Roubini Says US Debt Talks May Reach "Last Hour": Qatar Forum

Bloomberg2023-05-24

Qatar says dollar peg still appropriate for Gulf nationsGeorgian prime minister defends ties with Russia amid warNouriel Roubini warned Wednesday that talks to avoid a US default could drag on, with ...

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If that doesn’t happen, then the market is going to crash.”The chairman of Roubini Macro Associates, who is best known for his predictions of doom, said geopolitical tensions from Ukraine to Iran, and worsening ties between the US and China could prove a major challenge for the global economy this year. Already flush with cash from higher oil and gas prices, Gulf investors are likely to deploy their money privately, with a particular focus on technology, because public equities had become overvalued, Roubini added.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107095116"}