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Nations Begin Defaulting On Their Foreign Debt

Posted by Curt 1152 days ago (http://www.pennyjobs.com)
Category: Economy | Tags: defaulting foreign debt
The global financial crisis is causing some nations to default of their foreign debt. read more »
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Ecuador: President Orders Debt Default

Posted by neophyteblogger 1154 days ago (http://www.nytimes.com)
Category: Economy | Tags: ecuador foreign debt president
President Rafael Correa has declared his country in default on foreign debt as his government grapples with falling oil income and a decline in remit[...] read more »
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China Cuts Purchases of Treasuries and Foreign Bonds

Posted by stockwire 1031 days ago (http://www.stockwire.com)
Category: Economy | Tags: china foreign debt treasury bonds
With trade falling (although China still has a high surplus) and hot money inflows reversing direction, China has less reason to buy foreign assets. read more »
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