Search Results | Showing 11 - 20 of 20 results for "US default" |
| | | ... reached by August 2, the US won't have enough cash to pay all its bills and could default on its debt. Analysts say a US default would have a devastating effect on financial markets. The country would likely lose its triple-A credit rating, causing interest ... |
| | | | ... climbed to 4.32 per cent from 4.26 per cent. LONDON - European stock markets mostly fell amid growing concern of a US default after debt-ceiling talks broke down in Washington over the weekend. Markets had largely surged last week on news of a eurozone ... |
| | | | ... Australian stock market was lower at noon, extending losses from the morning as investors fretted over worries a potential US default. At 1206 AEST, the benchmark S&P/ASX200 index was down 41.7 points, or 0.91 per cent, at 4,561.2 points, while the broader ... |
| | | | ... over the past few weeks. However, a warning from the White House that deadlocked talks to hammer out a deal to avoid a US default were still far from over continued to pressure the dollar. Tokyo rose 1.22 per cent, or 121.72 points, to 10,132.11 and ... |
| | | | ... states did so again back in 1873-84. Financial markets have every right to be cautious until the fat lady sings. A US default may be improbable but not entirely impossible - it's happened before. As the American Spectator writes in its discussion of ... |
| | | | The Australian share market is expected to open lower today, after Wall Street securities fell overnight, while commodities markets were mixed. At 0721 AEST, the local September share price index futures contract was down 22 points at 4,425. In economic ... |
| | | | ... basis, leading to a default on US Treasury debt obligations. US Federal Reserve Chairman Ben Bernanke has warned that a US default would spark a major international economic crisis. "The Treasury security is viewed as the safest and most liquid security ... |
| | | | ... largest losses in Monday trading. Investors are growing increasingly concerned over the prospect of an unprecedented US default on its debt. Treasury Secretary Timothy Geithner told Congressional lawmakers in a letter Monday that the agency is taking ... |
| | | | The ruling Conservative-Liberal Democrat coalition will push ahead with plans to introduce a universal pension scheme in the UK. Chancellor George Osborne recently gave the green light for the establishment of the National Employment and Savings Trust ... |
| | | | Amid the worst super fund returns on record, AXA Australia has broken through the field as the surprise top performer with a stunning positive 4 per cent from its Tailored Super and Simple Super employer funds, almost 11 per cent ahead of the market ... |
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