News from The Hill: Tensions flare between White House, Europe ahead of IMF, World Bank meetings

Tensions flare between White House, Europe ahead of IMF, World Bank meetings

Read the full story here.

News from The Hill: Tensions flare between White House, Europe ahead of IMF, World Bank meetings  By Peter Schroeder  Tensions between the Obama administration and Europe’s leaders will be high this week when Washington hosts the annual meeting of the International Monetary Fund (IMF) and World Bank. The debt crisis in Europe has spread to U.S. shores, causing gyrations to financial markets also unnerved by the near-failure of the administration and Congress to raise the debt ceiling. European leaders have struggled to get their hands around a debt crisis that started in Greece and has moved to European giants Italy and Spain. Worries about whether those countries can pay back their debts, and how this might affect banks on both sides of the Atlantic has contributed to a global economic slowdown. It is a slowdown that threatens a second term for President Obama, whose approval ratings have plummeted on his handling of the economy. Read the full story here. For all the latest news: Visit TheHill.com  Follow @TheHill on Twitter Like The Hill on Facebook

News from The Hill: Tensions flare between White House, Europe ahead of IMF, World Bank meetings

Read the full story here.

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