World news about “US debt” published by euronews.
USA, EU play debt blame game The rebound of the world’s markets as this week began is far from reassuring, experts warn. Across the Atlantic, the US and EU each say the other should hurry… 27/09/2011
Obama deficit plan rejected by Republicans President Barack Obama has unveiled plans to cut the massive US deficit by trillions – with at least half the savings coming from higher tax revenue… 19/09/2011
US second-quarter growth trimmed More grim news about the state of the US economy as the latest government figures showed it grew much more slowly than previously thought between April and… 26/08/2011
Standard & Poor’s says don’t blame us The top official behind Standard & Poor’s downgrade of the United States triple A credit rating says his agency is not to blame for August’s stock market… 26/08/2011
US downgrade, euro zone turmoil – where are we heading? In this edition of Business Weekly, we talk to expert David Jones of IG Index about the credit rating downgrade from the United States by S&P and ask can we… 12/08/2011
Everybody’s talking, nobody’s listeningAn analyst has placed three figurines next to the German share trading DAX index during early morning trading at Frankfurt’s stock exchange August 8, 2011… 08/08/2011
Creditors react to Washington’s debt deal Relief in the financial markets over an end to the financial gridlock in the US economy has been tinged with concern about the long-term risk that the deal… 02/08/2011
Political wrangling paralyses US debt talks The United States has just one more week to resolve the federal debt crisis – and avoid a devastating default. Unless a speedy compromise is reached in… 26/07/2011
IMF chief warns on US default’s far-reaching impact The new International Monetary Fund chief Christine Lagarde has said that Washington must speedily resolve a political stalemate over raising the debt ceiling… 26/07/2011
Obama under pressure to avoid “fiscal cliff”After the highs of victory, and a triumphant return to the White House,today it’s back to business for Barack Obama. And first on his to-do list is the… 08/11/2012
Obama adds weight to growth callsThose in Europe wanting an end to austerity got a significant boost on Friday when US President Barack Obama backed growth. Obama, in an election year, is… 08/06/2012
US legislators fail to reach deficit dealA US Congress ‘super-committee’ has failed to agree on how to cut 1.2 trillion dollars from the country’s budget deficit over the next decade The… 22/11/2011
Europe crisis ‘scaring the world’ – ObamaUS President Barack Obama says the debt crisis in Europe is “scaring the world”. He was speaking on Monday at a meeting in California. Obama also said that… 27/09/2011
Markets rally after rollercoaster weekA strong finish to the week for the world’s financial markets after a wild ride during which share prices zipped up and down thanks to a potent mix of… 12/08/2011
Markets rally on short-selling banEuropean stock markets have rallied as a ban on the short-selling of financial shares tempted investors back into the battered banking sector, however… 12/08/2011
Global markets rallyAfter a turbulent week, stock markets around the world are bouncing back. In the US, the NASDAQ and Dow Jones closed at over four per cent and 3.95 per cent… 12/08/2011
European markets volatileEurope’s investors have again been hitting the sell button as nerves remain very frayed after a steep sell-off triggered by concerns about the US slipping… 11/08/2011
Asian markets open down after Wall street sell-offAsian stocks fell between 1% and 2% as the fallout from Wall Street’s drop and European jitters took hold. Tokyo shares tumbled 1.7% at the opening bell… 11/08/2011
Wall Street slumps againUS stocks tumbled again on Wall Street almost wiping out gains of a relief rally only 24-hours earlier. The main trigger was concern about the health of… 11/08/2011
Asian markets rebound in knee-jerk reactionAsian markets have rebounded after an overnight jump in Wall Street following the US Federal Reserve’s promise to keep interest rates near zero for two… 10/08/2011
European traders cautious after Asian fallsEuropean stock markets opened on Tuesday amidst continuing nervousness. Paris, Milan and Madrid all started up slightly but the FTSE in London and the … 09/08/2011
Asian markets continue the global plungeAsian markets have tumbled once again on fears that the US is heading for recession after yesterday’s major losses on Wall Street. Hong Kong opened down six… 09/08/2011
Wall Street plunges after US credit downgradeUS stocks plunged in one of the worst panic-sell offs since 2008 as Wall Street got its chance to react to Friday’s downgrade of the US’s credit rating. The… 09/08/2011
America still a triple-A economy insists ObamaThe US president has attempted to reassert political primacy over the markets by denouncing Standard & Poor’s downgrading of US debt. Barack Obama said the… 08/08/2011
“We will always be an AAA country” says ObamaPresident Obama has given a stiff riposte to the market’s reaction to the downgrading of America’s credit rating, the first ever in the history of the… 08/08/2011
Volativity returns to European marketsAfter a relatively positive start to trading on Monday European stock markets are becoming more volatile. It seemed as if measures announced by the European… 08/08/2011
European stocks fare better than Asia at openingEuropean stock exchanges opened on Monday morning with better than expected figures. London was down just over 1 per cent, Frankfurt’s DAKS started down 1… 08/08/2011
Weekend of emergency money talksEurope’s leaders and finance chiefs spent the weekend frantically attempting to avoid meltdown in the markets after last week’s mammoth global sell-off of… 08/08/2011
