US debt


Bartholomeusz: sucked into a commodities vacuum

The wobbles in commodity markets in recent weeks may well be related to the imminent end of the US Federal Reserve’s $US600 billion QE2 quantitative easing program.

Maley: China’s debt binge hides an imminent crisis

For the past few years, China watchers have worried about the mountainous debt levels being carried by local governments. Now, it appears, Beijing has finally resolved to take action, writesKaren Maley.

Business As Usual: Kiwis up interest rates … Nigerian scam tied to BP spill … Is the US the new Greece?

Kiwi interest rates up for the first time in three years, leaks out of China have a big say in market performance, Nigerian scammers move on the BP oil spill and other business news.

The day that Barnaby Joyce made sense

While much of what Barnaby Joyce says is not worth taking much notice of, last week was one of the few instances where he made a valuable contribution to debate: however unlikely, the US may default on its debt.

Congress to lift the ceiling on US’ $12 trillion debt

The $12 billion US government debt may force Congress to engage in a brawl with the President that could see the government shut down. It could also lead the Obama administration to produce the toughest Budget in a decade, with massive spending cuts.