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Government Debt Help News

  • Medard Mulangala Lwakabwanga: Rumble in the Jungle Monday, September 6, 2010 @ 6:31PMIn 1974, the DRC hosted a match between Muhammad Ali and George Foreman. Ali defeated an established opponent running out of ideas and ways to win. This is perhaps a foretaste of how our politics may develop in the coming months.
  • Seattle visit nostalgic for Japan's ambassador to U.S. Monday, September 6, 2010 @ 6:25PMQ & A with Ichiro Fujisaki, Japan's ambassador to the U.S.
  • Europe's Banks Stressed by Sovereign Debts EU Regulators Failed to Examine Monday, September 6, 2010 @ 6:14PMEven after a 750 billion euro ($960 billion) bailout for the weaker economies in the euro zone, investors are skittish about sovereign debt -- and about the banks that hold the region’s government bonds.
  • FACTBOX-Tensions between China and the U.S. Sunday, September 5, 2010 @ 7:54PMSept 6 (Reuters) - Two senior White House advisers, National Economic Council Director Larry Summers and Deputy National Security Adviser Thomas Donilon, are in China for talks covering the two powers' vast and sometimes tense relations. [ID:nN02221793 ]
  • Donald Kohn Says Fed Should Consider More Action Sunday, September 5, 2010 @ 7:35PMDonald L. Kohn, former vice chairman of the Federal Reserve, said that unless the recovery showed signs of “decent progress,” more stimulus might be needed.
  • Emulex Names Benck President, Closes Key Acquisition Sunday, September 5, 2010 @ 2:13PMJeff Benck took over the No. 2 spot as president at Costa Mesa’s Emulex, in the Technology column
  • Restaurant owner runs for Congress as Libertarian Sunday, September 5, 2010 @ 8:20AMMATTAWAN — Fred Strand thinks there's a place in Congress for a small-town restaurant owner who knows when the price of beer jumps 10 percent and how business reacts to a 6 percent increase for Pepsi.
  • Do we need another stimulus? Yes Sunday, September 5, 2010 @ 2:07AMThis is the worst Labor Day for American labor in decades, maybe since the Great Depression. Unemployment, as of July, was at 9.5 percent, and if we add in the people involuntarily working part time or who have given up looking for work, we get 16.5 percent of the labor force. This means that unemployment plus underemployment has risen by about 14.6 million people since the recession began.
  • Both sides of Spenard traffic issue find listener Sunday, September 5, 2010 @ 2:05AMWith the calm personality of a diplomat, Ernie Hall is trying to accomplish something no man or woman has achieved before: an agreement on how to rebuild Spenard Road.
  • McCain takes aim at immigration, health care Sunday, September 5, 2010 @ 1:19AMBULLHEAD CITY — Repealing the new federal health care law and securing the border were the two issues that drew thunderous applause Thursday morning, when Arizona Sen. John McCain promised to do both if he’s re-elected to a fifth term in November.
  • Ukraine May Revive Eurobond Sale If Investors Accept 7% Yield Friday, September 3, 2010 @ 6:42AMUkraine may revive plans to sell Eurobonds this year if investors accept yields of less than 7 percent for seven-year maturities, Prime Minister Mykola Azarov said in an interview.
  • Bernanke: Shut down banks that threaten system Friday, September 3, 2010 @ 6:16AMWASHINGTON — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
  • Solons rap gov't proposal on dole-outs Friday, September 3, 2010 @ 6:08AMLawmakers on Friday heaped criticisms on the Aquino administration’s proposal to increase funds of dole-out programs under the Department of Social Welfare of Development (DSWD), while slashing the budget of key agencies such as the Department of Agriculture (DA) and the Department of Agrarian Reform (DAR).
  • Parken offices half empty Friday, September 3, 2010 @ 5:36AMThe newly-constructed office towers at Parken Stadium are still less than half full, with experts warning that the aim of its owner, Parken Sport & Entertainment (PSE), to have them filled within two years is highly unrealistic.
  • Fewer Young Voters See Themselves as Democrats Thursday, September 2, 2010 @ 9:13PMThough many students are liberals on social issues, the economic reality of a weak job market has taken a toll on their loyalties.
  • Bernanke: Shut down banks if they threaten system Thursday, September 2, 2010 @ 8:39PMWASHINGTON -- Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
  • Philippines says may launch peso global bond in Sept Thursday, September 2, 2010 @ 8:35PM* Manila plans to raise up to $1 billion from bond sale
  • Jordan's Foreign Grants More Than Double in First Seven Months of the Year Thursday, September 2, 2010 @ 5:55AMForeign grants to help Jordan finance government spending more than doubled in the first seven months of this year, the government said.