Asian shares fall as markets openAsian shares fell when the markets opened on Monday morning but the drop was viewed as relatively modest in comparison to the losses seen at the end of last… 08/08/2011
Finance chiefs pledge “to act” over debt crisisFinance chiefs from the world’s industrial nations have pledged to steady the markets in response to the plunge on global stock exchanges last week. After… 08/08/2011
Blame game continues over US credit cutThe blame game has continued among US political parties after the country’s loss of its triple-A credit rating. Standard and Poor’s decision to reduce it… 08/08/2011
European stock markets remain volatileEuropean stock exchanges have trimmed their earlier losses after falling sharply in early trading on Friday. Some indexes even turned positive late in the… 05/08/2011
Protesters target Wall St over US debt billThe US has stepped back from the brink of a financial default after Congress approved a deficit-cutting plan at the last minute. But it has failed to allay… 03/08/2011
Markets volatile amid fears for global economyFinancial markets continue to be volatile amid widespread concern among investors over the state of the world economy, and in particular the debt problems in… 03/08/2011
Asia stocks fall as fears return over US economyAsian stocks fell as the markets opened, only hours after the US approved its debt-deal, with investors none too confident about the American economy. No… 03/08/2011
Obama signs US debt billThe US Senate voted on Tuesday to adopt a debt limitation bill, just hours before a midnight default deadline. The measure, which allows an increase… 02/08/2011
Congress vote averts US defaultThe US Congress has given final approval to a bill raising the country’s debt limit, just hours before the Treasury’s authority to borrow funds runs… 02/08/2011
US Senate raises debt ceiling to avoid defaultThe US Senate agreed to raise the country’s debt ceiling on Tuesday, ending months of political wrangling and avoiding a federal default. The deal cleared… 02/08/2011
Rocky road ahead in US debt warOn Capitol Hill politicians breathed a sigh of relief after the House of Representatives approved a deal to prevent the US from defaulting on its debt. The… 02/08/2011
US ‘a parasite’ on world economy, says PutinRussian Prime Minister Vladimir Putin has criticised the United States for racking up over 14 trillion dollars in debt, calling the country “a parasite” on… 02/08/2011
Senate poised to pass US debt dealA vote in the Senate looks set to pull the United States back from the brink of economic disaster today, with just hours to go to avert a default. … 02/08/2011
Europe shares fall amid fears for US economyEuropean shares fell for a third straight session to hit a nine-month low, following more bad news about the US economy. Figures show manufacturing grew at… 02/08/2011
Asian markets still wary over US economyUS law makers may have cleared their first hurdle towards sealing a debt deal but Asian markets opened in negative territory only hours after the House of… 02/08/2011
US lower house backs compromise debt dealThe House of Representatives has approved a last ditch deal to raise the US borrowing limit which will hopefully avert an unprecedented US government… 02/08/2011
US debt: ‘decades of financial mismanagement’As the US Congress prepared to vote on a last-minute deal to avoid a federal debt default, euronews looked at the underlying causes of the crisis and the… 01/08/2011
Crunch US debt vote underwayLawmakers in the US Congress were voting on Monday to approve the last minute $2.4 trillion deal to raise the United States’ debt borrowing limit. The plan… 01/08/2011
Debt crisis – still plenty more to settleThe United States may have avoided defaulting on its debts with a political agreement to increase the amount of money it can borrow, along with promises to… 01/08/2011
Congress to vote on last-minute US debt dealCongress is due to vote today on an eleventh-hour debt deal between Republicans and Democrats to save the US economy from default. The plan would raise the… 01/08/2011
European markets welcome US debt dealEuropean markets have welcomed the deal to raise the US debt ceiling, easing worries about a potential default or credit downgrade. Stock markets in London… 01/08/2011
Two-step deal reached over US debt crisisPresident Barack Obama has reached a deal with congressional leaders to reduce the public deficit and to avoid a the first US government default in… 01/08/2011
US debt deal “very close”With the world’s financial markets watching eagerly, US lawmakers said on Sunday they were close to a last-minute agreement to raise America’s debt… 31/07/2011
USA takes a step closer to defaultEfforts to end the US debt crisis have taken another step back after Republican leaders dropped plans to present a bill to the House of… 29/07/2011
Markets hit by US debt crisis as time runs outWall Street has suffered its worst day in two months amid fears the United States will run out of money to pay its bills in less than a week’s time. And… 28/07/2011
US debt crisis: downgrade or default?The White House has said it is working on an unspecified ‘Plan B’ with members of Congress to avoid the risk of the US defaulting on its debts. But… 27/07/2011
Obama calls for compromise to avoid debt failureWith little more than a week to come up with an agreement to prevent the US defaulting on its national debt, Republicans and Democrats are still at odds. … 26/07/2011
Obama calls emergency talks with top lawmakersUS President Barack Obama called an emergency meeting with top legislators on Saturday after Republican House Speaker John Boehner pulled out of talks on… 23/07/2011
Obama pushes for swift debt dealUS President Barack Obama warned Washington lawmakers on Saturday that time was running out to agree a deal to raise America’s debt limit. In his weekly… 16/07/2011
