US debt deal agreed in principle but uncertainty remains
Republicans and Democrats have agreed on a package to cut its deficit and raise its debt ceiling.
Debt
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Moody’s warns over possible US government debt downgrade
Moody’s has warned of a possible downgrade of its triple-A rating of US government debt.
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Spreadbury: Slow GDP growth shows QE didn’t work as intended
Todays low UK growth figures are partially a consequence of QE not working as intended.
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PA ANALYSIS: QE not the answer from Jackson Hole
Central banks have to come up with measures outside QE to stimulate growth and recduce debt levels.
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Chinas local loan woes part of long road to rebalance economy
Chinas local government debt problems can be managed but leaders need to proactively address them.
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Barclays Bank sets up infrastructure debt fund
Barclays Bank has set up a fund that will invest in the debt of infrastructure projects.
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US debt in downgrade warning from S&P
Standard & Poor’s has said the US could lose its AAA-rating within the next three months.
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PA ANALYSIS: Consumers fighting to keep heads above water
Consumers need to carry on spending despite real incomes falling and high street names disappearing.
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PA ANALYSIS: Greek default is a necessary line in the sand
A Greek default has been called a ‘Lehman moment’ but it may prove to be a new beginning.
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PA ANALYSIS: Roubini right to say ‘eurozone will break up’
When Nouriel Roubini says the eurozone is heading towards a break-up, it is worth paying attention.
