Diplomacia e Relações Internacionais
- Eurobonds, Ou: Como Fazer Os Alemaes Pagar A Gastanca Alheia - Wall Street Journal
Deus ex EurobondsEuropeans are taking Alexander Hamilton's name in vain. Editorial The Wall Street Journal, May, 25, 2012European stock markets have been tumbling all week over fears of the damage a Greek exit from the euro zone could do to the...
- Oba!: A Europa Vai Ficar Barata: Standard & Poor’s Downgrades France, Austria, Italy And Spain
Rindo da desgraça alheia? Pois é: há muito tempo que eu esperava o default da Grécia, para ver se o euro caia bastante, para viajar baratinho pela Europa. Esses alemães acabaram concordando em salvar gregos e troianos, o que impediu o debâcle......
- Voce Confia No Governo? Nao Deveria... (mas Se Aplica A Todos...)
The Year Governments Lost Their Credibility Floyd Norris. The New York Times, December 30, 2011 For most of 2011, it appeared that the year would be decent, if not particularly interesting, for investors.Then Europe announced its second plan to...
- Quem Deve A Quem, Na Europa?- Uma Teia De Devedores E Credores
Eurozone debt web: who owes what to whom? BBC, 18/11/2011 The circle below shows the gross external, or foreign, debt of some of the main players in the eurozone as well as other big world economies. The arrows show how much money is owed by each country...
- Grecia Tem 98% De Chance De Dar Calote (acho Que Deve Ser 120%)
Greece Has 98% Chance of Default on Euro-Region Sovereign WoesBloomberg News, Sept. 13 Greece has a 98 percent chance of defaulting on its debt in the next five years as Prime Minister George Papandreou fails to reassure investors his...
Diplomacia e Relações Internacionais
Divida EUA: ja nao se fazem mais Triple-As como antigamente (WSJ)
By Erin McCarthy
The Wall Street Journal, October 16, 2013
The Wall Street Journal, October 16, 2013
A deal to fund the U.S. government and extend the country’s borrowing authority through early 2014 isn’t enough to alleviate market uncertainty, credit-ratings firm DBRS Inc. said Wednesday.
Nor does it change the firm’s negative outlook on the U.S. debt rating, Fergus McCormick, head of the sovereign ratings team at DBRS, said in an interview with The Wall Street Journal. Last week DBRS placed the U.S. debt rating under review for potential downgrade, citing the “growing risk of a selective default.”
Senate leaders Wednesday struck an 11th-hour agreement to avoid a U.S. debt crisis and fully reopen the federal government. The Senate plan would fund federal agencies at current spending levels through Jan. 15 and extend the nation’s borrowing authority through Feb. 7. Under those conditions, DBRS would likely keep the U.S. rating under review with negative implications, and would likely maintain that status in early 2014 when the next set of deadlines approach.
“What we’ve seen so far does not change the outlook,” Mr. McCormick said. “If they kick the can down the road for a few weeks or a few months, it doesn’t really remove the uncertainty prevailing in the market.”
The firm, however, has had discussions regarding whether the U.S. is worthy of its triple-A status, he said.
“There are some people on the rating committee of DBRS who believe that the triple-A rating of the United States should no longer be triple-A,” he said.
Mr. McCormick, however, believes the world’s largest economy still deserves the top-notch rating because its capacity to pay, outside of the debt ceiling issue, is “unparalleled.”
But he warned that the U.S. needs to resolve these fiscal and structural problems in the longer term to maintain investor confidence.
“If these [issues] aren’t addressed in the coming years then the United States’ creditworthiness would severely be affected.”
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- Eurobonds, Ou: Como Fazer Os Alemaes Pagar A Gastanca Alheia - Wall Street Journal
Deus ex EurobondsEuropeans are taking Alexander Hamilton's name in vain. Editorial The Wall Street Journal, May, 25, 2012European stock markets have been tumbling all week over fears of the damage a Greek exit from the euro zone could do to the...
- Oba!: A Europa Vai Ficar Barata: Standard & Poor’s Downgrades France, Austria, Italy And Spain
Rindo da desgraça alheia? Pois é: há muito tempo que eu esperava o default da Grécia, para ver se o euro caia bastante, para viajar baratinho pela Europa. Esses alemães acabaram concordando em salvar gregos e troianos, o que impediu o debâcle......
- Voce Confia No Governo? Nao Deveria... (mas Se Aplica A Todos...)
The Year Governments Lost Their Credibility Floyd Norris. The New York Times, December 30, 2011 For most of 2011, it appeared that the year would be decent, if not particularly interesting, for investors.Then Europe announced its second plan to...
- Quem Deve A Quem, Na Europa?- Uma Teia De Devedores E Credores
Eurozone debt web: who owes what to whom? BBC, 18/11/2011 The circle below shows the gross external, or foreign, debt of some of the main players in the eurozone as well as other big world economies. The arrows show how much money is owed by each country...
- Grecia Tem 98% De Chance De Dar Calote (acho Que Deve Ser 120%)
Greece Has 98% Chance of Default on Euro-Region Sovereign WoesBloomberg News, Sept. 13 Greece has a 98 percent chance of defaulting on its debt in the next five years as Prime Minister George Papandreou fails to reassure investors his...