When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Already a subscriber? Log in .

You've reached your limit of one free article.

Get unlimited access to Worldcrunch

You can cancel anytime .


Exclusive International news coverage

Ad-free experience NEW

Weekly digital Magazine NEW

9 daily & weekly Newsletters

Access to Worldcrunch archives

Free trial

30-days free access, then $2.90
per month.

Annual Access BEST VALUE

$19.90 per year, save $14.90 compared to monthly billing.save $14.90.

Subscribe to Worldcrunch
eyes on the U.S.

How The World Sees The US Shutdown

How The World Sees The US Shutdown

PARIS – The United States woke up Tuesday to a rather expected, but nonetheless stunning government shutdown after Congress failed to agree on a new budget by the midnight deadline in a political standoff over Republican attempts to reverse President Obama's landmark health care reform.

The government is forced to put an end to non-essential services, an estimated 800,000 federal employees face unpaid leave beginning Tuesday, with no guarantee of back pay once the deadlock is over.

Goldman Sachs estimated that the U.S. could lose as much as 0.9% of its GDP this quarter if the shutdown lasted three weeks. This domestic political row from the world's largest economy and, er, temporarily lamest democracy are bound to have reverberations around the world.

British Prime Minister David Cameron told the BBC radio: "It is a risk to the world economy if the United States can't properly sort out its spending plans and its deficit reduction plans."

The shutdown is the leading story on many top global news outlets:

Commentators are chiming in:

- In French daily Le Figaro, Pierre-Yves Duguawrites: "The U.S. is being humiliated by the inability of its political system to carry out its primary mission: to pass a budget."

- In Germany's leading business daily Frankfurter Allgemeine Zeitung, Patrick Welter writes: "The failure to reach agreement casts a dark shadow on the next and more important forthcoming round in the fiscal row."

- Andrew Coyne of Canada's National Post adds: "Today’s crisis is driven not by the leadership or even the majority of the Republican party, but by an intense and disciplined minority, itself a product of the changes that have overtaken the country in recent years.

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

This Happened—November 30: WTO Seattle Give Birth To "No Global"

Updated Nov. 30, 2023 at 12:10 p.m.

The sometimes violent protests against the 1999 World Trade Organization summit in Seattle is considered the birth of the No Global movement, which sought to bring attention to the harmful effects of globalization, especially on the most vulnerable.

Keep reading...Show less

The latest