NEWS FLASH

British Business Secretary: ‘Biggest Threat’ To World Economy Is U.S. Right-Wing ‘Nutters’ Extremism On Debt Ceiling | Last week, Europeans leaders surprised critics by agreeing to a second rescue package for debt-stricken Greece. To those “irresponsible” people who had been “gleefully anticipating the collapse of the euro currency,” British Business Secretary Vince Cable presented the “irony of the situation at the moment.” A former economist, Cable told BBC television yesterday that “the biggest threat to the world financial system comes from a few right-wing nutters in the American congress rather than the euro zone.”