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World Debt Crises News

U.S. futures set to rebound as G-8 leaders gather

U.S. stock futures are rebounding as leaders of eight of the world's biggest economies begin to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe.

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G-8’s $29 trillion debt

CAMP DAVID, Md. — G-8 countries are $29 trillion in debt. Can any spare a few euros, dollars, rubles or yen to save the global economy? Yesterday, President Obama told world leaders: Yes, we can! He advised less austerity and more spending to keep Greece in the euro zone — and he...

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Debt threat returns in developing world

Call for a 'new jubilee' as financial crisis and ballooning private debt create new vulnerability in impoverished countries. A ground-breaking new report from Jubilee Debt Campaign has found that debt burdens in impoverished countries have increased significantly since the debt cancellation of the 2000s, following fallout

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IFC, ADM Capital Launch Innovative Financing to Turn Around Asian Midsize Companies, Save Jobs

HONG KONG, May 21, 2012 /PRNewswire-Asia/ -- IFC, a member of the World Bank Group, and ADM Capital, a leading investor in stressed companies in Asia and Europe, have launched an innovative lending facility ...

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US futures set to rebound as G-8 leaders gather

U.S. stock futures are rebounding as leaders of eight of the world's biggest economies begin to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe.

Read more...