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Items tagged with: borrowing
Tag was last used: Mar 13, 2009
 
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Posted By:  zephyr
Posted On:  Mar 13, 2009

  Oil-rich Trinidad forced to borrow more after CLICO bailout

By Oscar Ramjeet: Caribbean Net News Special Correspondent - Email: oscar@caribbeannetnews.com: PORT OF SPAIN, Trinidad: CL Financial’s crisis will force the Trinidad and Tobago government to borrow more this year to sustain its rescue of the cash-strapped conglomerate. Central...... [view]

Posted By:  zephyr
Posted On:  Oct 6, 2008

  Rescuing the rescue plan

By ASIM ERDİLEK: What a turbulent and dramatic week it was for the US and the global economies, with sudden political uncertainty about the fate of the bailout plan on top of the worsening financial crisis! The rescue plan had to be rescued itself with political scrambling and...... [view]

Posted By:  zephyr
Posted On:  Oct 1, 2008

  Bailout Blues

By Joseph E. Stiglitz: It doesn’t take a genius to figure out that the United States’ financial system – indeed, global finance – is in a mess. And now, with the US House of Representatives having rejected the Bush administration’s proposed $700 billion bailout plan, it is also...... [view]

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