Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Public debt map
Greek Speak: A guide to the country's debt crisis lexicon
Public Opinion - 7/7/2015 3:07:04 AM
NEW YORK (AP) — Greece's debt crisis has spawned its own awkward argot ... Took off on Twitter, when Greece's prime minister called for the public to vote on the terms offered by the country's lenders in exchange for more loans. Greek voters delivered ...
On Mykonos, Debt Crisis Is a World Away
Wall Street Journal - 7/7/2015 10:02:14 AM
but sales have largely dried up amid the increased uncertainty about the country’s future, local estate agents say. Greece and its creditors are scrambling for a solution to its five-year debt crisis after the Greek public voted on Sunday to reject tough ...
In an interconnected world, India cannot escape Greece crisis's fallout
Rediff India Abroad - 7/7/2015 5:08:45 AM
Even if only 19 out of the 28 countries in Europe are part of the Eurozone ... Edwards sought to remind the world what the Greeks know, namly that its "public debt" was originally owed to private investment banks like Goldman Sachs.
Puerto Rico's 'unpayable' debt: is this the Greece of the western hemisphere?
theguardian.com - 7/7/2015 3:42:51 AM
“We have to deal with reality, but we cannot become a country in the service of our public debt.” He said that Puerto Rico was ... Fernandez said “the whole world celebrates an independence day, but we don’t. We’re strange.”
Euro debt drama will soon arrive at a definitive conclusion
AsiaOne - 7/7/2015 9:19:17 AM
This follows the rejection by the Greek electorate of a previous bailout package intended to save the debt-crippled country from bankruptcy ... who used to run the World Trade Organisation. Mr Hollande has a stake in brokering a compromise, for any ...
Greek Speak: A guide to the country's debt crisis lexicon - Beckley, Bluefield & Lewisburg News, Weather, Sports
59 WVNSTV - 7/7/2015 7:31:55 AM
Greek Speak: A guide to the country's debt crisis lexicon NEW YORK (AP ... "It's part of the gallows humor that the financial world is fond of," says Guy LeBas, chief fixed income strategist at Janney Montgomery Scott. "Sticking a 'gr' in front of ...
Robert J. Samuelson: World economy caught in a debt trap
The Spokesman-Review - 7/7/2015 7:03:17 AM
We have the Greeks to thank for an elementary tutorial in what ails the world economy. Greece’s central problem is that it has too much debt and too little economic growth (none actually) to service the debt. The country is caught in an economic cul de sac.
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
[See the 10 states with the largest budget shortfalls.] While the United States total public debt is indeed the largest in the world, a broader context shows that other countries face even more dire debt situations. One way to put debt in perspective is to ...
Andrew Coyne: Greece at forefront of Europe’s game of chicken over debt
The Province - 7/7/2015 2:16:57 AM
With the Women’s World Cup now over, it’s sad to see our good friends ... and dozens of different events will be broadcast across the country. Lupita Nyong'o, Emily Blunt sparkle in the heat at the Christian... Lupita Nyong'o looked ravishing in ...
The Puerto Rican Debt Crisis
Forex Street - 7/7/2015 5:58:51 AM
The world has been hyper-focused on the debt crisis ... administration to implement measures to raise taxes and cut pensions and public jobs, in order to alleviate reduce the debt burden. Attempts to raise taxes had little effect on the deficit due to ...
Greek Foreign Minister Visits Israel Amid Debt Crisis
The Washington Free Beacon - 7/7/2015 12:46:53 PM
JERUSALEM—Greece’s foreign minister Nikos Kotzias arrived in Israel Tuesday to strengthen bilateral relations, where he will reportedly receive tips on how the neighboring country ... Greece’s public sector—which reduced debt and encouraged ...
Global Debt Has Risen by $57 Trillion Since the Financial Crisis
New York Times - 2/4/2015 11:55:06 PM
Then there is Japan, the most indebted country in the world, at 400 percent of G.D.P. Debt is up 64 percentage points since 2007. Its fiscal challenges are almost entirely from government debt, and they long predate the financial crisis. Its borrowing ...
U.S. Long-Term Debt Situation Is One of the World’s Worst
The Heritage Foundation - 7/26/2010 11:55:18 PM
This year, the U.S. public debt ... of the global debt challenge and stress the need for governments to aim higher than short-term deficit reductions. For the U.S., one of the most poorly positioned countries, addressing the long-term debt challenge ...
What IMF Paper on Public Debt Says About Deficit Cutting
The Wall Street Journal - 6/6/2015 11:00:29 AM
The study considers two approaches to large public debts: running a large surplus to pay down the debt, or running a small surplus to manage it. The authors come out in favor of a small surplus. (More technically, the model implies that if a country were ...
Global review: a look at Nation Master’s public debt index 2014
worldfinance.com - 3/9/2015 4:13:37 PM
As a consequence, the country’s public debt now exceeds 200 percent of GDP ... China (Rank 110) China holds the fate of many of the world’s economies in its hands. Luckily its economy has been performing well and managed to survive the decreased ...