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Third World Debt Headlines

Fitch cuts Japan's credit rating, cites huge debt - Sydney Morning Herald


Bloomberg

Fitch cuts Japan's credit rating, cites huge debt
Sydney Morning Herald
Fitch cut Japan's credit rating by two notches on Tuesday, citing its "leisurely" efforts at shrinking a massive public debt, as Tokyo struggles to kick-start the world's third-largest economy. The global agency downgraded Japan's long-term foreign ...
Japan Rating Cut by Fitch on 'Leisurely' Efforts to Tame DebtBloomberg

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Escaping the Historical Parallels of European Economic Chaos - Huffington Post


Escaping the Historical Parallels of European Economic Chaos
Huffington Post
Germany's resentment over having to make these payments -- most of which were never ultimately made -- played a substantial role in fomenting the rise of the Third Reich and World War II. Is no one else haunted by the thought that European economic ...

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America: Slouching Towards Third World Status - Huffington Post


America: Slouching Towards Third World Status
Huffington Post
In many areas, our infrastructure is an embarrassment, already inferior to that of many third world countries. These facts (and many others) have escaped Romney, Santorum and our current group of Republican leaders. Obama and the Democrats aren't doing ...

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Treasuries Fall Third Day Before European Summit, Note Auctions - San Francisco Chronicle


Bloomberg

Treasuries Fall Third Day Before European Summit, Note Auctions
San Francisco Chronicle
US 10-year note yields rose for a third day, the longest streak in two months, before the US auctions $99 billion in debt starting today. Sales of existing homes in the US increased more than forecast in April. The central bank sold $8.6 billion of ...
Treasuries Remain Lower After $35 Billion 2-Year SaleBusinessWeek
Treasury ETF Rally Threatens StocksSeeking Alpha

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OECD Sees Risk of Europe Crisis Hurting World Economy - Bloomberg


EurActiv

OECD Sees Risk of Europe Crisis Hurting World Economy
Bloomberg
The Organization for Economic Cooperation and Development said Europe's debt crisis risks spiraling and seriously damaging the world economy. “The risk is increasing of a vicious circle, involving high and rising sovereign indebtedness, weak banking ...
OECD: Eurozone crisis threatens world recoveryEurActiv
OECD: Japan's Econ To Grow About 2% In 2012 On Reconstruction Spending, Expand ...Wall Street Journal
OECD urges Canadian interest rate hikeCTV.ca
IBTimes.co.uk -Reuters
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