Think Progress - The rhetoric over raising the debt ceiling has become increasingly harsh as Democratic and Republican congressional leaders trade barbs back and forth. But as the U.S. inches closer to defaulting on its debts for the first time in history, criticism of Congress is starting to come from beyond our own borders. From France and Germany to China and India, countries around the world are angry that American politicians play with the possibility of a U.S. default like a yo-yo with little regard for the international economic system that depends on American solvency. Read more.
French Ambassador to Australia Jean-Pierre Thébault publicly chided Australia on Saturday for canceling a multibillion-euro submarine contract with Paris after striking up a strategic partnership with the U.S. and the U.K. Read more .