News

Australia to Raise Debt Ceiling

Move to Raise Debt Ceiling to $483 Billion as Mining Slowdown Bites SYDNEY—Australia’s new conservative government said it would seek to raise the ceiling on government borrowing to fund its policies and day-to-day operations, highlighting the dire state of...

22
Oct

Congress Passes Debt, Budget Deal

Bill to Reopen Government Through Jan. 15, Lift Debt Ceiling Until Feb. 7 A potentially crippling U.S. debt default was averted late Wednesday, as Congress passed legislation to break a political showdown that had rattled financial markets, splintered the...

17
Oct

Italy Projections Show Hung Parliament on Berlusconi

Italy’s inconclusive election triggered renewed market jitters over Europe’s debt crisis as recession-scarred voters repudiated budget rigor and established former comedian Beppe Grillo as a political force. In the four-way race, pre-election favorite Pier Luigi Bersani won the lower house...

26
Feb