BY STRANGE SOUNDS This is not too far off… Americans are getting crushed by debt — And it may just get worse… For years the…
Posts tagged as “debt”
By raymondmhor On July 18th the US Department of The Treasury revealed that the top foreign holders of U.S. Treasury bonds / debt are…
BY BERNARD CONDON AND THE ASSOCIATED PRESS A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars…
By Lee Ohanian Little did California businesses know that they were cosigners on the state’s nearly $20 billion loan from the federal government that was…
By Luis Miguel Taiwan finds itself walking on unsolid ground, its list of allies shrinking. The pressure on the small island nation, officially called the Republic…
BY AL WEAVER Senate Republicans say they’re happy to sit out the fight over raising the debt ceiling and cede the negotiations to their colleagues in…
BY AL WEAVER Sen. Mitch McConnell (R-Ky.) is set to play a pivotal role in a debt ceiling fight expected to consume Washington in the coming weeks…
By JOSH BOAK The countdown toward a possible U.S. government default is in the offing — with frictions between President Joe Biden and House Republicans raising…
BY ARIS FOLLEY Treasury Secretary Janet Yellen said the U.S. is projected to reach its roughly $31.4 trillion borrowing limit in less than a week.…
by noah This is not a drill… This is real. And before we get too far into this one, let me just say upfront NO…
By Reuters BERLIN, July 1 (Reuters) – The German state would not be able to absorb all the negative consequences of a Russian gas supply…
by Carol Cassis WESTMINSTER, Calif.—With the City of Westminster on the verge of bankruptcy and midterm elections approaching, city officials are deciding whether to renew their one-percent city sales…
by Fabio Giuseppe Carlo Carisio Them belly full but we hungry A hungry mob is an angry mob A rain a-fall but the dirt, it…
by Gail Tverberg The years between 1981 and 2020 were very special years for the world economy because interest rates were generally falling: In some…
By Tim Collins Commentary U.S. debt is blasting toward the debt ceiling it recently raised—just over a month ago—like a SpaceX rocket heading for low…
By Bloomberg Eskom Holding’s creditors started working with financial advisory firm Rothschild & Co. as South Africa’s struggling power utility prepares a long-awaited reorganization…
By JUDE CHAN CHINESE developer Sunshine 100 China Holdings has defaulted on US$178.9 million of debt and interest payments due Sunday (Dec 5), as the…