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Showing 321 - 330 of 454 results for "USA"

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
... The Message by Grandmaster Flash and the Furious Five Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds of Europe. The spark? The cancer in the periphery is spreading to the core. Germany - the lynchpin ...

In a better place

BENJAMIN ONG  |  TUESDAY, 16 AUG 2011
... 2, nothing much has really changed from when financial markets moved from volatile to extremely volatile. Yes, we saw the USA no longer AAA for the first time in 70 years. But at the same time, we also saw investors pouring funds into US Treasuries - ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... These waters haven't yet been plotted on any GPS. Only a few of us who are still living now have witnessed the last time the USA was not AAA - 70 years ago. And it was different back then. Facebook and Twitter weren't around to broadcast in real time ...

Greed is good

BENJAMIN ONG  |  THURSDAY, 11 AUG 2011
... Societe Generale's share price overnight, it was rumours that credit ratings agencies will do what Standard & Poor's did to the USA that did it. The powers that be - Standard & Poor's, Moody's Investors Service and Fitch Ratings - later denied the rumour ...

Goodbye or good buy?

BENJAMIN ONG  |  TUESDAY, 9 AUG 2011
... downgrade of America's credit worthiness, it was perfectly human for those in the don't know to attribute last night's carnage to USA losing one A. It didn't help that Standard & Poor's went on a slashing spree last night - cutting the ratings of names ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... use pretending not to know what I'm talking about, it's splattered all over the weekend news. S&P has dropped one A from the USA's AAA. I must admit, I too didn't know what to think or how to react to this nasty development - it's just as well that I ...

Buy the fear

BENJAMIN ONG  |  FRIDAY, 5 AUG 2011
... Dow closed down by 4.3%and the Nasdaq lost 5.1%. The financial markets' reaction is not surprising given that fears over the USA has re-emerged alongside the re-flaring of concerns over that lingering debt issue across the Atlantic - where the big economies ...

Now for the denominator

BENJAMIN ONG  |  TUESDAY, 2 AUG 2011
... been autographed. Perhaps these are those that haven't read Moody's and Standard & Poor's declarations last week that the USA will keep its AAA - deal or no deal. That's it! Finito. Now let's turn our gazes into the denominator of the debt-to-GDP ratio. ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
... omnipotent arbiter of all things involving debt - already covered its behind even before the announcement. It stated that the USA should be able to keep its AAA "even if the nation's $14.3 trillion borrowing limit isn't raised by Tuesday's deadline" ...

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
... 0.6%. Yup, grim reading. But if investors really, truly believe that America will default -- or the most recent scare, that USA will lose its AAA even if a default is averted - and unleash hell in the financial markets, wouldn't we have seen a much bigger ...