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Sovereign Debt

ECB Paddles Both Ways in the Rubicon

Stephen G. Cecchetti | Posted 04.11.2015 | Business
Stephen G. Cecchetti

On January 22, the ECB crossed the Rubicon twice -- but in opposite directions. In an effort to combat deflation and years of anemic growth, the central bank announced a sustained program of large-scale asset purchases.

Whoever Occupies the White House in 2013, a Political-Economic Crisis Is Inevitable

Andy Langenkamp | Posted 11.04.2012 | Politics
Andy Langenkamp

It doesn't matter who will live in the White House next year, the country will continue to sink into the mire as long as the two political parties are in street-fighting mode, and economists fly at each others' throats because they do not agree on a solution to the debt issue.

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...

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...

Mark Gongloff

Reality Check Sends Stocks To Worst Loss of 2012 | Mark Gongloff | Posted 03.06.2012 | Business

Boy, the stock market sure sobered up in a hurry, didn't it? All at once, after rallying relentlessly all year, stocks caught a case of the heebie-...

See How Nations' Debt Stacks Up To Their Famous Buildings [GRAPHIC]

The Huffington Post | Posted 02.13.2012 | Business

Greece's huge amounts of sovereign debt put the Eurozone's economy in jeopardy and had consequences for the global economy. But, Greece isn't alone...

Credit Raters and the Conventional Wisdom

Robert Teitelman | Posted 02.14.2012 | Business
Robert Teitelman

There is no way to "fix" the credit raters, just as there is no way anyone in his right mind believes that the price of a stock today will last more than a few minutes.

U.S. Works To Safeguard Itself From European Debt Crisis

Posted 11.14.2011 | Business

(David Lawder and Glenn Somerville) - The United States is ramping up attempts to safeguard its financial system from a worsening of Europe's debt cri...

Bonnie Kavoussi

Europe Struggles To Expand Bailout Fund | Bonnie Kavoussi | Posted 01.11.2012 | Business

Two weeks after European leaders trumpeted an agreement to expand a bailout fund they said would finally become large enough to prevent major countrie...

The European Agreement Offers Other People's Money

Georges Ugeux | Posted 12.27.2011 | Business
Georges Ugeux

The simple notion that China might be part of that new fund is sending waves throughout Europe. Does Europe need the IMF and China to resolve a $500 billion problem?

Stagflation Risk and What This Means for Stocks

Gemma Godfrey | Posted 12.19.2011 | Business
Gemma Godfrey

As the outlook for growth continues to deteriorate, whilst the price for goods and services remain stubbornly high, the risk of stagflation returns. This would be a tough scenario, where policy options tackling one of these issues would only worsen the other.

'Depression' Again Being Used To Describe Economic Landscape

Posted 12.05.2011 | Business

(Mike Dolan) - You know it's grim when the prevailing debate among economists and historians is whether the world economy faces the "Great" depression...

PIMCO CEO: European Leaders 'Making It Up As They Go Along'

The Huffington Post | Harry Bradford | Posted 11.30.2011 | Business

Policymakers in Europe may be making the economic crisis work instead of better, according to Mohamed El-Erian, CEO of PIMCO, the world's largest inve...

Euro Officials Warning 'Systemic' Crisis Risks New Credit Crunch

Posted 11.14.2011 | Business

(John O'Donnell) - The EU's top finance officials are urging ministers to reinforce banks' capital while warning that a "systemic" crisis in sovereign...

Credit Ratings Matter for Those Who Need Them Most

Otaviano Canuto | Posted 10.18.2011 | World
Otaviano Canuto

Think of what would happen if you lived in one of the 58 developing countries that remain unrated by Standard & Poor's, Moody's and Fitch. You would have very limited access to capital and investment, and the cost of borrowing would be significantly higher.

Scapegoats For Stock Market Volatility

New York Times | FLOYD NORRIS | Posted 10.15.2011 | Business

As is often the case when market gyrations become excessive, governments have good reasons to hope that the significance, if any, lies in market imper...

After Downgrade, Americans Must Drive Tea Party From Power

Fernando Espuelas | Posted 10.08.2011 | Politics
Fernando Espuelas

The world's most powerful country was brought to the edge of financial chaos by Mrs. Bachmann and her Tea Party cohorts. Americans should never forget the damage that they have caused the whole nation.

Christine Lagarde on Sovereign Debt, Growth and Social Instability

iMFdirect | Posted 09.25.2011 | Business

The IMF chief gave a speech in New York City today that sets out how the IMF can help countries tackle this troika of challenges to the global economy...

The Solution Is More, Not Less Europe

Antonio Borges | Posted 09.18.2011 | Business
Antonio Borges

It is hard to hold the course in the middle of a storm, but European policymakers need to if they want European integration to succeed.

George Soros: Greek Default Might Be 'Inevitable'

Posted 09.11.2011 | Business

Greece is heading for default, or at least a devaluation, and European Union (EU) leaders have to adopt a "plan B" to stem contagion to the rest of th...

Small Business and Sovereign Debt

Grace Fodor | Posted 09.06.2011 | Business
Grace Fodor

When Lehman fell in 2008, we were growing our fledgling beauty business at around 400 percent year on year with all of the risks and challenges that involves.

Pushing on a String?

Charles Kolb | Posted 08.31.2011 | Politics
Charles Kolb

The Obama administration is now out of ammunition: neither monetary nor fiscal policy options are available to stimulate economic growth, reduce unemployment, and encourage consumer spending.

How China Stiffs Its Own Creditors

Ian Fletcher | Posted 07.23.2011 | Business
Ian Fletcher

Either the People's Republic of China is the successor state to Nationalist China, in which case it must honor the latter's debts, or it isn't, in which case it is not the legitimate government of the country.

More, Not Less, Financial Integration Needed in Europe

Antonio Borges | Posted 07.12.2011 | Business
Antonio Borges

Banks -- and the loans they provided in the run-up to the crisis -- are at the heart of Europe's problems today. Policies to promote deeper integration of Europe's banks should be part of the solution.

World Banks Face $3.6 Trillion "Wall Of Maturing Debt," IMF Warns

Posted 06.13.2011 | Business

WASHINGTON (By Emily Kaiser) - The world's banks face a $3.6 trillion "wall of maturing debt" in the next two years and must compete with debt-laden g...