Posts Tagged ‘economy’


How the US debt crisis is affecting Canada’s economy

NEWSTALK 1010′s Jerry Agar speaks to freelance financial journalist Rubina Ahmed-Haq on the negative affect the US debt crisis is having on Canada. July 27, 2011 at 10:06 AM. David Stockman, the former OMB director under President Reagan, speaks with Bloomberg Television’s Tom Keene on “Surveillance Midday” about the US debt crisis. Video Rating: 5 [...]

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US debt jeopardizes the world economy

The debt ceiling debates have been on display for the entire world to see and many countries are concerned about how the US economy affects their matters at home. Washington has put its AAA credit rating at risk. Worldwide, US bonds are considered the risk free asset. Has damage been done beyond the US border? [...]

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US Debt Talks Continue

Article by James Smith The United States appears to be procrastinating much like its various private businesses as it attempts to avert complete disaster via default. The plan is shaping up to include the chance to address tax reform later on, an aggressive budget slashing, and other cost saving measures that are going to be [...]

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US Debt Crisis Averted, Economy Still Faltering

Article by Deep Trust Trading Yesterday’s trading saw two records set – the Dow Jones Industrial Index dropped 166 points to 11703.10 as of 9:30AM in New York, the ninth time in a row and the longest drop since 1978, when oil prices went through the roof. The S&P 500 gained 0.5% to hit 1260.34 [...]

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Europe's Debt Crisis Casts Cloud Over US Economy

Europe's Debt Crisis Casts Cloud Over US Economy by Jackie Northam US Treasury Secretary Timothy Geithner (left) speaks to French Finance Minister Francois Baroin (right) during talks in Marseille earlier this month. The US is increasingly concerned that the European debt crisis will have an impact … Read more on NPR US Money Funds Cut [...]

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US debt to exceed economy

The United States is facing a deficit of .3 trillion and is ten times that in debt. In fact, it looks like that debt will exceed the size of the US economy this year for the first time since World War 2. Will the government ever get it under control? Heather Cirmo of 440 Group [...]

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