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US debt default 'by end of month'

2014-02-03 19:12:02| BBC News | Business | UK Edition

Treasury Secretary Jack Lew warns the US government may default on its debt by the end of the month if Congress does not raise its borrowing limit.

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Keystone potential bargaining chip in congress debt talks

2014-01-25 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: House Republicans are trying to agree on what they want from Democrats in exchange for votes to raise the U.S. debt limit as soon as next month. Majority Leader Eric Cantor and House Budget Committee Chairman Paul Ryan have suggested insisting on approval of the TransCanada Corp. (TRP) Keystone XL pipeline as a condition of a higher debt ceiling. Representative Tim Huelskamp of Kansas is among Republicans who want to take a harder line and demand major changes to President Barack Obamas health-care...

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Telefonica in talks to refinance five billion euros of debt

2014-01-24 16:51:09| Telecom - Topix.net

One of Europe's most heavily indebted telecoms operators is negotiating with creditors to lower the cost and extend the maturity of a 3 billion euro loan, three sources with direct knowledge of the deal said, confirming a report in Spanish business daily Expansion.

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Dubai confirms final deal on $10 billion debt restructuring

2014-01-24 01:01:57| Real Estate - Topix.net

Financial services conglomerate Dubai Group has reached a final deal with creditors on restructuring $10 billion of debt, resolving the last major hangover from the emirate's financial crisis, its parent company confirmed on Thursday.

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Irish debt no longer rated junk

2014-01-17 23:23:07| BBC News | Business | UK Edition

The credit rating agency Moody's upgrades Ireland's debt from junk status saying its economy has growth potential.

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