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Sovereign Debt Crisis

John Boehner and Paul Ryan's Clean Debt Limit Imperative: Raise and then Raze the Debt Ceiling (Part II)

Victor Williams | Posted 10.26.2016 | Politics
Victor Williams

Paul Ryan is living large. John Boehner is ready to double-dip from the links. Too bad Uncle Sam is bust. Within days, our great nation will be unable to honor its Treasury bond obligations and without funds to issue payments for Social Security, Medicare, Medicaid, Veterans, national defense, federal courts, or any other federal programs.

Global Economy Increasingly Vulnerable To Another Financial Shock

Sheldon Filger | Posted 10.03.2016 | Business
Sheldon Filger

Seven years after the outbreak of the global financial crisis, there are growing indications that the temporary solutions that were imposed through monetary policy by central banks are becoming ineffective. In all likelihood, a new global downturn in economic growth is in the cards.

European Politics Get Edgy

Max Holleran | Posted 04.19.2015 | Politics
Max Holleran

Compared to the antics of Washington, Europe seemed like a preserve of peace and collegiality. But, as 2014 demonstrates, times have changed. EU politics have heated up as the Union meets challenges at every edge.

The Bank Guarantee That Bankrupted Ireland

Ellen Brown | Posted 01.23.2014 | Business
Ellen Brown

The Irish have a long history of being tyrannized, exploited, and oppressed -- from the forced conversion to Christianity in the Dark Ages, to slave t...

15 Things to Know About the U.S. Debt Ceiling and Sovereign Defaults

Sophie Milrom | Posted 01.23.2014 | Business
Sophie Milrom

The US debt ceiling is a legislative limit on the US Treasury's ability to borrow money. It was first created in 1917 and can be modified by Congress. As of this month's agreement, the debt ceiling has been raised 79 times since 1960.

Banks and IMF Ganging Up on Sovereign Debtors

Janet Tavakoli | Posted 01.23.2014 | Business
Janet Tavakoli

The Fed's lending to the global banking system through front and back doors has distorted the value of U.S. dollar. Foreign central banks engage in money printing to keep in step. As a result, we've inflated distorted asset bubbles on a scale never before seen in the history of the world.

LOOK: Thousands Rally Against European Austerity In May Day Protests

Reuters | Posted 07.01.2013 | Home

By Clare Kane MADRID, May 1 (Reuters) - Workers hit by lower living standards and record high unemployment staged May Day protests ac...

What Happened To France's Voice In Europe?

Reuters | Posted 06.24.2013 | Home

By Luke Baker and Mark John BRUSSELS/PARIS, April 24 (Reuters) - A few hours after midnight one Sunday last month, as negotiations ove...

Italian Election Results Renew Euro Zone Crisis Fears

Reuters | Posted 04.28.2013 | Home

By Sudip Kar-Gupta LONDON, Feb 26 (Reuters) - European shares tumbled on Tuesday after an Italian election stalemate threatened a rene...

Italian Election Results Have Investors Worried

Reuters | Posted 04.27.2013 | Home

* Beppe Grillo's 5-Star Movement stuns Italy * Centre-left coalition wins lower house but fails to control Senate * Fin...

Protests Mark Merkel's First Greece Visit During Crisis

Reuters | Posted 12.08.2012 | Home

By Noah Barkin and Karolina Tagaris ATHENS, Oct 9 (Reuters) - German Chancellor Angela Merkel flew to the heart of Europe's debt cris...

El Huffington Post Blog: How Spanish Youth Lost The Battle Against Unemployment

Posted 10.08.2012 | Home

Last week, blogger Carlos M. Duarte published a post on HufPost Spain about how his daughter, who despite having a master's degree and proficiency in ...

What Is Hollande's Plan For France?

Reuters | Posted 12.07.2012 | Home

By Mark John PARIS, Oct 7 (Reuters) - Just five months after bringing Francois Hollande to power, many French voters are already desp...

Inflation Is Not the Solution to the Economic Crisis

Sheldon Filger | Posted 10.20.2012 | Business
Sheldon Filger

Why would inflation, a fiscal and monetary circumstance which human beings by instinct regard as an ill omen, be seen in such positive hues by economists as renowned as Nobel Prize winner Paul Krugman?

5 Reasons For Spain's Economic Fail

Posted 07.24.2012 | Home

MADRID — Spain's financial crisis is a lot like peeling an onion: remove one troubled layer and you expose another. Repeated efforts since 2009 b...

Major Retailer Overcomes Europe Woes

Reuters | Posted 08.20.2012 | Business

* Q2 pretax profit 7.1 bln SEK vs consensus 6.6 bln * Gross margin unchanged at 61.7 pct vs f'cast 61.1 pct * Says took ...

Mark Gongloff

This Will Make You Care About The Crisis In Europe | Mark Gongloff | Posted 06.12.2012 | Business

Hello, American reader. We know there are things in this world you care very deeply about: The NBA finals, the "True Blood" premiere, Apple's shiny ne...

Mark Gongloff

Big Questions Remain After Spanish Bailout | Mark Gongloff | Posted 06.09.2012 | Business

While European soccer players were expertly kicking the ball down the field this weekend in the Euro 2012 tournament, European finance ministers were ...

D.M. Levine

Planning for Default | D.M. Levine | Posted 06.08.2012 | Business

Goldman Sachs is preparing for possible sovereign defaults in Europe, the company's CEO said Friday. "It's in the nature of contingency planning an...

Greece: Still Going Broke, Now With Bullwhips

The Huffington Post | Mark Gongloff | Posted 08.06.2012 | Business

If you could rely on anything in the past couple of years, it is that Greece is always going broke. Now it turns out that Greece is going broke faster...

Spain On The Brink

Reuters | Posted 08.05.2012 | Business

* Treasury minister says risk premium shows Spain shut out * Says Spanish banks should get European capital boost * Germ...

How Greece Could Take Down Wall Street

Ellen Brown | Posted 04.22.2012 | Business
Ellen Brown

A definitive Greek default is thought by some analysts to be quite likely, and to be coming soon.

Five Problems With The Greek Debt Deal

The Huffington Post | Mark Gongloff | Posted 02.21.2012 | Business

There are only three greater sources of confusion in the world than what's going on in Greece, and they are all found in quantum physics, David Lynch ...

Greece, Germany and the Eurozone Sovereign Debt Crisis

Sheldon Filger | Posted 04.17.2012 | Business
Sheldon Filger

The concept that a common currency can be used by 16 nations with vastly different economic and fiscal policies was sheer folly. The current Eurozone debt crisis is not only an acute economic and debt crisis. It is also political farce, with a heavy dose of irony.

Global Economic Crisis 2012

Sheldon Filger | Posted 03.04.2012 | Business
Sheldon Filger

All signs point to 2012 witnessing an acceleration of the negative economic and fiscal metrics that plagued advanced and major emerging economies in 2011.