Published: May 21, 2023, 24:25 IST | Updated: May 21, 2023, 24:25 IST
As the G7 summit comes to an end, the next big agenda on Biden's platter is US debt crisis issue. According to US Treasury department if US fails to clear all the impending debts within two weeks, it faces the risk of defaulting, which could lead to massive chaos in the financial market and hike inflation.