Top senator warns US reaching 'brink of default'

Top senator warns US reaching 'brink of default'

President Barack Obama and top US lawmakers held day-long crisis talks but failed to find a breakthrough to avert a debt default just 10 days away that could rock the fragile global economy.
Obama calls crisis debt talks as default looms

Obama calls crisis debt talks as default looms

US President Barack Obama angrily summoned top lawmakers for crisis talks Saturday on averting a disastrous early August debt default that could send shockwaves through the fragile global economy.