Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The United States-European Union summit here ended without any fiscal help emerging from the U.S. as ambassadors from both sides provided a read-out of the meeting while the host president brushed aside chances of any news-making headlines emerging. President Barack Obama, along with [...]
Posts Tagged ‘Debt’
Stocks rise Friday on consumer confidence, Italy vote
November 12th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks celebrated Veteran’s Day will a strong rally. Helping markets advance was a report that showed a better than expected rise in the Consumer Confidence Index and a vote in Italy on its debt reduction plan. At 3 p.m., with just [...]
Third credit rating downgrade for Spain in 13 months
October 19th, 2011
davidguide Vittorio Hernandez – AHN News Madrid, Spain (AHN) – In a span of just a little over one year, Spain has suffered a third debt rating downgrade from Moody’s Investors Service. The rating agency on Tuesday cut Madrid’s rating by two levels to A1 from Aa2. Moody’s also kept a negative outlook for Spain as [...]
Geithner to attend eurogroup meeting in Poland on Friday
September 13th, 2011
davidguide Jupiter Kalambakal – AHN News Reporter Washington, DC, United States (AHN) – US Treasury Secretary Timothy Geithner will join a gathering of European Union finance ministers in Poland on Friday to talk about global economic recovery. U.S. federal reserve authorities have earlier said that part of the country’s market unease is due to the European [...]
EU Central Bank to buy government bonds on fears of panic selling in world stock markets
August 8th, 2011
davidguide Windsor Genova – AHN News News Writer Frankfurt, Germany (AHN) – The European Central Bank on Sunday decided to buy eurozone government bonds to deter a possible panic selling on Monday’s opening of stock market trading. The decision was made through a tense evening video conference of the European Union’s 17 central bank governors, who [...]
Three more investors warn U.S. of losing AAA credit rating; IMF Chief Lagarde urges immediate resolution
July 27th, 2011
davidguide Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Just six days away from the Aug. 2 deadline for the U.S. to increase its national debt ceiling, more investors are warning Washington that is risks losing its AAA credit rating as American political leaders remain deadlocked on a solution. The latest to [...]
What they said: Obama and Boehner on debt deal
July 27th, 2011
davidguide United States (KaiserHealth) – President Barack Obama and House Speaker John Boehner on Monday night offered competing views on the state of debt talks and proposals. While neither touched heavily on overhauling entitlement spending, especially Medicare, the president mentioned it several times. Medicare has been one of the most contentious roadblocks to striking a deal [...]
Posted in
Tags: