- 13:56 10/11/2011 WASHINGTON, November 10 (RIA Novosti) -
Commissioners in Jefferson County, Alabama's most populous county, have filed for an estimated $4.2 billion bankruptcy, the largest municipal bankruptcy in U.S. history, the local newspaper Birmingham News reported late on Wednesday.
- 20:52 07/10/2011
Occupy Wall Street Now! protesters in New York are camping in the park and have no intention of leaving the site before December. Campaigning against “financial terrorism,” they have set up a field kitchen, a first-aid post, a printing shop, and a news bureau of their own.
- 16:52 07/10/2011
Modeled on New York’s “Occupy Wall Street Now,” this Washington demonstration is named “Occupy D.C. Now.” As in New York, the majority of protesters took to the streets to urge a change in the economic situation at home.
- 10:15 01/09/2011 MOSCOW, September 1 (RIA Novosti, Agata Sheremet)
The U.S. economy is on the brink of a new wave of recession which is likely be suffused with a fresh wave of liquidity as the nation seeks to depreciate its crushing debt with the aid of inflation, analysts say.
- 12:15 22/08/2011 MOSCOW, August 22 (RIA Novosti)
Russian stocks lost over one percent in early Monday trade but the ruble firmed against the dollar amid the gloom on international trading floors.
- 19:15 19/08/2011 MOSCOW, August 19 (RIA Novosti)
Russia's dollar-denominated RTS stock exchange index fell 0.56 percent compared to the previous closing on Friday, while the country's ruble-denominated MICEX index went down 0.97 percent after the stock market's morning 4 percent fall on fears of economic slowdown.
- 12:04 19/08/2011 MOSCOW, August 19 (RIA Novosti)
The United States is in danger of collapsing because of mismanagement, one of America’s former leading diplomats has said.
- 18:29 18/08/2011 BEIJING, August 18 (RIA Novosti)
China and the United states should boost macroeconomic policy coordination and jointly contribute to a recovery of confidence on global markets, Chinese Vice President Xi Jinping told U.S. Vice President Joe Biden who is on a trust-building visit in Beijing.
- 16:40 18/08/2011 MOSCOW, August 18 (RIA Novosti)
Leading European stock indices plunged on Thursday due to spreading fear of slowing world economic growth and poor bank results.
- 09:00 16/08/2011
World stock markets tumbled sharply on August 4. Negative indicators from the United States were the official reason, but in fact unsettled markets were caused by the debt crisis in Europe, which has lasted too long, and the United States’ growing state debt.
- 19:05 10/08/2011 MOSCOW, August 10 (RIA Novosti)
Russia's dollar-denominated RTS stock exchange index dropped 4.51 percent compared to the previous close, while the country's ruble-denominated MICEX index fell 4.43 percent at closing on Wednesday.
- 13:56 10/08/2011 MOSCOW, August 10 (RIA Novosti)
The official rate of the Russian ruble rate rose 11 kopecks against the U.S. dollar to 29.3 on Wednesday, but fell against the euro by 12 kopecks to 42 recovering after two days of slumps, central bank data showed.
- 11:04 10/08/2011 MOSCOW, August 10 (RIA Novosti)
The Russian ruble regained ground against the U.S. dollar and the euro on the domestic foreign exchange market on Wednesday morning after a steep decline in the previous two days in the wake of the U.S. rating downgrade.
- 23:45 09/08/2011 RIA Novosti economic commentator Vlad Grinkevich
President Barack Obama's assurances early this week that U.S. debt will remain "among the world's safest" failed to keep American markets from plunging further. At the close of trading Monday, the Dow Jones had dropped 5.5%, while the S&P 500 and Nasdaq were down 6.7% and 6.9% respectively.
- 22:50 09/08/2011 MOSCOW, August 9 (RIA Novosti)
The U.S. Federal Reserve announced on Tuesday it would keep the federal funds rate unchanged at 0.0-0.25 percent for at least two more years.
- 19:30 09/08/2011 MOSCOW, August 9 (RIA Novosti)
Russia's dollar-denominated RTS stock exchange index dropped 2.87 percent compared to the previous close, while the country's ruble-denominated MICEX index fell 0.13 percent at closing on Tuesday.
- 18:43 09/08/2011 SOCHI, August 9 (RIA Novosti)
Russian financial authorities are ready to offer necessary liquidity to the wobbling markets, Prime Minister Vladimir Putin said on Tuesday.
- 18:18 09/08/2011 MOSCOW, August 9 (RIA Novosti)
The Russian stock market continued falling and the ruble weakened against the dollar and the euro for a second consecutive day on Tuesday, in the wake of Standard & Poor's downgrade of the United States and gloom on international trading floors.
- 11:07 09/08/2011 MOSCOW, August 9 (RIA Novosti)
The Russian stock market extended losses on Tuesday and the ruble plunged against the dollar and the euro for a second consecutive day over fears that the U.S. economy was in danger of going back into recession.
- 19:19 08/08/2011 MOSCOW, August 8 (RIA Novosti)
The index of Russia's Moscow Interbank Currency Exchange (MICEX) slumped 5.5 percent below 1,500 points on Monday, while the RTS stock exchange index dropped almost 8 percent, according to the trading floors.
- 19:01 08/08/2011 MOSCOW, August 8 (RIA Novosti)
The chances are 1 to 3 that rating agency Standard & Poor's will further downgrade the U.S. long-term sovereign credit rating following the agency's historic decision to cut America's top-tier AAA rating, a S&P official said.
- 18:06 08/08/2011 MOSCOW, August 8 (RIA Novosti)
International prices for oil, Russia's key export, dropped four percent on Monday on a market gripped by panic that Standard & Poor's rating agency which has cut the U.S. credit rating for the first time in the history of the country, will downgrade it further.
