French public debt grows to 1.269 trillion euros
PARIS (AFP) - France's public debt increased by 18.8 billion euros in the second quarter and stood at 1.2693 trillion euros (1.8 trillion dollars) on June 30, the state statistics agency Insee said Tuesday.
Nations:France People:Nicolas Sarkozy Activities:France Sarkozy Admin. Source:(AFP)
2008-09-30
Economists see financial bailout as necessary
WASHINGTON - The economy could suffer a massive hangover from the government's efforts to rescue the financial system in the form of a soaring debt burden. But the alternatives look infinitely worse.
Nations:U.S. People:Henry Paulson Barack Obama John McCain Activities:2008 U.S. Financial Rescue
2008-09-20
World stocks surge on US mortgage rescue plan
NEW YORK (AFP) - Global stocks soared Monday in a massive relief rally after the US government took over ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a global financial meltdown.
Nations:Brazil France Japan People:Henry Paulson Activities:U.S. Mortgage Giant Bailout Source:(AFP)
2008-09-08
Billionaires say US debts need attention
OMAHA, Neb. (AP) -- Two billionaires used the screening of a documentary in theaters across the United States on Thursday to urge the country to come to grips with its staggering debt load.
People:Alan Greenspan Warren Buffett
2008-08-21
Simmering domestic issues face next president
The next president will face long-simmering domestic problems that range from a weakening economy to ballooning health care costs and stubborn budget deficits.
People:Barack Obama John McCain George W. Bush Hillary Clinton Activities:US Election 2008
2008-03-06
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