The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress’s independent fiscal watchdog.
One considers itself to be "the mother" of democratic parliaments, the other is an Islamic theocracy.Electoral reformers complain that the UK is the world's sole democratic sovereign state to reserve legislative seats for religious representatives.
The United Kingdom market has recently experienced a surge, climbing 1.8% in the past week, though it has faced a decline of 5.4% over the last year with earnings expected to grow by 12% annually.