Posted on February 21, 2011 by
ECB policymaker Axel Weber said on Monday that debt-strained euro zone countries must make the most of the breathing space bought by aid measures and warned the hardest part of the reform process was still ahead.
Continue ReadingPosted on February 2, 2011 by
Interest payments on the national debt could total $5.5 trillion over the next decade, or about 79% of the new debt estimated to accrue between 2012 and 2021.
Continue ReadingPosted on January 28, 2011 by
Thirty-five debt management companies have had to surrender their licences to the Office of Fair Trading.
Continue ReadingPosted on January 26, 2011 by
The elderly are increasingly in debt , experts say — and their families often have no idea.
Continue ReadingPosted on January 24, 2011 by
It is now far more likely that the I.M.F.
Continue ReadingPosted on January 20, 2011 by
The amount of U.S. debt subject to the country’s legal maximum has topped $14 trillion for the first time.
Continue ReadingPosted on January 19, 2011 by
In the process of doubling global debt , there may ‘even’ be “hotspots” – here are the key regions and the primary drivers for debt growth: retail segment credit, wholesale segment credit, and of course, government segment: …
Continue ReadingPosted on January 14, 2011 by
I keep hearing people erroneously claim that China is funding US deficit spending. It seems that every eejit with a fundamental misunderstanding of mathematics.
Continue ReadingPosted on January 13, 2011 by
— The intensifying European debt crisis appeared to take a step back from the brink on Wednesday when besieged Portugal was able to sell more than €1.2bn in long-term debt at much lower than expected interest rates.
Continue ReadingPosted on January 10, 2011 by
Without changing the tax-cut policy, which does not match government spending cuts, the demand for raising the debt ceiling will automatically increase.
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