Definition: This entry gives the total public and private debt owed to nonresidents repayable in foreign currency, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Debt - external map
Piketty calls Germany's moral stance on Greek debt a 'huge joke'
The Business Insider - 7/6/2015 1:23:51 PM
This includes the cancellation of 60% of the country’s foreign debt at the London Debt Agreement ... explained that Germany’s reparations were eased after World War II because the enormous debt from the previous war helped Hitler rise to power, Piketty ...
Thomas Piketty Explains Why the Germans Are Being Massive Hypocrites About Greece's Debt
Slate - 7/6/2015 11:15:00 AM
What struck me while I was writing is that Germany is really the single best example of a country that, throughout its history, has never repaid its external debt. Neither after the First nor the Second World War. However, it has frequently made other ...
As its debt crisis deepens, Netanyahu pledges to assist Greece
The Times of Israel - 7/7/2015 5:51:42 AM
Prime Minister Benjamin Netanyahu pledged Monday to help Greece’s floundering economy during a meeting with the country’s Foreign Minister Nikos Kotzias ... nuclear deal between Iran and the P5+1 world powers, which, he claimed, would facilitate ...
Challenges for systemic risk assessment in low-income countries
Brookings - 7/6/2015 3:51:12 AM
Traditional policy frameworks that rely on monetary, fiscal, and micro-prudential policies failed to contain the risks that led to the global financial ... Fifth, foreign banks are a major presence. Since the mid-1990s, many countries eased the entry ...
In an interconnected world, India cannot escape Greece crisis's fallout
Rediff India Abroad - 7/7/2015 5:08:45 AM
He added: 'Germany is really the single best example of a country that, throughout its history, has never repaid its external debt. Neither after the First nor after the Second World War. However, it has frequently made other nations pay up, such as after ...
1953 vs. 2015 – A Tale of Two Debt Reliefs
The Wall Street Journal - 7/6/2015 12:55:13 PM
That amounted to around half of West Germany’s external ... s debt is expected to reach 129% of GDP by 2020, according to a document from the IMF. But U.S. and Europe were desperate not to make the same mistake that followed after World War I, where ...
Greek foreign minister Nikos Kotzias in Israel amid economic crisis
Times of India - 7/5/2015 4:52:38 PM
JERUSALEM: Greek foreign minister Nikos Kotzias arrived in Israel for ... days after becoming the first developed country to miss a debt payment to the International Monetary Fund.
Greece debt crisis: British holidaymakers warned to take euros in cash amid financial uncertainty
Mirror - 7/7/2015 6:06:01 AM
Warning: Following yesterday's referendum, the Foreign and Commonwealth Office have issued advice to tourists Holidaymakers planning on heading to Greece this summer are being warned to take euros in cash after the country was plunged into further ...
UN debt expert says Greece can't take more austerity
Economic Times - 7/6/2015 9:34:47 AM
Juan Pablo Bohoslavsky, the UN Independent Expert on Foreign Debt, told reporters ... bank will follow global best practices in transparency and governance. Rights groups often criticise China for its "no-strings" loans to countries, especially in Africa ...
Here's why Greece can be your cheapest foreign holiday ever!
Daily Bhaskar - 7/6/2015 3:25:33 PM
The entire world is talking about the great Greek financial meltdown or the country's debt crisis, but what the world has not ... plastic money and still carry with stack of cash on our foreign holidays. In fact, when travelling as a family, each member ...
Pakistan bank eyes foreign acquisitions
MENAFN - 7/7/2015 5:58:51 AM
Jul 7 2015 - Qatar- Advisory Council discusses report on sponsorship law, Gulf Times (MENAFN - Gulf Times) The Advisory Council discussed a report by the Internal and External ... the country with the world's lowest debt-to-GDP ratio, is evaluating the ...
PHL may sell $750-M global bonds in 2016
BusinessMirror. - 7/6/2015 1:16:42 PM
The Philippines may offer about $750 million of global bonds in 2016 while seeking to keep domestic ... “The government has cut foreign- debt component to 34 percent of the total, reducing our vulnerability to fluctuations in the foreign currency ...
This surprising chart shows which countries own the most U.S. debt
Washington Post - 10/9/2013 11:55:15 PM
It's no secret that China is the world's largest foreign holder of U.S. debt ... that could significantly devalue their investment. This chart, of foreign debt-holders by country, really drives home why China is so preoccupied with our internal squabbles.
Global stocks and oil drop on concerns about Greece, China
Reuters - 7/6/2015 6:38:49 PM
Greek banks, which were shuttered last week after debt negotiations failed ... U.S. light crude was 6.53 percent lower at $53.21. MSCI's all-country equities world index lost 1.08 percent, while its emerging markets index dropped 2.08 percent.
Greece news live: Banks to remain shut for another two days as creditors squeeze country after No vote
Daily Telegraph - 7/6/2015 4:58:36 PM
Economics ministers Emmanuel Macron urged Europe to avoid another "Versailles moment" with Greece yesterday - referring to the humiliating post-war conditions imposed on a defeated Germany after the First World ... country defaulted on a mountain of debt ...