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After more than ten days of stalemate in the U.S., things have finally to start . President Barack Obama and the Republican Speaker of the House of Representatives, John Boehner, down for talks on Thursday about the impasse over the partial U.S. government shutdown and the looming debt crisis. Their discussions didn't to any certain outcome, but analysts are a positive note that talks are . House Majority Leader Eric Cantor said the talks "very useful" and "clarifying". Hopes that the two sides will on a temporary increase to the $16.7 trillion U.S. debt limit. Failure to do so by October 17 could dire consequences for the global economy.

A Wall Street Journal / NBC News poll 53 per cent of those surveyed blamed Republicans for the government shutdown, while 31 per cent blamed President Obama. Observers from other countries are trouble what is on in U.S. politics. The Times of India wrote: "What is chilling is that US politicians are willing to in a game of brinkmanship that tantamount to a nuclear device over their economy." A UAE businessman that: "There is something fundamentally wrong with a system that a country without direction, in stagnation, without a budget and potentially without the wherewithal to its debts."

 


 
 
 

 

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