare?
And the government must also increase its $16.4 trillion borrowing limit by around late February or risk defaulting on its debt.
And the result of that risks default for the United States for the first time in our history".
Re-fighting these debates every few months seems like an enormous waste of time and energy, particularly given that it risks default.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com