The Senate voted to restructure Puerto Rico's debt to avoid July 1st default
European markets have followed Asian shares downward on fears that the plan to bailout Cyprus could trigger an escalation of the eurozone debt crisis.
Obama explains that the differences in Republican objectives for the budget are just too far off from the Democratic objects to achive a Grand Bargain. Also, there is no immediate debt crisis that necessitates gutting Medicare, Medicaid, or Social Security.
Activists: Air raid on Petrol Station in Damascus Suburb Kills 30 At least 30 civilians were killed on Wednesday when Syrian warplanes bombed a petrol station in a rebellious suburb on the eastern edge of Damascus, two opposition campaigners
Did you seriously think that Lindsey Graham would tell the truth about debt and deficits? Did you think the soon to be retired Ron Paul would tell you the truth about the US currency? He's into the gold standard and Bircher-type monetary
Thousands of people protested across Greece on Thursday against the next round of spending cuts, required in return for another bailout installment. The 24-hour strike is the country's 20th national stoppage since the debt crisis