Page 48 - Debt Restructuring News Today

Democracies, many of them are not free market economies -- >> youre referring to china? >> im referring to china, im referring to russia, im even referring to countries like brazil. we were in line with our allies. look at the countries today and you see a projecting power around the world, we just dont agree with them as much. >> nato incredibly important in 1949 for those four decades containing the soviet union, obviously did some work in libya. but now its diverging. europe incredibly worrie...

Not the same kind of exposure that you had that huge junk bond exposure, the huge bad debt, poisonous debt that had to be dealt with in the united states. but, hollandes big concern is that he doesnt want to cut back on the public sector the way it does in the -- that we have in the united states, or wanted to, and try to do in the united states. you know, 55% of the gross domestic product of france is public sector spending. so you start to cut that back, in the name of austerity -- >> yeah. >>...

Longer manufactures risk as a professioning. >> debt restructuring has been done in greece and look what happeneded. >> no it hasnt. >> they restructured all of the debt. >> no, they havent. saying things not true doesnt make them true. >> well talk more about dylan ratigan for president and president obama set to hold another event tackling student loan debt. mitt romney is taking up the issue on the campaign trail. are student loans the next issue in the u.s. economy? plenty of thoughts on tha...

inside the cnn grill at south by southwest. the grill opens officially today this morning. one thing i noticed on the menu which includes all kinds of things, there are no prices. thats because we got -- usually that means i cannot afford to eat here. but that is whats happened here is we have taken over a restaurantnd put the cnn grill and invited people here as we celebrate south by southwest which is a big music and film festival. douglas brinkley, weve known each other now through ...

went bankrupt. opposition activists said 62,000 people were killed in the country. this video posted on youtube appears to show members of the free syrian army in the back of a pickup truck engaged in a heavy gun fight with government forces in homs. cnn cannot independently confirm the authenticity of this video. special ensloi, kofi annan, called for an immediate end to the violence. he warned against external military intervention. irans ambassador said his country is ready to r...

cities of dara and homs. opposition groups say there have been executions and that the bodies of dozens of civilians have been found in a district near homs. president obama will be meeting with benjamin netanyahu on sunday. he told the biggest pro-israel lobby group that he is prepared to use force. he said americas diplomat pressure on iran will continue. those are the headlines from cnn, the worlds news leader, im monita rajpal. "world business today" starts right now. good morn...

Trying to put a good spin on this all thing. come visit greece, all new ruins. >> leno might be on the morning. the economic turmoil continuing in greece this morning where countries are working now on the largest debt restructuring in history. so are we anywhere closer to getting to a deal? >> i dont know, if you have enough money, you could buy the acropilis. i think its two steps forward and one back. greece has all the pieces in place now that will satisfy the creditors to give them that mon...

Authorities made a historic drug bust, seizing 15 tons of pure methamphetamine, equal to half of all the meth seizures in the world in 2009. now here is the first look how wall street will kick off the day. the dow opens at 12,890 after adding six points yesterday. s and p. up a point, nasdaq gained 11. in tokyo, the nikkei fell 5 points, the hang seng dropped 226. thursdays upbeat unemployment report could help stocks continue higher today. the number of people seeking unemployment fell nea...

the maldives. president mohammed masheed announced his resignation after a police mutiny. they are calling for a greater role for islamic values in the country. cnn has no confirmation of who is currently in control. europe is still dging itself out from last weeks snow and more cold weather on the way. some communities in southeastern europe are struggling to cope with record low temperatures. ukraine along has reported 135 deaths from the extreme weather. those are the headlines fr...

They havent been downsized at all since september 2008 when they were put in conservatorship. if you compare it to similar, they have had control of the trust corporation in the 80s, they immediately started downsi downsizing. they can put them in receivership. they can start doing that immediately. >> isnt the problem if they put them in receiver shship it will force a debt restructuring that will seize up the big banks? >> ip dont see that happening. >> can i explain to you how it could happen...