Editorials May 26, 2023
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
In an effort to speak with an authoritative voice on issues we deem important, The Japan Times Editorial Board produces a single editorial each week that offers a fresh and informed perspective. The weekly editorial appears online every Friday and is published in print in The Japan Times Weekend edition.
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
This year's Group of Seven summit could be the most important in the bloc's history or that of Japan.