Tag: Sovereign debt
Acclaim, fundraising spread unevenly among Black colleges
ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...
CBO projects federal deficit will hit $3 trillion this year
The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
Greece taps markets for 4th time in 2021, raises 2.5bn euros
ATHENS, Greece — Greece raised 2.5 billion euros ($3.1 billion) on Wednesday after reopening a 10-year bond auction, with demand reportedly more than 10...
Treasury warns of need to deal with national debt limit
WASHINGTON — The Treasury Department says it will employ extraordinary measures to avoid an unprecedented default on the national debt this summer, but officials...
McConnell says GOP open to $600 billion for infrastructure
LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...
Greece closer to investment grade with ratings upgrade
Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to...
Groups push for easier student loan relief for the disabled
Advocates for the disabled are pressing the Biden administration to cancel student debt for hundreds of thousands of Americans who have disabilities that make...
Greece: Stores open amid virus surge to help rescue economy
ATHENS, Greece — Retail stores across most of Greece were allowed to reopen Monday despite an ongoing surge in COVID-19 infections, as the country...
