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The two tumultuous weeks in July 2024 started with a sniper shooting at the former president, followed by the Republican Convention within days. The president's address calling for calm, Trump's 90 RNC address which rambled to veer off course. Second thoughts about Trump and Biden's age and calls by Democrats for Biden to withdraw after the faltering delivery in the debate. Biden has Covid and isolates for a few days. On July 22 around 1.45 pm Biden puts out a letter on X (Twitter) that he is withdrawing and giving his full support to Kamala. Within hours Harris has overwhelming support. The next day morning Harris has secured the delegates needed. By the 24th in 48 hours she has raised $250 million for the campaign and about 100,000 volunteers. A dizzying pace for 48 hours that riveted the attention of the American people and the world.
Grouped Articles
With Speech to Teachers, Harris Waded into a Fiery Education Debate
NYTimes.com 07/25/2024
Kamala Harris: A woman of firsts – DW – 07/23/2024
dw.com 07/25/2024
‘Capable’ Harris and Biden’s legacy: key takeaways from the president’s address
The Guardian 07/25/2024
Biden Says He Will ‘Pass the Torch’ to Harris in Oval Office Address After Ending Campaign
WSJ 07/24/2024
Opinion | Kamala Harris Confounds the Republicans
WSJ 07/24/2024
President Biden Addresses the Nation
YouTube 07/25/2024
What all that debt- over 100 billion euros for a country of 4.6 million people- has done to the people of Ireland.
Grouped Articles
In Ireland, Hope of Retroactive Relief
Wall Street Journal 06/29/2012
Hardships Linger for a Mending Ireland
New York Times 12/11/2013
Ireland Shows How to Ski Down the Debt Mountain
Wall Street Journal 09/28/2015
The Debtor of the Western World
New York Times 11/18/2010
BusinessWeek 11/17/2010
In Ireland, Thereâs an All-Too-Familiar Gloom
New York Times 12/04/2010
Carmen Reinhart points out that the government can only assume private debt at a realistic price. Without principal reductions there appears to be no solution to the problem of the fifth of homeowners in the US who are under water. This keeps acting as a drag on the economy.
Grouped Articles
BusinessWeek 09/30/2010
State Attorneys General Take Helm in Mortgage Mess
New York Times 10/29/2010
To Fix the Housing Crisis, Read the Data
New York Times 11/04/2011
Deepening Crisis Over Euro Pits Leader Against Leader
Wall Street Journal 12/30/2011
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07/30/2012
A trend to short term borrowing and the competing role of banks and sovereign governments in bond issuance, is likely to put additional stress on capital markets worldwide. This is true especially in Europe which has $2.6 trillion to roll over by 2012, according to analysts. The stress will ber greater on less healthy financial institutions in Europe.
Grouped Articles
Sovereign-debt managers: Rollover roulette
Economist 10/16/2010
How Righteousness Killed the World Economy
New York Times 10/12/2014
Crisis Awaits Worldâs Banks as Trillions Come Due
New York Times 07/11/2010
New Doubts on EU Bank Stress Tests
Wall Street Journal 07/20/2010
New York Times 08/21/2010
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
The yen reached 86 yen to the dollar by August 2010. Chinese government accumulation of Japanese bonds was amajor factor in the yen's rise in 2010. By August 2011 the yen experienced a new surge going up to 78 yen to the U.S. dollar resulting in intervention by the Bank of Japan in currency markets. Investor flight to safe havens such as the Swiss Franc and the Japanese yen with the debt crisis in the U.S. and the Eurozone. The impact on export markets. The newly elected LDP government of Shinzo took strong action to reverse this and improve export competitiveness in 2013.
Grouped Articles
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Behind Japan's Allure: Stagnancy
Wall Street Journal 08/24/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Japanese manufacturers: Leaving home
Economist 11/20/2010
Nissan to 'Significantly' Reduce Japan Exports
Wall Street Journal 02/01/2011
Greece and Portugal are in much riskier shape than Argentina was when it defaulted in 2001, argues Simon Johnson.
