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Sweden moves one step closer to outlawing forced marriages

Iran found to have more enriched uranium

Jimmy Kimmel offers to mediate in Pacquiao-Mayweather fight

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Credit economics News

Op-Ed: Big lenders propose debt forgiveness in U.S. credit card crisis

The rectangular ulcer has now become a killer. Economically, credit card debt default has been another trillion dollar headache. Bigger than the bailouts, and much quieter, the Credit Card Cringe has done some real damage.

In the Media by Paul Wallis - 2 comments

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Credit economics

Credit economics Headlines

AUDIO: What does 'negative outlook' mean?

The credit ratings agency Moody's has updated its credit ratings, placing negative outlooks on the UK. The BBC's economics editor Stephanie Flanders explains what it means.

EU criticises ratings downgrade

The EU's top economic official hits out at a decision by Standard and Poor's to downgrade the credit ratings of nine eurozone countries.

Spain's jobless rate nears 25% as economic crisis worsens

Spain's economic woes deepened alarmingly Friday as the government revealed that unemployment rising to near 25 per cent, a day after a credit ratings agency downgraded the country's debt rating and warned it faced an uphill battle to get a grip on its finances.

Fitch downgrades 5 eurozone countries

Ratings agency Fitch downgraded the credit ratings of five eurozone nations Friday, including economic heavyweights Italy and Spain.

VIDEO: Qatar's small business stock market

Getting hold of finance is one of the biggest challenges faced by small and medium sized businesses in the current economic climate, with credit often hard to obtain even in wealthy countries.