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China Faces Debt Crisis as More State-owned Enterprises Default on Loans
News Analysis The debt crisis of China’s state-owned enterprises (SOEs) has been deepening since 2020. Beijing has recently issued a report to address the issue as several SOEs have defaulted ...
April 20, 2021
China Loosens Lending Restrictions, Turns on Debt Spigot
China announced fresh, deep cuts to bank reserve requirements in an effort to provide more economic stimulus and ...
September 7, 2019
Fed Chair Urges Congress to Raise Debt Limit as Government Risks Default
WASHINGTON—Federal Reserve Chairman Jerome Powell urged Congress to raise the federal debt ceiling “in a timely way” to ...
July 11, 2019
What to Do About the Student Loan Problem
Commentary The student loan problem has become a fiasco. The magnitude of the problem is startling—more than $1.5 ...
June 7, 2019
Chinese Companies’ Dollar Debts Reach Tipping Point
Domestic debt has long been an issue for the Chinese economy. But one particular corner of the debt ...
November 25, 2018
Only in China: Companies Become Banks to Solve Financial Difficulties
China is desperate to solve several problems it has due to its debt to GDP ratio being north of ...
August 3, 2016
Q&A: Puerto Rico’s Unfolding Default Crisis
NEW YORK—Puerto Rico is in uncharted territory after a historic default. A federal oversight board is getting ready ...
July 2, 2016
The Associated Press
Washington’s Latest Deal: Little Cause for Celebration
You can understand why President Obama and congressional leaders on both sides of the aisle sought to cast ...
November 11, 2015
Lee H. Hamilton
Greece in Crisis: Even If Grexit Is Averted, the Eurozone Needs a Fundamental Rethink
We are approaching the end game in the conflict between Greece and its creditors. How likely is it ...
July 3, 2015
Why Greece Won’t Take a Deal
Half of young Greeks are unemployed, and over 40 percent live in poverty. Is default really worse than ...
July 3, 2015
5 Things You Need to Know About the IMF’s Stance on Greece
With the June 30 deadline looming for Greece's 1.5 billion euro debt repayment, here are five key things ...
June 28, 2015
In Sign of Slowing Economy, China’s Underwriting Industry Takes a Hit
Sixty percent of loan underwriting companies in Shanghai have declared bankruptcy, and underwriting companies in Shandong, Xinjiang, Guangdong, ...
November 2, 2014
Argentine Economist Discusses Strategies to Exit the Default
BUENOS AIRES—Argentine journalist and economist Pablo Wende received the Epoch Times to discuss the particular time of Argentine ...
September 26, 2014
Miguel A. Díaz
All Lose on Argentina Default, Except Hedge Funds
After years of courtroom battles, someone finally threw in the towel. Argentina defaulted on its debt for the ...
August 4, 2014
The Financial Lesson of the Ages: We Don’t Learn From History
In the 4th century BC, Athens and nine other Greek city states defaulted on their loans from the ...
March 25, 2014
Legislators Avert Default, Reopen Government
The Senate voted 81-18 on Wednesday to accept a short-term budget bill, and to reopen the government. It ...
October 17, 2013
US Debt Ceiling & The Art of Magical Thinking
Tea Party The popular bumper sticker “Tea Parties are for Little Girls with Imaginary Friends” would be funny ...
October 10, 2013
Carol A. Hoernlein P.E.
Obama Calls GOP Debt Ceiling Tactics ‘Extortion’
President Barack Obama stuck to his guns on the debt ceiling debate, and gave a civics and economic ...
October 9, 2013
McConnell: Manchin’s Election Reform Proposal Still ‘Rotten To The Core’
Isabel van Brugen
Beijing Has Turned Hong Kong’s ‘One Country, Two Systems’ Into One-Party Dictatorship
Low Probability of China Trying to Seize Taiwan in Near Term: Top US General
With Putin Behind Him, Biden’s Focus Shifts to China’s Xi
Tribune News Service
Chinese Regime Raids Homes, Detains Falun Gong Practitioners Ahead of Centenary
CDC Delays Emergency Meeting on Post-Vaccination Heart Inflammation Due to Juneteenth
EpochTV: Roger Garside: A Coming Coup Will End China’s Communist Dictatorship
FCC Votes to Advance Proposed Ban on Huawei, ZTE Gear
Big Tech Is Outsourcing Censorship Through Dishonest ‘Fact Check’ Firms—Interview With Sean Davis
, The Epoch Times
Smuggling Illegal Aliens Around Border Patrol Is Booming Business for Drivers