Grouped Articles
Portugal Returns to Bond Market
Wall Street Journal 05/08/2013
Idea of Euro Exit Finds Currency in Portugal
Wall Street Journal 05/27/2013
Wall Street Journal 02/11/2014
Greece Defaults on IMF Loan Despite New Push for Bailout Aid
Wall Street Journal 07/01/2015
Greece, Missing I.M.F. Payment, Is Called Effectively in Default
New York Times 06/30/2015
Portugal on Road to Recovery Post-Bailout, But Scars Remain
Wall Street Journal 07/20/2015
Simon Johnson, Peter Boone and other experts unravel the debt crisis in Greece and in other European countries to give a lucid explanation of what happened and what to expect.
Grouped Articles
New York Times 04/29/2010
Greece, the Latest and Greatest Bubble.
New York Times 04/29/2010
As Greek Drama Plays Out, Where Is Europe?
New York Times 04/29/2010
New York Times 04/30/2010
BusinessWeek 04/15/2010
Economist 04/29/2010
Grouped Articles
Wall St. Helped to Mask Debt Fueling Europe’s Crisis
New York Times 02/14/2010
Greece: How the Bond Vigilantes Left It in Ruins
BusinessWeek 02/10/2010
Wall Street Journal 03/03/2010
Strange Encounter: The IMF and Athens
BusinessWeek 04/22/2010
Euro Rises After I.M.F. Increases Aid Pledge to Greece
New York Times 04/29/2010
Wall Street Journal 05/22/2010
Grouped Articles
Greece Defaults on IMF Loan Despite New Push for Bailout Aid
Wall Street Journal 07/01/2015
Greece, Missing I.M.F. Payment, Is Called Effectively in Default
New York Times 06/30/2015
Unknown 12/29/2009
Unknown 12/29/2009
The Worst May Not Be Over for Europe
New York Times 12/31/2009
New York Times 02/15/2010
It can happen to GM and Chrysler, and a near miss for Ford and Morgan Stanley. Goldman Sachs is only pretending that it did not have a near miss after Lehman's collapse. The same can happen to an architectural firm Yamasaki as corporate real estate market collapses in 2009. The volatility and nervousness in financial markets in 2008 that shut companies out of credit markets and led to the government led auto industry bailout with planned bankruptcy filings.
Grouped Articles
A Warning Light to Alert the I.M.F.
New York Times 09/21/2011
After a Financial Flood, Pipes Are Still Broken
New York Times 09/14/2013
Morgan Stanley Memo by John Mack
Wall Street Journal 10/14/2008
Anatomy of the Morgan Stanley Panic
Wall Street Journal 11/24/2008
Wall Street Journal 03/14/2009
Morgan Stanley Comes Up Golden
Wall Street Journal 07/22/2011
The option of default or a solution that involves a haircut for bondholders, for Ireland or other euro-countries facing debt crisis.
Grouped Articles
Wall Street Journal 11/23/10
'Contagion' and Other Euro Myths
Wall Street Journal 12/02/10
European banks: The last idealists
Economist 12/11/10
Ireland's Not-So-Grand Bargain Options
Wall Street Journal 02/25/11
Ireland's Bonds Downgraded to Junk
Wall Street Journal 07/13/11
Plan for Greece Favors Creditors
New York Times 07/25/11
Grouped Articles
A Warning Light to Alert the I.M.F.
New York Times 09/21/11
Mom-and-Pop Investors Bolt Emerging Markets
Wall Street Journal 08/22/13
New York Times 08/22/13
Investors Flee Developing Countries
Wall Street Journal 01/24/14
Turkish Intervention Fails to Stem Lira Sell-Off
Wall Street Journal 01/24/14
Turkey Gets Aggressive on Rates
Wall Street Journal 01/29/14
With $200 billion in debt, local governments from Catalonia to Valencia, are facing more spending cuts in 2010. The local governments are looking at raising $57 billion in debt markets in 2010, the highest of any local governments in Europe except Germany.
Grouped Articles
Rajoy Appeals to Catalonia to Stick With Spain
Wall Street Journal 09/23/13
Spanish Towns Struggle Under Crushing Debts
Wall Street Journal 10/04/10
Spain: Budget Woes Hit Regional Governments
BusinessWeek 07/22/10
European Union Plans System for National Debt Crises
New York Times 10/29/10
The euro crisis: Spreading from Ireland to Iberia
Economist 11/27/10
Spain to Open Books in Bid to Calm Investors
Wall Street Journal 12/18/10
Spending is to be kept at 71 trillion yen for the next 3 years and the budget balanced in 10 years. This is critical to the Democratic Party government's credibility on spending, deficit and debt issues facing Japan.
