Economy & Money Debt doomsayer: Treasury forecasts ‘back to 2008 recession or worse’ if US defaultsBy mediahitmanOctober 4, 20130 The US government default caused by the ongoing budget standoff in the Congress could have a “catastrophic” effect on the…
Economy & Money Iran defaults on rice payments to IndiaBy mediahitmanFebruary 13, 20120 By Reuters Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters…