Category : Debt crisis
The Executive Board of the International Monetary Fund recently granted a $50 billion loan to Argentina, the largest loan in the history of the IMF.
The U.S. government's balance sheet is about to explode financially; interest costs and debt have broken new records.
India and Russia bypass US sanctions ; Euro stability threatened by Italian Debt ; Iran wants to Veto Saudi and Russian Oil Production Proposal
Russian Government turns away from US debt ; Belarus and Russia abandon the dollar in their trade ; U.S. will add $200 billion in additional taxes on Chinese Goods.
The coalition regime and the decisions of this new Italian government worry the markets and the European Union.
The risk of default is increasing in Asia and the powerful banks in America have to revised there default-rate forecasts.
Governments that have issued debt that’s denominated in dollars could have serious problems if the U.S. currency continues to rise.
Famous investor George Soros warns of the threat posed by the financial crisis in Europe.
As corporate debt reaches its highest level since the financial crisis, Moody's warns of substantial problems looming on the horizon for junk bonds during the next downturn hits.