Sentences with phrase «government debt default»

Talk of the end of dollar supremacy is about a century too soon, despite the possibility of US government debt default and financial crisis (19 October, p 4).

Not exact matches

When bickering in Congress shut the government down and put it on the verge of defaulting on its debt, banks recoiled.

As a 60 - year «global debt supercycle» draws to a close, it'll bring an inevitable series of government defaults.

The Government Accountability Office reportedthat over $ 171 million in student loan debt was collected on defaults in 2015.

For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying.

The 2011 showdown that led the U.S. to the brink of a debt default and then a government shutdown was about ideology and party politics.

While states technically can not go bankrupt, the assumption is that the federal government would step in to resuscitate them should they default on all of their debts.

After pinching pennies to avoid a U.S. default on debts in July, U.S. Treasury Secretary Tim Geithner now insists Uncle Sam will have to break its obligations to creditors in August unless the federal government's debt ceiling is raised.

Canada's federal government is in relatively good shape, though its debt would balloon if a province were to default.

China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said in a press release issued on Sunday, amid persistent concerns over high debt levels in the world second largest economy.

It was ranked in early May among the Top 10 governments worldwide likely to default on their debt, according to CMA, a London - based credit information company.

Moreover, as the one faction in Congress willing to see the U.S. government default on its debt, they have greater influence than their numbers would suggest.

It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.

Officials in Washington, D.C., and San Juan have expected for some time that Puerto Rico would default Monday on debt owed by its Government Development Bank.

(Bloomberg)-- An investment fund that's seeking a payout from the Cuban government on more than $ 1.3 billion in defaulted debt and back interest has hired the lawyer who won a settlement for hedge funds in a long - running legal battle against Argentina.

Talks hit a snag between the new Greek government and the banks and other private investors that Athens hopes will agree to take losses on their debt so that Greece can avoid a default.

A collection agency, whether through the US government or private lender, won't usually settle a defaulted student loan debt if it's less than the amount that the lender is likely to receive over the life of the original loan — so negotiation is essential during settlement talks.

No defaults on government debt.

Without debt restructuring, Puerto Rico will be forced to default as it faces nearly $ 2.5 billion in bond payments from May through July, government officials have said.

I disagree completely, and not just because transferring bad debt from local governments to the central government, while undoubtedly reducing the probability of a legal default, does not in the slightest way address the cost of resolving the bad debt.

Analysts and investors worry that a government shutdown this week would hit not just consumer and business confidence, but also make it more likely that the United States will default on its debt when it reaches its borrowing limit in about two weeks.

In 2011, when congressional Republicans were threatening to allow the government to default on its debts if their policy wish list was not met, Powell met with a number of GOP lawmakers, urging them to reconsider their strategy by pointing out the serious risks involved.

They include extending government funding to avert an Oct. 1 government shutdown, reauthorizing the National Flood Insurance Program and the Children's Health Insurance Program, and raising the debt ceiling to avoid a disastrous federal default.

Between June and July 2015, it appeared that the divergences separating the Greek far - left Tsipras government and its EU and international interlocutors had the potential of leading to a sovereign debt default.

Can the Chinese government implement its new, slower growth, pro-environment policies without exposing extraordinary levels of debt to default?

Trading volume for credit default swaps on French government debt also surged as spreads spiked.

They hold credit default swaps on the government debt of countries they have investments in (S. Korea).

A downgrade on debt issued by the United States would have less severe consequences than a default, which takes places when a government fails to pay its creditors.

Government debt rose in order to replace the shrinking of the non-financial corporate debt (the debt that drove their bull market) that was either defaulted on or paid off.

That could set up another showdown like those that took place in 2011 and 2013 — when lawmakers brought the government to the brink of defaulting on U.S. debt, leading Standard & Poor's to downgrade the nation's credit rating for the first time.

In the last few years we've had a housing bubble, a credit bubble, runaway government spending, soaring gas prices, a global recession, high unemployment, the risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.

Republican House leaders were facing a losing public relations fight with the White House over the debt ceiling that would have gotten far worse if the government had begun to default on some if its obligations.

When the ceiling is then reached, legislators rationally vote to increase the debt ceiling so that the national government doesn't go into default.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

On the contrary, foreign investors are encouraged to participate in the system of thievery because it is exceptionally profitable and because foreign governments will step in to assure the African countries do not default on debt repayments (this paradox is what economists call «asymmetric risk»).

Some of the US debt is owed to Americans - think of the new government money market funds, which own treasuries and are with some brokerages the «default» fund (replacing the old money market funds).

The question of who would hold responsibility for a failure to raise the debt ceiling and a government default, posed as a hypothetical question, has received quite a bit of polling and a substantial majority say they would assign the blame squarely on the Republican party

If needed, the Federal Reserve can issue as many new dollars as it likes, so the USA can not fail to pay its debt (unless its government chooses to default).

Several Republican donors said watching that effort run into headwinds among conservative House members, combined with the tortured standoff over the government shutdown and potential debt default, had left a sour taste in their mouths.

If Congress fails to raise the debt ceiling and the federal government defaults on its obligations, we will be in real trouble.

The only way the U.S. will immediately default upon reaching the debt ceiling is if the government actively chooses to do so by not making debt payments.»

(i.e. there governmental bond holdings, to make it possible to compare what they would lose by the government defaulting as compared to what they would gain by not being taxed to repay the debt over X years?

If the Fed was holding all the debt that came due when the government runs out of money, and they choose not to claim it, would the government be in default or not?

If the Treasury chose to pay some debt holders and not others, would the ones who got paid have any legal recourse due to the government actually being in default to some of its debtors?

Washington (CNN)-- A back - up plan proposed by Senate Republican Leader Mitch McConnell that would keep the U.S. government from defaulting on its debts next month is viable and under consideration by Senate Democrats, according to Sen. Dick Durbin, the No. 2 Democrat in the chamber.

After the government shutdown and the startle of debt default, is it possible for the US government to issue bonds, and borrow money from other countries?

Not surprising, but illuminating: large minorities in all of these districts say they support the prospect of the government defaulting if the debt ceiling isn't increased in two weeks, if that is a way to prevent health care reform from proceeding.

Most Republicans oppose either approach as part of a deal to increase the debt limit before the August deadline when the government would default on its loans.

(CNN)- Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.

For now, most investors and forecasters seem to expect a lot of bluster from the White House and Republicans, followed by an eleventh - hour agreement that avoids a government shutdown or debt default.