Grouped Articles
Abe Set to Proceed With Tax Increase in Japan
Wall Street Journal 09/12/13
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/10
Japan Expects Higher Tax Revenue
Wall Street Journal 01/14/15
In Budget Plan, Japan Proposes More Spending and Aims to Borrow Less
New York Times 01/14/15
Japan Vows to Cap Budget at 71 Trillion Yen
Wall Street Journal 07/20/10
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/11
The UK Chancellor of the Exchequer, George Osborne, put forward a budget with a 25% spending cut by 2015 in all departments except health and international aid. This marks a huge departure in years of spending by the Labor governments. The new Conservative-Liberal coalition government is determined to take austerity measures to reduce the national debt.
Grouped Articles
Britain's accidental revolution
Economist 05/13/10
U-Turn in the U.K.: Big Spending Cuts
Wall Street Journal 10/14/10
Britain Details Radical Spending Cuts, Citing Debt
New York Times 10/20/10
U.K. Plans New Taxes on Banks, Multinationals
Wall Street Journal 12/04/14
Tough Slog to Balancing U.K.’s Budget
Wall Street Journal 12/04/14
Overheard: Digging for Answers on Coal
Wall Street Journal 03/29/15
German banks have large holdings of Greek bonds, and much larger holdings of bonds from the crisis affected countries of Greece, Portugal, Spain and Ireland.
Grouped Articles
Already Holding Junk, Germany Hesitates
New York Times 04/28/10
Euro Rises After I.M.F. Increases Aid Pledge to Greece
New York Times 04/29/10
As Greek Drama Plays Out, Where Is Europe?
New York Times 04/29/10
Europe Acts Swiftly on Long-Delayed Greek Bailout
New York Times 04/29/10
The Next Global Problem: Portugal
New York Times 04/30/10
Portugal to cut wages, raise taxes
Wall Street Journal 05/14/10
A new administration committed to reverse decades of heavy public spending and issuance of debt to finance it. Public debt at $9.7 trillon is bout twice the national GNP. Kan assumed the prime ministers position when Hatoyama resigned, after only 8 months in office.
Grouped Articles
Once Mighty Party Falls, and Worries Grip Japan
New York Times 02/24/10
Wall Street Journal 06/10/10
Wall Street Journal 07/10/10
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/10
Japan's New Leader Seeks Bipartisan Attack on Debt
Wall Street Journal 06/12/10
Japan Enlists Executives as Envoys
Wall Street Journal 06/15/10
Toyota's own documents reveal that managers touted the $100 million savings in limiting the degree to which Toyota would address the quality and safety issues raised by unintended acceleration and failure in braking. Toyota had hired former National Highway Traffic and Safety officials and was able to limit what it had to do to address the problem. In the end the problems would cost billions of dollars in a massive recall effort and dent its image.
Grouped Articles
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/10
Inside Toyota, Executives Trade Blame Over Debacle
Wall Street Journal 04/13/10
Toyota Nears $1 Billion Deal to End Probe
Wall Street Journal 02/08/14
Toyota to Resume Plant Building After Three-Year Hiatus
Wall Street Journal 04/04/15
Toyota’s Top Executive Under Rising Pressure
New York Times 02/06/10
Akio Toyoda - Toyota's plan to repair its public image
Washington Post 02/09/10
Germany said to be turning nationalistic in this crisis, seeing Germany's economic successes as its own, and not accepting the advantage of export markets in Europe in strengthening Germany's economic position.
Grouped Articles
Wall Street Journal 03/03/10
New York Times 11/03/13
Germany's Surplus Isn't the Problem
Wall Street Journal 11/11/13
How Italy's ENI Vastly Boosted Oil Output
BusinessWeek 04/09/09
Greek Crisis Shows How Germany’s Power Polarizes Europe
Wall Street Journal 07/07/15
New York Times 05/26/10
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