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September, 29, 2016

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Commentary > Reuters
The debt and budget crisis that gripped Washington was the story of a Republican Party at war with itself.
 
Consensus may be hard to find in Washington these days, but many corporate executives and economists seem to agree on one point: the biggest risk to the world's largest economy may be its own elected representatives.
 
A crackdown on corruption in China's infant milk formula sector has made sales representatives and hospital doctors fearful of talking to each other, putting a brake on marketing and possibly hitting revenue growth for foreign firms.
 
What is left for Europe's mainstream center-left?
 
Among Twitter Inc.'s highest-paid executives, Christopher Fry's name stands out.
 
Western nations are struggling to answer one key question as they assess conflicting signals from Tehran ahead of next week's big-power meeting with Iran in Geneva -- is the Islamic Republic ready to make a deal on its controversial nuclear program.
 
The Obama administration says a U.S. default would be "catastrophic." Economists say it could plunge the country into recession and prompt a global financial meltdown.
 
Eager to exploit divisions among Republicans, Democrats have hammered the message that the U.S. government shutdown is the work of a small segment of House of Representatives Republicans on the far right.
 
Turkey has been trying for years to join the European Union, presenting itself as a growing economic and political power and a bridge to Asian and Middle Eastern markets.
 
For most Republicans in the House of Representatives, the only greater peril than shutting down the federal government would have been fighting to keep it open.
 
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