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Republicans have damaged US economy, credibility: Obama

Oct 17, 2013

Republicans have damaged US economy, credibility: Obama

President Barack Obama on Thursday blasted Republican opponents who he said had damaged America's economy and credibility, issuing a stern rebuke from the White House after a prolonged standoff that forced a government shutdown and threatened default #Barack Obama #US congress #USA #Republicans #US debt crisis #Joe Biden #US government #Obamacare #Debt ceiling #US government shutdown
The $1 trillion coin: Krugman's loony idea to save US

Jan 09, 2013

The $1 trillion coin: Krugman's loony idea to save US

Economist Paul Krugman's silly idea to get over the Republican refusal to raise the US debt ceiling is a dangerous one. It will destroy all trust in the dollar #US Federal Reserve #Paul Krugman #US debt crisis #US fiscal cliff #$1 trillion Platinum Coin
Is US the next Greece? Watch out for a dollar debacle

Jul 04, 2012

Is US the next Greece? Watch out for a dollar debacle

If one looks at the structure of US debts, the picture looks worse than Greece. Sooner or later there will be hell to pay. The question is who will pay? #Eurozone #US debt crisis #Mises Post #Dollar Debacle
Failure to cut debt will jeopardise US security: Panetta

Nov 22, 2011

Failure to cut debt will jeopardise US security: Panetta

US Defence Secretary Leon Pannetta has expressed displeasure over the congressional super-committee's failure to reach a consensus on the debt reduction plan. US faces nearly $1.3 trillion deficit in the fiscal year by September. #Leon Panetta #US debt crisis

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Debt Crisis

Jun 25, 2014

Dubai's Nakheel to Repay Bank Debt

Nakheel, a large government-owned property developer in Dubai, plans to repay all its bank debt early using cash generated from sales amid a pickup in the Persian Gulf emirate's crisis-hit property market... #Persian Gulf #Dubai
Debt Crisis

Jul 22, 2014

UK public finances weaker than expected in June business live

Rolling business and financial news through the day Latest: UK borrowed £11.4bn in June, more than forecast Reuters: Osborne has a lot of catching up to do The key charts Earlier: Royal Mail hit by weak parcels revenue Swiss bank says it 'deeply regr... #Switzerland #George Osborne #United Kingdom #Central Bureau of Investigation
Debt Crisis

Jul 11, 2014

Asian stocks weak amid new Europe jitters

(AP) -- Asian stock markets were muted Friday, following the lead of Wall Street traders spooked by worries about the soundness of a bank in Portugal that raised the specter of more financial turmoil in Europe. Japan's Nikkei 225 slipped 0.3 percent ... #China #Europe #Taiwan #Hong Kong #London #Shanghai #New York Mercantile Exchange #FTSE #Wall Street #Credit Agricole #Nikkei 225