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Prez Biden juggles G7 and debt stalemate back home
Updated On: 21 May, 2023 08:21 AM IST | Hiroshima | Agencies
His trip has been marred with domestic financial instability in the US
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Biden at G7 summit. Pic/PTI
Joe Biden was seeking to rally regional cooperation against China on the margins of the Group of Seven summit Saturday, while confronting a stalemate in Washington over how to ensure the US avoids default.
Hoping to avert an outcome that would rattle the global economy and prove to be a boon to Beijing, Biden began his third day in Japan at the annual meeting of the world’s most powerful democracies with a briefing by staff on the latest fits and starts in the showdown over how to raise the federal debt limit. The president on Saturday was also squeezing in meetings aimed at challenging China’s buildout across the Indo-Pacific, including with the so-called Quad partnership made up of the US, Australia, Japan and India.
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