Category : Debt crisis
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.
Phil Lowe Governer of RBA has explained the debt risks faced by China, denouncing the fast piled up debt since 2009 and its opaque financial system.
United States national debt exceeds $21 trillion for the first time in history.
"We have forgotten, as a society, that real goods and services have a real cost."
The measure includes various provisions that affect consumers, including one that might make it easier to get a mortgage at their local bank or credit union.
Interest rates, which influence the cost of borrowing, are on the rise after the Federal Reserve kept them near zero for years.