Sentences with phrase «debt crises at»

Even though the past 12 months have been marked by teacher strikes, debt crises at all levels of government, and intense partisan debate, public opinion remains quite stable.

Thus the debt crisis at the beginning of the 1980s was a crisis involving the sovereign debt of developing countries.

Fixing the student debt crisis at the national level is taking too long and borrowers need relief.

This is quite a turnaround for a country that was at the heart of the eurozone debt crisis at its darkest hour.

Not exact matches

James Dean, an economist at Simon Fraser University who has studied sovereign - debt crises in Latin America, Asia and Europe over four decades, says one of the great paradoxes of sovereign debt is that countries can manage heavy burdens for a long time.

Since the recession ended in mid-2009, the economy has been expanding at sub-par rates as a string of problems from higher gas prices to Europe's debt crisis have acted as a drag on the U.S. economy.

Also, while consumer debt is falling and corporate debt is not yet at crisis levels, keep in mind that government debt has skyrocketed — ironically, as a response to slow growth in the global economic system.

Nixon said the Germans are probably suffering from a «lack of legitimacy» at the central bank and are still very concerned about the impact of quantitative easing — a massive stimulus program following the euro zone debt crisis of 2011 that's designed to boost lending but also stoke inflation.

A fitful recovery in the United States, a debt crisis in Europe, and wobbles in China all have undermined global economic growth and confidence at various points.

It won't be easy considering some of the larger events taking place around us: the ever - shifting European debt crisis, Congress» inaction on deficit reduction, and a general government stalemate here at home.

The island's current debt crisis is pegged at US$ 70 billion, right behind California and New York.

Increasing attention is being paid to the small Eastern European country, at the center of Europe's other debt crisis.

We've seen that before: The bill that averted a debt - ceiling crisis earlier this year — by temporarily suspending the borrowing limit — would have frozen Congressional pay if the House or Senate had failed to pass a budget by April 15 (lawmakers would have received their salaries anyway at the end of the current legislature).

Even after the crisis hit, though, the company was still able to pay its bills The problem was the debt holders were able to call in their loans when revenue at the company fell past a certain point, which they did.

Although somewhat sidelined by the European debt crisis, ITER is expected to cost now at least $ 15 billion to build.

The new finance chief of Spain also told CNBC that the southern European economy has been growing at a solid pace of about 3 percent in the last four years, but this doesn't mean that the problems raised during the euro zone sovereign debt crisis are over.

Policymakers are fixated on the debt ratio in part because it was at above 160 per cent that households in the United States and Britain ran into trouble about five years ago, contributing to defaults and the financial crisis that triggered the 2008 - 09 recession.

OPEN Forum looks at the national debt ceiling crisis through the lens of small business.

Local efforts by GDB and other Puerto Rican debt issuers to reach a debt restructuring are running in parallel with plans in the U.S. Congress to draft legislation aimed at solving the island's economic crisis, possibly by allowing it to restructure debt and putting its finances under federal oversight.

The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height.

U.S. stocks rose at the open on speculation Spain will soon request a bailout, seen by some as the necessary next step to alleviating the euro zone's debt crisis.

My student loan business also gives me a first hand look at the mounting but slow boiling student debt crisis.

Many foreign economists and investors on Wall Street have expressed misgivings about China's rapid accumulation of debt, particularly at state - owned enterprises, since the global financial crisis in 2008 and 2009.

I think that it will be hard to escape the conclusion that household debt grew at an unsustainable pace in the decade before the great financial crisis and that this was an important spur to growth.

The reform agenda in the European Union has been slow and at times painful, but progress has been made since the eurozone sovereign debt crisis.

In fact there is a regular pattern that we see when debt levels rise in a country to the point at which either we suffer from a debt crisis or from a lost decade of difficult adjustment.

Simply put, if the Fed continues to conjure trillions of dollars out of thin air to feed the government's insatiable appetite for debt, they're risking a major currency crisis at a minimum.

At age 25, he started construction company Inmobiliaria Carso, and he invested during the Mexican debt crisis of the 1980s, buying interests in tobacco, copper and mining.

That figure, which comes out to a combined 360 billion euros ($ 401 billion) in bad debt, is more than three times the bank loans that were bad in the U.S. on a percentage basis at the height of the financial crisis.

When that happens, debt rises at an unsustainable pace until we reach debt capacity limits, in which case the country will have a debt crisis.

Until we understand this do not expect the global crisis to end anytime soon, except perhaps temporarily with a new surge in credit - fueled consumption in the US (which will cause the trade deficit to worsen) and more wasted investment in China (which, because it is financed with cheap debt, which comes at the expense of the household sector, may simply increase investment at the expense of consumption).

«Unlike the average American — wallowing in credit - card debt, clinging to a mortgage, terrified of the next downsizing at the office — he isn't worried about the economic crisis.

The vast stimulus programme launched at the end of 2008 to counter the world financial crisis restored growth but led to wholesale misallocation of capital into wasteful projects that earn scant returns, the vast debt problem affecting companies as well as local governments, and also created soaring excess capacity in sectors such as steel production.

At his own companies, Lemann's single - minded focus on cash flow explains how, after the takeover of Anheuser - Busch in 2008, AB InBev had little trouble paying down its massive debt amid the global financial crisis.

After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.

By Gordon D. Giffin In the weeks leading up to the traditional August Congressional recess, the drama that played out in Washington over whether and how to raise the statutory federal debt ceiling at times reached crisis (if not comedic) proportions.

WASHINGTON — The International Monetary Fund today sounded the alarm on excessive global borrowing, warning that with a total of $ 164 trillion owed, the world's public and private sectors are deeper in debt than at the height of the financial crisis a decade ago.

Paul Ferley, economist at Royal Bank of Canada, said the newly revised debt levels are close to the peak witnessed in the U.S. at the height of the subprime mortgage crisis.

«With the European debt crisis spreading and the global economy recovering at a slower than expected pace, we expect China's trade situation in the second half will become more severe and we are facing more pressure to meet the annual target for trade growth,» Shen added.

Video below on Camp Kotok attendee Natalie Cohen, Managing Director and Head of Municipal Research at Wells Fargo Securities, on the debt crisis in Puerto Rico..

Fixed Income With this summer's Greek debt crisis having abated somewhat and the European Central Bank (ECB) considering expanding its easy - money policies, US companies are rushing to the eurozone to issue debt at record - low interest rates.

When the year started, we were staring at a looming budget sequestration, a lingering debt crisis in Europe, and a slowdown in China.

The stock market has not been at least 10 % below its peak since 2011, when a crisis spurred by Congress» inability to come to a compromise on the federal debt ceiling caused a plunge of over 10 %.

If the American government can not resolve its debt crisis, it will face a fiscal cliff at the start of the year.

Citigroup, however, the bank that spectacularly blew itself up with toxic derivatives and subprime debt in 2008, became a 99 - cent stock during the crisis, and received the largest taxpayer bailout in U.S. financial history despite being insolvent at the time, today holds more derivatives than 4,701 other banks combined which are backstopped by the taxpayer.

I think the 70 trillion dollars in debt build that we've seen since the outbreak of the great financial crisis is their greatest fear — It keeps them up at night.

At the beginning of the oil price crisis in 2014, Saudi Arabia started off with debt - to - GDP ratio close to zero.

World stock markets climbed again Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing «too big to bailout» countries such as Italy.

Asian stock markets rose Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing «too big to bailout» countries such as Italy.

The European economy at large had been moving forward in the wake of the 2007 --- 2009 global financial crisis and subsequent sovereign debt crisis,...