By the broadest measure of a country’s ability to repay its debts, Portugal is going deeper into the hole, because its economy is shrinking.
debtsPortugal’s Debt Efforts May Be a Warning for GreeceNYT > Business Tue, 02/14/2012 - 14:19
By the broadest measure of a country’s ability to repay its debts, Portugal is going deeper into the hole, because its economy is shrinking. China plans further cut to railway spendingNewsvine - business Thu, 12/22/2011 - 23:18
China's government announced another cut in railway construction spending Friday amid concern about the debts of the world's biggest rail network and the safety of its showcase bullet trains. Northern Allies Feel Pinch of Germany’s Policy on the EuroNYT > Business Wed, 11/16/2011 - 16:05
Countries that have backed Germany’s call for fiscal discipline elsewhere are realizing austerity could make it harder, and more expensive, for them to pay down their own debts. Bank of America Allegedly Called Grieving Widow '48 Times' a DayDigg - Business & Finance Sat, 09/03/2011 - 19:31
They say you can't take your money with you when you die—and you can't take your debt, either. When people move on to that great air-conditioned lobby in the sky, their banks sometimes ask—and ask, and ask—their grieving families to pay off remaining debts. Tags:
Warren Buffett calls for higher taxes for US super richDigg - Business & Finance Mon, 08/15/2011 - 07:54
The legendary investor, with a personal wealth of $50bn, says the 'mega-rich get extraordinary tax breaks' and must pay more to help America tackle its debts AP-GfK Poll: Worries about debt rising once againNewsvine - business Mon, 07/25/2011 - 11:45
Just last fall, Americans were feeling better about their personal finances. Now they're starting to worry more about how they'll pay off debts as they feel the nation's economic recovery wobbling. China reports local governments owe $1.6 trillionNewsvine - business Mon, 06/27/2011 - 04:57
China has released its first public account of debts owed by its local governments, amid concern about the possible impact on banks if borrowers default. EU may ask investors to give Greece more timeNewsvine - business Tue, 05/17/2011 - 10:58
Greece's private creditors may be asked to give the struggling country more time to repay its debts, the European Union's top economic official said Tuesday, marking an important shift in the region's attitudes towards solving the crisis. Path Is Sought for States to Escape Debt BurdensNYT > Business Thu, 01/20/2011 - 22:06
Policy makers are working to find a way to let states declare bankruptcy and get out from under debts including the pensions they promised public workers. Tags:
News Analysis: In Europe Debt Crisis, Some Call Default a Better...NYT > Business Mon, 11/22/2010 - 14:19
Many economic experts say bailouts only delay the inevitable, and governments should work toward organized restructuring of debts. |