When some new members of Congress recently said they oppose raising the U.S. debt limit, it triggered warnings of “catastrophic consequences.” Indeed, the result wouldn’t be pretty. But here’s what’s at stake as the country’s d…
Simply put, the losses Irish taxpayers will be forced to cover are larger than the nation’s economy can support, even with the promised bailout. The EU and Irish political leadership’s attempts to put a brave face on the crisis…
The Swiss franc has been a top currency over the past six months, outpacing the dollar by 8.9% and the euro by 7.8%, thanks to shaky conditions in Europe. But some signs suggest the Swiss currency is due for a correction.
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