Posted on Tuesday, 19th July 2011 by James Martin
JUPITER, Florida (July 15, 2011) — Weiss Ratings, an independent rating agency of U.S. financial institutions and sovereign debts, has downgraded the debt of the United States government from C to C-minus. The C-minus rating for the U.S. reflects a continued deterioration in the weaknesses cited in the Weiss Ratings release of April 28, 2011, [...]
Tags: Debt, United States, Weiss Ratings
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Posted on Wednesday, 6th July 2011 by Jesse Walker
WASHINGTON — Saying “real differences” remain but citing some progress on a deal to avoid hitting the debt ceiling, President Barack Obama invited leaders of Congress to the White House on Thursday. Obama called for a balanced agreement and said there’s “a unique opportunity to do something big.” He said that entitlements need to be [...]
Tags: Debt, Debt Talks
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Posted on Friday, 25th February 2011 by Christopher Allen
A number of companies usually pay back big debts as late as is possible, which often can cause problems for many smaller organizations, numbers of which in turn crash simply because they cannot sustain a lot of overdue payments. Since 2002 organizations are able to legally charge interest on past due repayments and also a [...]
Tags: Debt, Debt Recovery
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Posted on Sunday, 27th June 2010 by Jesse Walker
TORONTO (Reuters) – With a global recession behind them, world leaders meeting on Sunday will seek to show they can bolster a fragile economic recovery while also cutting massive government debt levels. U.S. President Barack Obama, China’s Hu Jintao and leaders from the rest of the Group of 20 economic powers gather for the fourth [...]
Tags: Debt, Debt Growth
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Posted on Friday, 21st May 2010 by James Martin
This was the Financial Peace University lesson that I had been most eager for and the most excited about: how to get rid of debt. It’s the reason we had signed up for the class. Our enthusiasm was contagious—our 16 year-old-daughter and her boyfriend agreed to attend the night’s session with us. She’s expressed some [...]
Tags: Debt
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