The president World Bank does not expect defaults to United States of America

The president World Bank) David Robert Malpass in interview of TV channel "CNN" declared that does not expect defaults to United States of America. He explained that similar situations occur time in some years and now a problem consists in the legislation of United States of America. "If not to raise a ceiling national debts, there will be default. It is an impractical choice. Therefore I support that at some point people exhaled and changed the law. As a result the limit on expenditure will be set until as it will be reached" — mister Malpass explained. The head of WB also considers necessary to take measures for cut in expenditure. It positively estimated that...