  • Jordan’s foreign grants double in first seven months Thursday, September 2, 2010 @ 5:49AMNation receives $294m in grants through July - Ministry of Finance report.
  • Letters to the editor: Brady will give state leadership it needs Thursday, September 2, 2010 @ 5:47AMIt seems that each day I see Governor Quinn signing some new legislation, promising another new program or giving some government employee a raise. These actions are really nothing more than election-year smoke and mirrors! We, the State of Illinois, are broke! We are in debt! What's not to understand? We need a Chief Executive who has some common sense and won't shove us further into debt.
  • Bernanke FCIC Testimony: Fed Chairman Appearing Before Financial Crisis Inquiry Commission Thursday, September 2, 2010 @ 5:31AMWhat's Your Reaction? WASHINGTON — Federal Reserve Chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential systemwide risks posed by large financial institutions.
  • Japan's Ozawa pledges bold fix for economy if PM Thursday, September 2, 2010 @ 5:05AMRuling party powerbroker Ichiro Ozawa pledged bold steps on Thursday to fix Japan's flagging economy if he becomes premier floating tax cuts and threatening to intervene in currency markets to curb the yen's rapid rise.
  • Government steps up help for troubled homeowners Monday, August 30, 2010 @ 10:04PMThe government is stepping up its efforts to help borrowers with underwater mortgages and protect consumers from overreaching lenders.
  • Govt expects to get back bulk of payment to Hubbard company Monday, August 30, 2010 @ 9:51PMThe government has paid $1.6 billion under the retail deposits guarantee scheme and loaned $175 million to allow South Canterbury Finance's debt to be paid off after the company was put into receivership today
  • The Mahathir prediction Monday, August 30, 2010 @ 9:32PMCOMMENT Tun Dr Mahathir Mohamad has predicted that racial tension would escalate if the New Economic Policy (NEP) type of policies is removed in favour of open policies which disregard the disparities between races in the interest of equity and merit.
  • Police Arrest Man Wanted In July Attack Monday, August 30, 2010 @ 9:27PMEL PASO, Texas -- El Paso police arrest a third suspect wanted for an attack that happened on July 30th. Joshua Saenz, 18, is charged with aggravated assault.
  • Illinois Bond Rating Costs Taxpayers $500 Million Monday, August 30, 2010 @ 3:51PMPhoto of the Illinois Capitol by Jeremy Farmer Photog. You know how certain credit cards have the interest rate tied to your credit report, so if your credit score goes down, your interest rate gets jacked up on credit purchases going forward, even if you've made all your payments for that card on time? The current Illinois bond situation is kind of like that. According to a new report from the ...
  • Greek economy seen shrinking less than 4 pct - finmin Wednesday, August 25, 2010 @ 5:16AMATHENS (Reuters) - Greece's economy will contract by less than 4.0 percent this year and government guarantees extended to banks are aimed at ensuring adequate credit expansion, the country's finance minister said on Wednesday.
  • Pakistan’s Floods to Meet High Ocean Tides, Raising New Danger Monday, August 23, 2010 @ 3:39AMPakistan floodwaters surging down the Indus River may converge this week with higher-than-normal sea tides to inundate new areas east of Karachi, the country’s largest city.
  • Pakistan Asks IMF For Debt Relief Over Floods Monday, August 23, 2010 @ 3:19AMPakistan officials are in Washington to plead for debt relief from the International Monetary Fund as the cost of of flood recovery soars to almost £10bn.
  • Bond bubble fear returns as investors flee stocks Monday, August 23, 2010 @ 2:52AMNEW YORK — Maybe bonds aren't so dull after all.
  • Aid pours in but UN warns of long road ahead for Pakistan Saturday, August 21, 2010 @ 12:32AMISLAMABAD, Aug 21, 2010 (AFP) - UN chief Ban Ki-moon praised the global community as emergency donations for Pakistan neared 500 million dollars but warned the flood-stricken nation faces "years of need."
  • Get Ready for the 'New' General Motors Thursday, August 19, 2010 @ 10:34AMIn the middle of last year, General Motors Company filed for bankruptcy and collapsed into the government's arms. With only $82 billion in assets and around $172 billion dollars in debt in...
  • Business as Usual: Without federal spending, the economic numbers look even worse Monday, August 16, 2010 @ 3:05AMOf the 134 cities that saw a growth in personal incomes last year, all but five were supported by federal spending.
