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Sovereign Debt

'Combination of Worries' Gets Attention in Davos (Video)

iMFdirect | Posted 05.25.2011 | Business
iMFdirect

Europe's sovereign debt crisis, fiscal challenges in advanced economies, concerns about overheating in emerging market countries, and the impact of rising food prices. These were the hot topics this year in Davos.

Ireland Credit Rating Slashed To 3 Grades Above Junk

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | Business

DUBLIN — Moody's slashed Ireland's credit rating five notches on Friday and warned of further downgrades if the country cannot regain command of...

Carmen Reinhart Warns That High Unemployment Could Last 10 Years

The New York Times | SEWELL CHAN | Posted 05.25.2011 | Business

The American economy could experience painfully slow growth and stubbornly high unemployment for a decade or longer as a result of the 2007 collapse o...

Funeral For a European Myth

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Here we go again -- the death of another myth, namely the one that Europe's worrisome sovereign debt crisis has run its course. Far more likely, the evidence shows, we're in for a rerun.

A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and Regulators, Which Also Helps Delinquent Mortgagees

Reggie Middleton | Posted 05.25.2011 | Business
Reggie Middleton

Last week, I made clear to my readers and subscribers that the bank malaise is not over, despite what may appear to be encouraging moves by the exec...

Why the U.S. Need Not Fear a Sovereign Debt Crisis: Unlike Greece, It Is Actually Sovereign

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Last week, a Chinese rating agency downgraded U.S. debt. The downgrade renewed fears that the sovereign debt crisis that began in Greece will soon reach America.

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

The Ten Countries With The Riskiest Sovereign Debt (PHOTOS)

Posted 05.25.2011 | Business

The Telegraph reports that the Bank for International Settlements is warning investors of a looming sovereign debt crisis in the developed world. "The...

Frantic EU Scrambles For Solution To Greek Debt Crisis As Euro Plummets

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — European leaders are facing a moment of truth at a Thursday summit, as markets press them to come up with a financial safety net for ...

"The Vicious Circle of Debt and Depression: It Is a Class war

Ismael Hossein-zadeh | Posted 05.25.2011 | Home
Ismael Hossein-zadeh

Never before has so much debt been imposed on so many people by so few financial operatives--operatives who work from Wall Street, the largest casino ...

Federal Pay Cut Is 'Only Way' To Conquer Deficit: Forbes

forbes.com | Brian S. Wesbury and Robert Stein | Posted 05.25.2011 | Business

If the United States were a large company, Brian Wesbury and Robert Stein write, "the solution would be a no-brainer: It would be time for a big pay c...

Financial Apocalyspe For One Nation

Slate Magazine | Charles Munger | Posted 05.25.2011 | Business

From Munger's parable of "Basicland," an imaginary -- though extremely recognizable -- economy: "Basicland's investment and commercial bankers were ...

The Banks And Insurers That Will Get Hit The Hardest If Greece Collapses

businessinsider.com | Gregory White | Posted 05.25.2011 | Business

We've gone through the research to figure out the banking systems, insurance companies, and countries that will get slammed if it all falls through....

Greek Stocks Down 3.9% In 'A Wholesale Selling Off Of The Country'

wsj.com | ALKMAN GRANITSAS | Posted 05.25.2011 | Business

The Athens Stock Exchange's general index closed 3.9% lower at 1806.40 on relatively heavy turnover, while major markets firmed. Investors also demand...

Greece, Portugal Debt Worries Drag Down World Markets

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — Asian stocks tumbled Friday as ballooning European debt and a rise in U.S. unemployment claims added to fears the global recovery coul...

Nouriel Roubini And Arpitha Bykere: The Coming Sovereign Debt Crisis

forbes.com | Nouriel Roubini and Arpitha Bykere | Posted 05.25.2011 | Business

The severe recession, combined with a financial crisis during 2008-09, worsened the fiscal positions of developed countries due to stimulus spending, ...

Western Governments' Debt Concerns grow over sovereign debt risk

ft.com | Rachel Sanderson and Gillian Tett | Posted 05.25.2011 | Business

After two years of worrying about mortgage and corporate risk, attention is now shifting to managing the risk of country defaults and bankruptcies of ...