#Is Italy headed for a debt crisis? 

#Is Italy headed for a debt crisis? 

Markets have not distinguished themselves in anticipating European economic crises. In late 2009, on the eve of the Greek sovereign debt crisis, Greek government bonds traded with a yield that was barely above that of German government bonds. A year later, the Greek sovereign debt crisis shook U.S. and world financial markets and Greece eventually…

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#Jimmy Carter turns 99 as tributes roll in

#Jimmy Carter turns 99 as tributes roll in

Former President Jimmy Carter celebrated his 99th birthday with his wife, Rosalynn, and other family members as tributes to the former president rolled in on Sunday. Carter’s birthday festivities were moved up one day as the country faced a potential government shutdown — which Congress voted to avoid on Saturday by approving a continuing resolution. The White…

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