debt crisis

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Latest blogosphere posts tagged “debt crisis”

  • 9 Things I Learned in 2009: From Liquidity Crisis to Sovereign Debt Crisis


    JordonCooper.comAuthority Authority: 548
    30 days after 9/11, I was in Seattle listening to Leonard Sweet talk at Soularize .  He was saying before others that 9/11 would change everything and he was right in many ways but I think people will look back at the credit meltdown in 2008 and the response of world governments in 2009 as a big or bigger world ...
    4 days ago
  • Hawaii Welcomes Home President Obama


    Alohapolitics.comAuthority Authority: 125
    From the Honolulu Star Bulletin comes some nasty news. Go here for the full story: Hawaii dimmed by education, election, health cuts Hawaii public schools are closed most Fridays, rats scurry across bananas in uninspected stores and there may not be enough money to run the next election. About the only parts of ...
    5 days ago
  • Have Things Turned the Corner for Funding Aussie Mortgage Growth?


    The Daily Reckoning AustraliaAuthority Authority: 525
    It ought to be fairly quiet this week. The markets are open this week but everyones in transit to 2010. The airport here in Melbourne is full of people going home for the holidays, including your editor. But just because something ought to be so doesnt make it so. For example, oil ought to be heading lower - or at ...
    6 days ago
  • SWOT: Gold Market


    GreenLightAdvisor ViewsAuthority Authority: 142
    Gold Market For the week, spot gold closed at $1,113.20 per ounce, down $2.20, or 0.20 percent. Gold equities, as measured by the XAU Gold & Silver Index (XAU), lost 3.13 percent for the week. The U.S. Trade-Weighted Dollar Index (DXY) gained 1.51 percent. Strengths Data from India’s Association of ...
    6 days ago
  • Government Budgets Grow As Financial Situation Deteriorates


    Boom2Bust.comAuthority Authority: 433
    Anyone else besides me concerned about the following? From what I’ve seen/heard, there hasn’t been much of a fuss made over this. From the Associated Press on Wednesday night: President Barack Obama has signed into law a $1.1 trillion bill that increases the budgets in many areas of the government by about 10 ...
    1 week ago
  • A Sovereign Debt Crisis Bullish for U.S. Dollar and Bearish for Gold


    The Daily Reckoning AustraliaAuthority Authority: 525
    Imagine a sovereign debt crisis being bullish for the U.S. dollar and bearish for gold. In fact you dont have to imagine it all. Or be insane. Bloomberg reports that, "Dollar Rises as Stocks, Commodities Fall in Flight From Risk." February gold futures fell below $1,100, down 2.5%. The Dow Jones Industrials fell ...
    1 week ago
  • Sovereign Government Debt Defaults Come Full Circle


    StupidicaAuthority Authority: 177
    Sovereign Government Debt Defaults Come Full Circle Economics / Global Debt Crisis Dec 15, 2009 - 10:58 AM By: Jim_Willie_CB The continuation of the bank dominoes took 14 months, but it occurred. The initial destructive impact craters were carved in the United States and England. To be sure, major damage was done to ...
    1 week ago
  • The China Bubble


    China Digital Times (CDT)Authority Authority: 540
    In Forbes , Gady Epstein writes that “a fast-growing pile of dicey debt” is responsible for China’s surging economy, but the bubble may soon burst: Signs of the times: government bureaucracies funding themselves by foisting debt on state-owned business enterprises; local governments raising capital by selling ...
    1 week ago
  • Plan offered to avoid a debt crisis


    Money employment & careers - money-employment.marc8.comAuthority Authority: 150
    More than 30 leading budget experts on Monday prescribed a course for deficit reduction that the nation needs to take if it wants to "buy some breathing room" to avoid a debt crisis.
    1 week ago
  • How Do We Account for TARP Transactions?


