Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Threat of US Default Boosts Its Borrowing Costs

The threat of a U.S. default on its financial obligations has pushed up the country's borrowing costs this month as investors worry that they may not be able to recoup their investments.   U.S. Treasury notes have long been viewed by investors as a safe harbor, securities that will always be repaid. But demand for U.S. securities weakened and interest rates increased as the impasse between U.S. President Barack Obama, a Democrat, and his Republican opponents over a partial government ...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter