Debt crisis News
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American economist Richard D. Wolff was born on April Fools' Day; in this interview with 'Russia Today', he shows why as he makes a complete and utter fool of himself.
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New York -
Moody's has announced that it has downgraded the credit rating of six European countries, while three other nations had their outlook cut to negative. These downgrades come as the European debt crisis persists and the economy remains weak.
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Rome -
A protest in Rome on Sunday attracted thousands of women demanding greater rights, called for ending discrimination, and blamed a “macho culture” for the crisis in the euro zone’s third-largest economy.
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According to the Standard and Poor agency, fears that Italy will default on its enormous debt has forced a downgrade of its rating to A/A-1, adding massive concerns to Italy’s weakening economic growth prospects.
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London -
A new survey has found that more Britons are buying gold instead of putting their cash into savings. According to the survey, more than 38 percent of Britons say investing in gold is better than keeping cash savings.
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Washington -
As a new semester begins, college student loans are approaching the $1 trillion mark, more than all US households combined owe on their credit cards, and colleges are encouraging the vast student debt as a lingering recession compounds the problem.
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Washington -
Amid growing concerns over a faltering economy, the European debt crisis, and a downgrade to the US credit rating, global markets took a hit on Monday, punctuated by the Dow Jones Industrial Average, which plummeted 633 points.
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Washington -
For the first time in its history, the US began the weekend with news its credit rating had been downgraded, less than a week after President Barack Obama agreed with Republicans to kick the so-called debt crisis down the road just a bit.
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The cause of the debt ceiling debate has been largely ignored. The root cause doesn't stem from Capital Hill. It's from a street 228 miles hard north.
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As the debt-ceiling deadline looms, Republicans need to step the plate and save themselves.
Contrary to popular rhetoric, the current debt crisis is not the fault of Democrats or Republicans. It’s the economy stupid!
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Debt crisis Headlines
Athens blames the EU for not averting the country's debt crisis
Where next for Greece and the eurozone?
An opera about the Greek debt crisis has opened in Germany.
Dutch feel the pinch in eurozone debt crisis
Deutsche Telekom reports a loss due to a drop in demand in Europe, including Greece, because of the eurozone debt crisis.
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College graduation.
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Debt crisis Blogs
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Waterloo, ON - It is my pleasure to introduce to you today the candidate for the Ontario Libertarian Party in...
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The world has to call out all the journalists who fell for the Washington Post "TSA Henry Kissinger Pat-Down" story....
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Fukushima is a disaster that continues to tell the world that nuclear power can't be controlled - which means it can't...
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In any positive relationship, there must be a conscious understanding and careful application of certain relationship...
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The annual May Day shenanigans took place last week. Traditionally May Day was the beginning of summer in the northern...
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