Serious debt problems will continue, experts say
Over the past 10 to 15 years, total debt outstanding in the US has grown as a much faster pace than population, and little has been done to deal with the debt in spite of widespread unemployment, flat personal income, and declining collateral values. …
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Asian Currencies Weaken as European Debt Crisis Outweighs U.S. Jobs Data
Most Asian currencies fell, led by South Korea's won, as concern Europe's debt crisis will worsen countered an improvement in US jobs data. The Bloomberg-JPMorgan Asia Dollar Index dropped after David Riley, London-based head of the sovereign-debt unit …
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Europe Debates Iran Oil Sanctions Amid Debt Crisis
January 13, 2012 Europe Debates Iran Oil Sanctions Amid Debt Crisis Henry Ridgwell | London Europe is gearing up for a summit later this month on a new set of sanctions against Iran's oil industry, following a similar move by the United States. …
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