Forbes is referring to gross national debt –which includes publicly held debt as well as the amount the government owes trust funds for Social Security and Medicare. The gross debt was about $15.2 trillion on the day the …
Feb. 3 (Bloomberg) — Willem Buiter, chief economist at Citigroup Inc., talks about Europe’s sovereign debt crisis and its impact on the global economy. Buiter also discusses the prospects China may help to resolve Europe’s debt problems
Feb. 2 (Bloomberg) — Hans Humes, president of Greylock Capital Management, talks about Europe’s sovereign-debt crisis. Humes also discusses Greylock’s investment strategy and emerging-market debt.
New figures from the Congressional Budget Office indicate that the government will hit its debt limit before the end of the year — though exactly how long before is still unclear. If it comes before November that could have ..
South Korea's household debt burden has been stabilising and the debt structure improving since the government adopted measures to control it last year, its finance minister said on Monday.
The Government’s debt has smashed through the £1 trillion barrier for the first time despite a bigger-than-expected fall in borrowing in December, figures revealed today
www.euronews.net European Commission, International Monetary Fund and European Central Bank inspectors have arrived in Greece to try to reach agreement on a second rescue loan and avoid a messy Greek default. The meeting of the so-called ‘troika’ with the Greek finance minister adds to the pressure on the government, which is trying to reach a deal with private creditors on writing down the country’s debt.
Republicans controlling the House have passed a symbolic measure, recording their opposition to the President's decision to raise the government's borrowing cap.
www.euronews.net Danish Prime Minister Helle Thorning-Schmidt has outlined her government’s EU presidency priorities to the European Parliament. Addressing MEPs in Strasbourg she admitted the next six months would be a challenge, but insisted Denmark would not be daunted.
WASHINGTON — The House on Wednesday is kicking off another session under GOP control by staging a politically-fueled vote against raising the government's borrowing cap by $1.2 trillion as permitted under last summer's …