  • Asian stock markets drop as China imports slow Tuesday, August 10, 2010 @ 2:59AM(AP:BANGKOK) Asian markets slid Tuesday on signs China's economy continues to slow and ahead of a Federal Reserve meeting that may bring new measures to prop up sputtering U.S. growth.
  • Vietnam may spur privatization after $4.5-billion shipyard debt Tuesday, August 10, 2010 @ 2:35AMVietnam may accelerate plans to privatize and break up state-owned companies after the nation’s largest shipbuilder almost collapsed under 86 trillion dong ($4.5 billion) of debts.
  • Why Ben Bernanke's Next Round Of Quantitative Easing Will Be Another Huge Flop Monday, August 9, 2010 @ 4:03AMThe topic of quantitative easing (QE) has rapidly become the most important discussion in the investment world. As deflation becomes the obvious risk and the economic recovery looks increasingly weak investors are again looking to the Fed to save their skin from a Japan style deflationary recession . The irony here is so thick you could choke on it, however, like some sort of sick masochist ...
  • The $2.5 trillion slush fund Monday, August 9, 2010 @ 3:07AMMaya MacGuineas is president of the Committee for a Responsible Federal Budget and director of the Fiscal Policy Program at the New America Foundation.
  • Drachma out of a crisis Monday, August 9, 2010 @ 3:02AMTimeo Danaos mutua publica ferentes - I fear the Greeks bearing sovereign debt, as Virgil might have written had he been a financial hack today and had had to use my Latin dictionary to come up with a rough approximation of “sovereign debt”.
  • Teachers decry test scores determining their career Monday, August 9, 2010 @ 2:50AMSchools are popping up across the country that have opted to tie teacher pay, evaluation and tenure to standardized test scores. But educators say standardized tests are flawed as is and should not be the sole indicator whether they are adequately doing their jobs.
  • Trichet Market Rally May Let Bernanke Hold Off on Bond Buying Monday, August 9, 2010 @ 2:44AMEuropean Central Bank President Jean- Claude Trichet may allow Federal Reserve Chairman Ben S. Bernanke to avoid loosening monetary policy tomorrow by helping engineer a rebound in global financial markets.
  • Thai-ASEAN News Network Tuesday, August 3, 2010 @ 8:22PMThe government plans to announce the second phase of the informal debt relief program on August 16. The program is aimed at addressing chronic debt problems for farmers, credit card holders and teachers with the help of state-run financial institutes.
  • GOP Eyes Big Gains Over the Economy Tuesday, August 3, 2010 @ 8:16PMEditor’s Note: The Republican Party and its powerful allies in the right-wing news media made it clear from the moment that Barack Obama took office that they would demonize everything he tried to do, especially on the economy.
  • Gillard gives families a boost with payout Tuesday, August 3, 2010 @ 7:50PMFAMILIES will be able to get more of their tax benefits paid in advance under a re-elected Labor government.
  • Americans being careful about their spending Tuesday, August 3, 2010 @ 7:41PMWASHINGTON — American shoppers are being careful about how much they spend, and that’s making businesses cautious about hiring. For the economic recovery to gain strength — and the unemployment rate to come down in any meaningful way — consumers will need to become less frugal. But a flurry of data released Tuesday suggests families [...]
  • Republicans highlight Obama's "wasteful" stimulus projects Tuesday, August 3, 2010 @ 7:36PMAn election-year war of words over the effectiveness of President Barack Obama's US$862 billion economic stimulus law ratcheted up on Wednesday as Republicans detailed spending projects they said were wasteful and failed to achieve the main goal of job creation
  • Our booming banks HAVE to lend again, says Cameron as he meets Mervyn King to demand action Tuesday, August 3, 2010 @ 7:26PMThe PM issued a blunt warning to Britain's booming banks, saying vast profits suggest the industry had recovered from the credit crunch.
  • California Democrats unveil state budget plan Tuesday, August 3, 2010 @ 7:23PMThe Democratic leaders of California's legislature unveiled on Tuesday a joint state budget plan, which a spokesman for Republican Governor Arnold Schwarzenegger had declared dead on arrival ahead of its release.
  • State and local government workers' job security fades Tuesday, August 3, 2010 @ 7:22PMFor years, most people who worked for state or local governments accepted a fact of life: Their pay wasn't great. The job security was. Now that's gone, too.
  • Pawlenty raises image in Iowa with third visit Sunday, August 1, 2010 @ 10:48PMGov. Tim Pawlenty has been in Iowa over the past few days, raising money for local politicians. He's also enhancing his own profile in the state that holds the first caucuses of the presidential election.