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Thursday, October 19, 2017
debt crisis

Argentina Blames U.S. For Debt Woes, Denies Default

Buenos Aires (AFP) – Argentina blamed the United States for the legal battle that forced it to miss a debt payment and, despite ratings agencies’ declarations to the contrary, denied being in default. Ratings agency Fitch declared Argentina in “restrictive default” Thursday after 11th-hour talks failed to resolve the country’s dispute with two U.S. hedge […]

August 1, 2014

Exclusive: John Kerry Says ‘Chinese Are Laughing All The Way To The Bank’ Over Prospect Of U.S. Credit Downgrade

The global impact of the American debt crisis – and the likelihood of permanent damage to American interests – are already visible to Senator John Kerry (D-MA) from his perch as chairman of the Senate Foreign Relations Committee. Indeed he is not only seeing but hearing those effects. “The Chinese are laughing all the way […]

July 28, 2011