United States

Credit Rating Downgrade -- Politicians Play While America Loses

Howard Steven Friedman | Posted 10.08.2011

Howard Steven Friedman

This credit rating shift will certainly prompt a series of finger pointing exercises -- from those who manufactured the debt ceiling crisis to those who allowed the crisis to occur in the first place. In the end, it is America that loses in these games.

U.S. Downgrade Heralds A New Financial Era

PIMCO | Mohamed A. El-Erian | Posted 10.06.2011

There will be endless debate on whether S&P, the rating agency, was justified in stripping America of its AAA rating and — adding insult to injury ...

A New Girls' And Women's Literacy Empowerment Movement

Pam Allyn | Posted 10.01.2011

Pam Allyn

My LitWorld team has just returned from a trip to work with the girls and women leading our Girls LitClub initiative in Kenya. Join me on this journey.

After the Debt Ceiling, What's Next?

Francine Hardaway | Posted 09.30.2011

Francine Hardaway

Few people are concerned about the elderly, the poor, and the sick. Rather, this debt deal, like everything else, is driven by fear of disturbing the Asian markets. We are worrying about the downgrade, not the citizens

Moody's: U.S. Should Retain Top Credit Rating If Bondholders Get Paid

AP | MARTIN CRUTSINGER | Posted 09.28.2011

WASHINGTON — Moody's Investors Service said late Friday that the United States should be able to keep its triple-A credit rating as long as Wash...

What Soon-To-Be 'Free' Divorcing NFL Players Need To Know

Andrew Feldstein | Posted 09.28.2011

Andrew Feldstein

With the end of the NFL strike there will no doubt soon be a flurry of trades and movement by free agents. As these individuals make decisions that wi...

7 OECD Countries with the Highest Incarceration Rates: US and Israel Top List!

Howard Steven Friedman | Posted 09.28.2011

Howard Steven Friedman

As the U.S. continues loading its jails and looking for new places to build larger prisons, we should be asking more questions. Why does the U.S. need so many more prisoners than other countries?

Apple Now Has More Cash Than the U.S. Government

Financial Post | Matt Hartley | Posted 09.28.2011

Steve Jobs is now more liquid than Uncle Sam. While it’s highly unlikely that President Barack Obama is looking to ask the founder and chief exec...

Christine Lagarde on Sovereign Debt, Growth and Social Instability

iMFdirect | Posted 09.25.2011

iMFdirect

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...

Between a Rock and a Hard Place: U.S. Fiscal Policy

Rodrigo Valdés | Posted 09.25.2011

Rodrigo Valdés

Putting public debt on a sustainable path, say, stabilizing its ratio to the size of the economy by mid-decade and then lowering it gradually, requires a fiscal adjustment whose size and scope depends on two key variables.

U.S. Move To One-World Accounting Standards Cast Into Serious Doubt

Posted 09.24.2011

y NEW YORK (Dena Aubin) - Once thought inevitable, a decisive move by the United States to one-world accounting is now in serious doubt. Blam...

The Reluctant Superpower

Blythe McGarvie | Posted 09.21.2011

Blythe McGarvie

For the U.S. to capitalize on a new willingness for a strong U.S. foreign presence, that presence must truly serve all people and our ideals, not our interest.

Fitch Ratings Will Decide On U.S. Ratings Outlook In August

Posted 09.19.2011

NEW YORK (Walter Brandimarte) - Fitch Ratings said on Wednesday it will decide next month whether the United States deserves to keep a stable outl...

Clinton Pushes For Clean Stove Initiative

AP | By MATTHEW LEE | Posted 09.19.2011

CHENNAI, India -- U.S. Secretary of State Hillary Rodham Clinton is putting her diplomatic and personal influence behind a campaign to reduce the near...

On Humanity Score Card, Does Libya Trump United States?

Dr. Jeffrey H. Toney | Posted 09.18.2011

Dr. Jeffrey H. Toney

Should nations open themselves up to scrutiny by the United Nations?

A Very Real Threat

Gov. Martin O'Malley | Posted 09.18.2011

Gov. Martin O'Malley

This week, Moodys placed our country's AAA bond rating under review. We are now no longer weeks away from default, we are days.

6 Killed As Fighting Erupts In Yemen, Say Opposition Sources

Reuters | Posted 09.17.2011

SANAA, July 18 (Reuters) - Fighting between government forces and opposition supporters erupted in Yemen's capital Sanaa on Monday, killing six pe...

Credit Rating Agencies Could Be Losing Grip On Financial Markets

Posted 09.17.2011

LONDON (Sinead Cruise and Tommy Wilkes) - Some of the world's largest asset managers are cutting ties to credit rating agencies, potentially signa...

Global Economy's Expansion Will Comes Thanks To Emerging Powers: Poll

Posted 09.17.2011

The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal trouble...

U.S. Government Should Eliminate Debt Ceiling Altogether: Moody's

Posted 09.17.2011

NEW YORK (Walter Brandimarte) - Ratings agency Moody's on Monday suggested the United States should eliminate its statutory limit on government de...

End the Drug War by Rescheduling All Drugs

Robbie Gennet | Posted 09.14.2011

Robbie Gennet

Just like we need trust in our government, we need trust in our drug scheduling policies. So where is the independent task force to reconsider how drugs are scheduled?

Smart Money to Stop Nuclear Terrorism

Joe Cirincione | Posted 09.13.2011

Joe Cirincione

As Congress continues its debates over the national debt and determines national security budget cuts, it should not take the axe to programs that are central to preventing the spread of nuclear weapons and material around the world.

For God's Sake -- Stop Talking

Cliff Schecter | Posted 09.11.2011

Cliff Schecter

Lately, there would seem to be a whole lot more people who have a direct channel to the Big Guy Upstairs than one could have humanly thought possible.

U.S. Recognizes South Sudan As New Nation

AP | Posted 09.08.2011

WASHINGTON -- The United States on Saturday recognized the Republic of South Sudan, the world's newest nation, as a sovereign and independent state. ...

The Interwoven Era: The US, China and its New Aircraft Carrier

Peter Winter | Posted 09.07.2011

Peter Winter

What do a rusting Russian aircraft carrier, two top-ranking military officers, mounting trade deficits and half a trillion dollars in potential oil and gas in the South China Sea have to do with world peace?