Washington lawmakers in the US House of Representatives have passed an agreement hammered out between Republican and Democrat leaders designed to avert a US debt default. The move is a further step towards…
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Articles on US debt crisis
Displaying 21 - 28 of 28 articles
US President Barack Obama says Democrat and Republican leaders have reached an agreement on reducing US debt, before the August 2 debt ceiling deadline. Failure to reach a deal may have led to a historic…
After initially refraining from public comment, China has now joined the ranks of countries and international institutions voicing concerns over the US public debt-ceiling impasse. Late last month, China’s…
As the political stand-off around the US debt crisis looks set to continue into the weekend, US President Barack Obama is being tested whether he has the courage to stand his ground. Last week the President…
I rang some people at big banks who do liquidity and balance-sheet management to see how they are preparing for the August 2 deadline for US debt funding. They seemed remarkably sanguine. The feeling is…
Minnesotans have breathed a sigh of relief after the state’s Republican-led legislature signed off on a budget deal negotiated with Democratic Governor Mark Dayton, ending a three-week state government…
International ratings agencies Moody’s and Standard & Poors have both indicated they would consider downgrading the US’s debt rating as negotiations aimed at raising the country’s statutory US$12.3…
For some time, it appeared that the severity of the global financial crisis had created a compelling “learning moment” that promised to return the world to a more civilised form of capitalism. Insufficient…
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Professor of Political Economy and Social Theory, University of Sydney
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Dean of the Wharton School, University of Pennsylvania
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Professor, Finance, UTS Business School, University of Technology Sydney
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US Election Analyst, University of Sydney
