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China $3 trillion local government debt stirs alarm

Dec 31, 2013

China $3 trillion local government debt stirs alarm

Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming. #China #GDP #markets #Government debt #National Audit Office
US public debt now at whopping $17 trillion after debt ceiling increase

Oct 19, 2013

US public debt now at whopping $17 trillion after debt ceiling increase

The public debt of United States has increased to a whopping USD 17 trillion after the Congress increase the debt ceiling this week #US #US Treasury #US Federal Reserve #USA #US debt #Government debt #US government #Debt ceiling #US public debt
US govt debt is a risk but don't fret over it

Oct 17, 2013

US govt debt is a risk but don't fret over it

Everyday lives have to continue despite governments running high debt as unless there is a real, near term risk of default due to lack of money to pay creditors, the risk may only be on paper. The paper risk may exist for a long period of time, maybe for generations. Hence, selling all assets and buying gold or some other so called safe haven asset may never work in this generation or even the next. #United States #US Senate #US government debt #US Debt Ceiling #US shutdown
US shutdown: Lawmakers hold meetings to hasten end, raise debt ceiling

Oct 15, 2013

US shutdown: Lawmakers hold meetings to hasten end, raise debt ceiling

US lawmakers today held a flurry of negotiations and expressed optimism over a potential deal that could end the government shutdown #Barack Obama #US #US congress #Republicans #US government #US government debt #W #Debt ceiling #US government shutdown
US govt shuts down for first time in 17 yrs: Here's how it will impact

Oct 01, 2013

US govt shuts down for first time in 17 yrs: Here's how it will impact

Much of the impact or relative lack of disruption is determined by whether agencies are partly funded by industry user fees or deemed to be essential services. #United States #Obama #HowThisWorks #Barack Obama #US government #US government debt #Obamacare #US government shut down

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Will Hindalco and Tata Steel lead a revival of corp bond mkt?

Apr 24, 2012

Will Hindalco and Tata Steel lead a revival of corp bond mkt?

The fact that these two companies could place debt at seemingly fine levels at a time when FIIs are cooling towards Indian bonds has woken up a dormant corporate bond market from its slumber. #Business/Finance #HowThisWorks #Debt #Corporate bond #Government debt
Budget 2012 primer: What does govt spend money on?

Mar 06, 2012

Budget 2012 primer: What does govt spend money on?

Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure. #oil prices #Gross Domestic Product #Union budget of India #Deficit #Government debt #Budget 2012 #BudgetAnalysis

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Budget 2012 primer: What does govt spend money on?

Jul 08, 2014

Italian finance minister says key goals are structural reforms, not easing debt rules

Italy's finance minister says his country and the European Union must focus on pushing through structural reforms to boost growth, not rely on easing rules limiting government debt... #European Union #Brussels
Budget 2012 primer: What does govt spend money on?

Jun 27, 2014

EU leaders at odds over bid by Italy, Belgium, others to ease bloc's budget, debt rules

European Union leaders are clashing over whether to loosen the bloc's rules overseeing national budgets and limiting how much debt governments may take on... #European Union #Belgium #Brussels
Budget 2012 primer: What does govt spend money on?

Jun 24, 2014

Going to college is still worthwhile financially, study says

Going to college is still a worthwhile financial investment despite soaring tuition costs and burdensome student debt, according to a new government study... #European Union #Belgium #Brussels