U.S. Reaches Debt Deal at Last – Tomorrow is the deadline to avoid a US default on payments to investors in Treasury bonds, recipients of Social Security pension cheques, those relying on military veterans benefits and businesses that do work for the government. If approved, the compromise would presumably preserve America’s sterling credit rating, reassure [...]
Tags: Debt Default
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Importers are struggling to cope with a weaker Australian dollar after the 11-month rally that drove it as high as 94 US cents came to an abrupt end. Turmoil on international markets, triggered in large part by debt default fears for several European nations, has stoked global growth jitters. The Aussie dollar, tied closely to [...]
Tags: Aussie Dollar, Australian Dollar, Christmas Sales, Commodity Prices, Corporate Clients, currency, Debt Default, Fears, Global Growth, Importers, International Markets, Jitters, Local Businesses, Profits, Purveyors, Queries, Rally, Retail Sector, Senior Consultant, Turmoil
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