Expert: U.S. debt crisis may have an impact on global economy

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The U.S. debt crisis has drawn high attention from Middle Eastern countries. In an interview with China Media Group, Ali Hamoudi, CEO of ATA Global Horizons, said that once the United States defaults on its debt or the debt crisis escalates, it will have a negative impact on the global financial system and destabilize the Middle East energy market, which is closely linked to the dollar.