    Wall St. Cheat SheetAuthority Authority: 567
    Amidst all recent clamors for using TARP paybacks to reduce the deficit, there seems to be little discussion about how TARP appropriations figured in deficit estimates. To add to the overall confusion, TARP transactions can be accounted for in two ways, according to Harvard Professor Greg Mankiw : The U.S. Treasury ...
    1 week ago
  • What Could Lift the Dollar?


    Jutia GroupAuthority Authority: 578
    The most recent employment data in the U.S. came in significantly better than what was expected. And the financial markets reacted in a different way this time. Interest rates went screaming higher, the stock market surged, gold fell and the dollar shot up. In a normal environment a stronger dollar following ...
    1 week ago
  • Abu Dhabi steps in with $10 bn to bail-out of Dubai World


    Thaindian NewsAuthority Authority: 732
    Dubai, Dec 14 (IANS) Peer emirate Abu Dhabi Monday had a a pleasant surprise for the financial world Monday, stepping in with a $10 billion bail-out offer for Dubai World that is caught in a multibillion dollar debt crisis.“The Government of Abu Dhabi and the UAE Central Bank have agreed to provide important ...
    1 week ago
  • Pre-Budget report: A Government addicted to spending


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 971
    Far from using tax rises to cut crippling debt, Alistair Darling is acting as if there were no crisis, says Norman Lamont.
    2 weeks ago
  • Important News - Dec. 09


    InvestmentWatchAuthority Authority: 157
    1) Sovereign debt fears weighing on world markets (”global debt crisis”) “Sentiment in the market has been knocked in the last couple of days by worries about a global debt crisis. Moody’s Investor Services said the United States and Britain must get a grip on their public finances to avoid threats to ...
    2 weeks ago
  • Standard Chartered bank upbeat on Dubai, profits (AFP)


    Relevant NewsAuthority Authority: 178
    AFP - British-based emerging markets bank Standard Chartered said on Wednesday that it did not expect "material" charges arising from the Dubai debt crisis -- and forecast record profits this year.
    2 weeks ago
  • Greece Faces Severe Economic Crisis Over Public Debt


    Global Economic CrisisAuthority Authority: 116
    Within the Eurozone Greece has the highest ratio of public debt to GDP, currently at 125%, prompting Fitch to lower the nation’s credit rating. Other rating agencies are likely to follow. The Greek stock market is in a tailspin, while Athens is coping with both an acute financial crisis and social unrest, as a wave ...
    2 weeks ago
  • Dubai stocks slump amid ongoing debt negativity (AFP)


    Relevant NewsAuthority Authority: 178
    AFP - Stock markets in the United Arab Emirates took another beating Tuesday on negative sentiment from a debt crisis that has seen Dubai share prices plummet more than 20 percent in two weeks.
    2 weeks ago
  • The Dubai Crisis and Peak Oil | Energy Bulletin


    Seven Generational RuminationsAuthority Authority: 444
    Dubai is going through an economic melt-down. Theyve been in a massive growth phase and its financed by debt expecting that there would be a continuous influx of tourists. Dubai doesnt have its own oil. Theyve been building a wonderland, but the system depends on people flying to their island. Flying requires ...
    2 weeks ago
  • The Dubai Crisis and Peak Oil | Energy Bulletin


    Seven Generational RuminationsAuthority Authority: 444
    Dubai is going through an economic melt-down. Theyve been in a massive growth phase and its financed by debt expecting that there would be a continuous influx of tourists. Dubai doesnt have its own oil. Theyve been building a wonderland, but the system depends on people flying to their island. Flying requires ...
    2 weeks ago
  • Dubai’s debt


    New World Order University ForumAuthority Authority: 119
    The revelation of the Dubai debt moratorium sent the U.S. stock market down for a day last week. It rebounded the next day when the amount of the debt was reduced in public statements. But let’s try to go behind the TV reporting. Does anybody really know the extent of the Dubai debt obligations? Jeremy Warner at ...
    2 weeks ago

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