Latest Global Debt Crisis News

Person of the Year 2015
Allies say the 61-year-old chancellor was driven by her Christian principles, belief in the positive effects of migration — and concern that the crisis could tear Europe apart. To her supporters, this is strong, … The German Chancellor's 'refugees …
Read more on Financial Times

How a Fed Hike Could Hurt Your Credit Card Debt
Oil has slumped to levels last seen in the global financial crisis in 2009 amid a global supply glut. While the prices of benchmarks West Texas Intermediate and Brent hover in the $ 30s, they represent a category of crude — light and low in sulfur …
Read more on Bloomberg

Original Sin Stores Up Pain as Asean Firms Face Billion Bill
Companies face $ 45 billion of bond repayments in greenbacks, euros or yen in the coming five years, breaking records set after the 1997 Asian Financial Crisis, when economists Barry Eichengreen and Ricardo Hausmann coined the term "original sin" to …
Read more on Bloomberg

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