Nov 15 Watch News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first… Continue watching
Nov 15 How Would YOU Balance the U.S. Budget? By Paul Solman The Sunday Times recently featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget. And, if you prefer to get… Continue reading
Nov 15 How Would YOU Balance the U.S. Budget? By Elizabeth Shell The Sunday Times featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget. And if you prefer to get out… Continue reading
Nov 12 Watch At G-20, Loose Goals Set for Trade Imbalances; U.S. Prods China on Currency World leaders at the G-20 summit in South Korea set broad guidelines for the global economy but left out details on how key issues will be resolved. Jeffrey Brown speaks with Sewell Chan of the New York Times, who covered… Continue watching
Nov 12 Passing the Buck: China, Dollars and Debt A bit more about the interplay between China's holding of currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor… Continue reading
Nov 12 Passing the Buck: China, Dollars and Debt Editor's Note: A bit more about the interplay between Chinese currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor Company and… Continue reading
Nov 12 Truth and Consequences: Or What Happens When The Election Ends Former Wyoming Sen. Alan Simpson, a Republican, and former Clinton White House chief of staff Erskine Bowles, a Democrat, have been to this rodeo before. That's why they waited one week and one day to drop their post-election bombshell. By… Continue reading
Nov 12 Pelosi Will Take Wait-and-See Approach to Debt Commission's Proposals Speaker of the House Nancy Pelosi. File photo; Getty Images. What a difference a day makes. On Wednesday, outgoing House Speaker Nancy Pelosi called the draft proposal released by the co-chairs of the president's National Commission on… Continue reading
Nov 12 G20 Leaves Work to Be Done; Iraq's Government Agreement Faces Obstacles Representatives of the world's largest economies who gathered in Seoul faced a series of tough issues, many of which could not be resolved in the span of the two-day summit. Most pressing are trade and currency imbalances and the… Continue reading
Nov 12 Watch G-20 Leaders Leave With Few Specifics on Trade, Currency The Group of 20 summit in South Korea concluded with some broad goals but many lingering questions over currency disagreements and trade imbalances. Judy Woodruff gets more on what happened -- and what didn't happen -- with Eswar Prasad of… Continue watching