- 17:20 08/08/2011 BRUSSELS, August 8 (RIA Novosti)
The European Union has held negotiations with the G7 and G20 groups of major economies in a bid to restore confidence in the global markets, after ratings agency Standard & Poor's cut the U.S. top-tier AAA credit rating on Friday, a European Commission spokesman said on Monday.
- 23:24 07/08/2011 WASHINGTON, August 7 (RIA Novosti)
U.S. Treasury Secretary Timothy Geithner will remain in his position through the presidential campaign in 2012, the Politico newspaper reported on Sunday.
- 21:27 07/08/2011 WASHINGTON, August 7 (RIA Novosti)
Leading Republicans accused the U.S. president and his economic team of a failure of leadership this weekend after the Ratings agency Standard & Poor's downgraded the United States' top-notch AAA credit score by one notch to AA-plus for the first time ever on Friday.
- 02:57 07/08/2011 NEW YORK, August 7 (RIA Novosti)
A downgrade of the United States' credit rating would raise the nation's borrowing costs by $100 billion a year, Bloomberg said, quoting a report by the JPMorgan Chase & Co. (JPM) investment bank.
- 19:38 06/08/2011 MOSCOW, August 6 (RIA Novosti)
A downgrade of the United States' top-notch AAA credit rating is justified as the country must stop relying on credits, the head of research at the Russian Higher School of Economics, Yevgeny Yasin said on Saturday.
- 15:52 06/08/2011 MOSCOW, August 6 (RIA Novosti)
The loss of the United States' AAA credit rating is unlikely to affect the Russian market, a senior Moscow lawmaker said on Saturday.
- 09:49 06/08/2011 MOSCOW, August 6 (RIA Novosti)
Ratings agency Standard & Poor's has downgraded the United States' top-notch AAA credit score for the first time ever, citing concerns about the country's record budget deficits and rising debt burden.
- 10:57 04/08/2011 MOSCOW, August 4 (RIA Novosti)
U.S. Senate leaders have agreed on a path to approve a displaced worker aid bill that would pave the way for a vote on three long-stalled free trade agreements with South Korea, Colombia and Panama.
- 21:38 03/08/2011 RIA Novosti economic commentator Vlad Grinkevich
President Barack Obama has signed into law the bill raising the U.S. debt ceiling. Default has been averted, but rating agencies could still downgrade U.S. top notch credit status. Moody's and Fitch announced their ratings on August 2, while Standard & Poor's said it could only uphold its AAA rating after reviewing the details of the deal.
- 20:01 03/08/2011 Alexei Pilko for RIA Novosti
The U.S. political system based on checks and balances forced President Barack Obama to discuss the Afghan issue with Republicans in order to make a deal over the state debt. This is one more piece of evidence how interdependent the domestic and foreign policies in the United States are.
- 04:33 03/08/2011 WASHINGTON, August 3 (RIA Novosti)
Co-chairmen of the U.S. Senate Armed Services Committee denied reports that the recently approved debt ceiling deal will cut national defense spending by $350 billion.
- 23:48 02/08/2011 WASHINGTON, August 2 (RIA Novosti)
The U.S. Senate on Tuesday passed a bill raising the debt ceiling, which will now go before President Barack Obama to be signed.
- 20:35 02/08/2011
U.S. President Barack Obama announced that he had reached a deal with Republican and Democratic leaders to raise the nation's debt ceiling by at least $2.1 trillion and avoid default. The Congress and Senate approved the deal.
- 18:15 02/08/2011 WASHINGTON, August 2 (RIA Novosti)
The U.S. Senate resumed debating a bill on Tuesday to widen the nation's debt ceiling and cut budget spending, as Congress prepares to vote on a plan agreed on Sunday.
- 11:05 01/08/2011 WASHINGTON, August 1 (RIA Novosti)
U.S. President Barack Obama has said he had reached a deal with Republican and Democratic leaders to raise the nation's debt ceiling by at least $2.1 trillion and avoid default.
- 06:09 01/08/2011 MOSCOW, August 1 (RIA Novosti)
U.S. President Barack Obama said on Monday an agreement was reached with Republicans to raise the debt ceiling, U.S. media reported.
- 02:54 01/08/2011 WASHINGTON, August 1 (RIA Novosti)
With less than two days left to avert U.S. debt default, the Congress and the administration failed to find a solution for the federal debt stalemate.
- 03:49 30/07/2011 WASHINGTON, July 30 (RIA Novosti)
The US House of Representatives has narrowly passed a Republican bill providing a short-term $900-billion increase in the nation's debt ceiling.
- 11:39 28/07/2011 MOSCOW, July 28 (RIA Novosti)
The price of benchmark 10-year U.S. Treasuries edged down on Wednesday and demand at an auction to sell five-year bonds was low, as Congress failed to agree a deal on state debt increase and the budget deficit.
- 19:16 26/07/2011
The day when the final decision on the U.S. debt ceiling has to be made is approaching with the speed of lightning. Yet still Republicans and Democrats did not reach any compromise whatsoever. Does this mean that the White House might actually announce a default? 2-minute warning believes that the whole debate is nothing but a show (been there, done that!) and suggests skeptics to read classical literature.
- 18:17 20/07/2011 MOSCOW, July 20 (RIA Novosti, Julie Tolkacheva)
The U.S. Congress is likely to approve an increase in the country's debt ceiling, as it has many times done before, analysts said on Thursday.
- 12:04 14/07/2011 RIA Novosti political commentator Andrei Fedyashin
Budget and debt problems are once again racking America. Barack Obama has failed to persuade the Republican majority in Congress to raise the national debt ceiling.
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