The fact remains that the euro crisis is no longer the center of attention. Rather, the concern has witnessed a drastic shift towards the issue pertaining to US financial standoff. It certainly will not be an erroneous claim to make US political gridlock is considered to be the greatest threats to world economies worldwide. An annual autumn meeting will be held between Wolfgang Schäuble and President Jens Weidmann. The burning hot topic that will be discussed is the present financial turmoil that US is presently suffering.
Hold Adverse Effect
In the meeting held, it was clearly brought to light the fact that the continued uncertainties that the US market faces are doing least benefit to the overall global scenario. The debt ceiling is also not doing any sort of benefit to the international market,