president biden s focus today on the fight to raise the debt limit and the dress of consequences that could be in store for the country have no actions taken. not a single solitary has this data is not that i accumulated. but that is not that occurred of the last several years. it is 200 years of debt. 200 years. the idea that we wouldn t pay our debt is bizarre. it s estimated that we didn t pay the debt, we lose 750,000 jobs, we have a recession, would be a disaster. the idea is for the first time saying, unless you can approve this ridiculous budget what the republican mega budget is, if you pass this budget, we re not going to increase the debt limit. then we re going to go bankrupt. the white house has also warning that if the white house default, it would result in severe damage. a default according to the white house would result in hud to thousands of job losses, which could increase to millions the longer it goes on. joining me now is nbc s correspondent, a
years. it comes just days after federal reserve raised interest rates for the tenth consecutive time as a way to fight inflation. however, the fed to suggest that the economy might have slowed up that it might be able to pause raising points for some time. joining me now is nbc news correspondent, scott we re getting kind of mixed signals here when it comes to the economy. the job report is strong, but inflation process. how should we interpret all thus? you, know it s tough. if anyone is a little confused by these completely mexican, al-zahrani good company. some are fed policymakers, and some of the world s leading economists. on one hand, as you said, we have really strong higher rain. at the same time, fed chairman, jerome powell, to save the day, two days before the jobs reports, that the economy had slowed significantly. we have nearly 10 million job openings across the country. that s one and a half jobs for every available worker. yet, students who are about to
Saudi banks reap the benefits of oil and housing booms thebanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebanker.com Daily Mail and Mail on Sunday newspapers.
RIYADH: The 2023 Social Responsibility Forum will take place on Feb. 1-2 in Riyadh, with the presence and participation of a large number of representatives of governmental and semi-governmental sectors, CEOs of companies and institutions, and heads of local authorities and organizations. The forum will be held under the patronage of Ahmad Al-Rajhi, minister of human resources