The countdown to a U.S. default has begun.

It is in a month, from the first of June, that the country may no longer be able to pay its bills. This is the date put forward by Treasury Secretary Janet Yellen at a time when raising the debt ceiling is the subject of a bitter political battle. A US default on public debt could have potentially disastrous consequences for the country and for global financial stability. With our correspondent in Washington, Guillaume Naudin.