U.S. government shutdown

World economy 11th November 2013

U.S. Credibility to Europeans (After a Government Shutdown and a Spying Scandal)

MADRID | By Adrianna Rodriguez* | The past year has been rocky for the United States, to say the least: Edward Snowden released the most significant leak in recent history; German leaders now think twice about their after hours phone calls, and the US spent about $24 billion on a national tantrum. It’s simpler to say that the country has finally lost all credibility in European eyes, however, that’s not necessarily the case. How is it that Washington can go through all this nonsense and still appear on top?

World economy 7th October 2013

U.S. Government Shutdown- the Last Gasp of the Reagan-Friedman Agenda?

WASHINGTON | By Jeff Madrick via The Next New Deal | This latest outrage is just another symptom of an extreme anti-government ideology with roots dating back to the 1970s, the author believes. And sequestration is undermining what could have been a strong recovery by now.

World economy 1st October 2013

Who Will, Won’t and Might be Affected by U.S. Government Shutdown

NEW YORK | By Ana Fuentes | A game of political chicken between Republicans and Democrats ended in failure on Monday. The U.S. government is partially shutdown, which may cost the economy as much as 1 billion a week. Check out who is affected and who isn’t. And bear in mind this is just an appetizer for the real havoc: the debt crush is announced for October 17.

Markets 30th September 2013

U.S. Government Shutdown: A Storm Pushes Through the Markets

MADRID | By Luis Arroyo |The clock is ticking: if Congress can’t agree to budget terms, parts of the federal government will shut down by Monday midnight. But markets have reacted differently than expected to this political pulse between Democrats and Republicans.