Mexico Urges US to Reach Deal on Debt Ceiling
Reuters
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October 10, 2013
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Obama urges Republicans to raise debt ceiling (ReutersVideo)

Mexico's finance minister urged the United States to reach an agreement on raising its debt ceiling, saying a failure to do so could seriously damage financial markets and the global economy.

"(This) has the potential to enormously affect financial markets and therefore not just the United States' economy but also the economies of the rest of the world," Finance Minister Luis Videgaray told Mexican radio.

"It's an event that could be so serious that I think we all trust that the lawmakers and the executive of the United States will find the means to reach an agreement," he added.

Read the rest at Reuters

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