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WASHINGTON (Reuters) - The Obama administration said on Thursday that a looming U.S. default would hit everyone from Social Security pensioners to bondholders and urged Congress to raise the cap on government borrowing to avoid a crisis.
WASHINGTON (Reuters) - The Obama administration warned on Friday that if Congress doesn't raise a cap on government borrowing, efforts to forestall a debt default could trigger huge legal battles that would still damage America's creditworthiness.
(Reuters) - Two goals in each half helped Czech Republic to a comfortable 4-1 win in their Group B qualifier away to Malta on Friday to keep alive their slim hopes of qualifying for next year's World Cup in Brazil.
COLOGNE, Germany (Reuters) - Triple former champions Germany secured a place at next year's World Cup in Brazil with a game to spare in Group C qualifying after sweeping Ireland aside 3-0 on Friday.