Fear of Global Recession: Germany Urges US to Resolve Budget Dispute

[sysop]

All eyes are on Washington where US President Barack Obama and lawmakers are due to launch last-ditch talks Friday to avert automatic tax hikes and spending cuts that could plunge the country into recession. German Foreign Minister Guido Westerwelle reminded all sides that they have a responsibility not just to the US, but to the global economy.

http://www.spiegel.de/international/...-a-875020.html