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Nov 11

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American Debt and The Chinese Government: A Match Made in Purgatory?

By Elizabeth Shell

Editor's Note: The United States is in debt to the tune of $13.7 trillion. But for what, and to whom? Basically, the debt is the result of more spending that saving at every level, from individual households to businesses to…

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Nov 11

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U.S. Debt and the Chinese Government: A Match Made in Purgatory?

By Elizabeth Shell

The United States is in debt to the tune of $13.7 trillion. But for what, and to whom? At its core, the debt is the result of more spending than saving at every level, from individual households to businesses…

Continue reading

Jun 28

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At the G20, a Debate Over Spending and Budget Cuts

By Larisa Epatko

At the conclusion of the weekend's G20 summit in Canada, countries agreed to cut their deficits over the next three years in order to stabilize the global economy, but maintain flexibility to decide on their own how to do so.

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Jun 25

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Global Leaders Meet at Back-to-Back Economic Summits

By Larisa Epatko

Leaders of some of the world's largest economies are meeting in Canada over the weekend to focus on nurturing the global economic recovery and facilitating international security and aid.

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Oct 15

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IRS Ends Amnesty for Use of Overseas Tax Havens

In an interview with Jeffrey Brown, IRS Commissioner Doug Shulman discusses the agency's efforts to close overseas tax shelters.

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Sep 25

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G-8 Will Expand Permanently to G-20 for Economic Issues

By Online DA

World leaders plan to announce Friday the Group of 20 will replace the Group of Eight as the main forum for coordinating global economic policy, a reflection of the increasing importance of fast-growing economies such as Brazil, China, and India.

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Sep 24

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Extended Interview: Brazilian President Luiz Inacio Lula da Silva at the G-20

In an interview with Paul Solman from the G-20 meeting in Pittsburgh, Brazilian President Luiz Inacio Lula da Silva clarifies his infamous remarks on 'blue-eyed' bankers and weighs in on where emerging markets like Brazil fit in the global economy.

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Sep 24

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In Case You Missed It: Ahead of the G-20, How Are World Economies Faring?

Editor’s note: In anticipation of the G-20 summit that begins today in Pittsburgh, Paul’s segment last night took a look at how the world’s economies are faring a year into the financial crisis. Along the way, he gets some global…

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Sep 24

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G-20 Leaders Urge Financial Reforms, but Dramatic Results Seen as Unlikely

By Carolyn O'Hara

As the leaders of the G-20 meet in Pittsburgh to discuss how to overhaul the global financial system, countries are calling for a wide spectrum of reforms. But a dramatic overhaul of how the global economy is run may be…

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Sep 23

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Joe Stiglitz on How the G-20 Should Tackle Global Financial Reform

By Business Desk

Editor’s note: Paul recently sat down with economist and Nobel laureate Joseph Stiglitz to talk about the financial reform agenda at the G-20 meetings that begin tomorrow in Pittsburgh. Beyond offering thoughts on just what the G-20 countries can…

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