Category : Debt crisis

May 22, 2018 - 5:01:34 AM

Consumer debt is set to reach $4 trillion by the end of 2018

Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.

May 17, 2018 - 6:40:10 AM

Italy is thinking about taking a $250 billion writedown

Huffington Post Italia leaked a government proposal late Tuesday showing that populist parties had drafted plans to ask the European Central Bank for debt forgiveness of €250 billion ($300 billion).

May 15, 2018 - 8:38:17 AM

Argentina seeks IMF financial aid 'to avoid crisis'

Argentina is to start talks about a financing deal with the International Monetary Fund (IMF) on Wednesday amid reports it is seeking $30bn.

May 15, 2018 - 7:50:00 AM

Goldman: Something strange is happening with the US economy that could cause interest rates to jump

The U.S. budget deficit is growing at a time when the unemployment rate is falling, something that hasn't happened in peacetime since World War II.

May 15, 2018 - 7:22:15 AM

Who’s Most Afraid of a Latin American Debt Crisis

It’s not just countries that are at risk of contagion.

May 15, 2018 - 7:13:57 AM

Breaking down America’s worst long-term challenges

Today, the national debt stands at more than $21 trillion.

May 15, 2018 - 6:06:13 AM

China remains largest buyer of US debt amid Trump trade war and Japan sells off

Beijing is the largest holder and buyer of the US Treasury securities despite the two countries being engaged in a spiral of mutual trade restrictions.

May 10, 2018 - 6:25:19 AM

The State of the American Debt Slaves

Total consumer credit rose 5.1% in the first quarter, compared to a year earlier.

May 9, 2018 - 7:10:29 AM

Will A Debt Build-Up Cause Gold To Soar ?

Despite misguided economic policies and rising geopolitical tensions, the long market expansion has prevailed. But times may be changing.

May 9, 2018 - 7:04:57 AM

Venezuela’s once-promising gold industry is in utter shambles

The once promising Venezuelan gold industry is in a total mess, despite government efforts.

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