According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 ...
As I write, Europe's leaders are still meeting in Brussels, wrestling for the nth time with a debt-restructuring scheme for Greece and, much more important, a plan to address the wider European ...
In addition to concerns about their own nation's financial situation, many Americans are worried that Europe's debt woes will spill onto U.S. shores. Fortunately, U.S. financial institutions' direct ...
While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is bringing the country’s debt problem to a head.
Brother can you spare a Euro (Photo: Cathal McNaughton/REUTERS) Let’s just be blunt: The Eurozone’s bailout program has failed. It’s not solving the underlying causes of the European debt crisis; it ...
July doesn't look so promising anymore. The European debt crisis appears to be widening, with concerns about government debt defaults spreading beyond Greece to much larger countries like Italy and ...
After three days of bad news about Europe's debt crisis sent Asian and European markets down Monday, it was Wall Street's turn. The Dow Jones industrial average fell as many as 180 points before ...
A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...
It would be good news for Europe if a powerful and independent IMF were to take a more prominent role in its sovereign crisis. With her first important speech as managing director of the IMF, ...
The sovereign debt crisis in Europe has all but closed the debt capital markets, with new issuance limited to only a few banks. HSBC’s global head of debt capital markets, Spencer Lake, talks to ...
Yields on Italian 10-year bonds jumped on the news. They are still well below the more dangerous levels reached over the summer, but the negative reaction from investors to Monti’s decision tells us ...
The European Union has already bailed out Greece and Ireland. Now, after Portuguese Prime Minister Jose Socrates offered his resignation on Wednesday following parliament's rejection of his deficit- ...