Tag: default
Senate offers respite until December, payment default avoided
In American football, we call it a “punt”: a long clearance at the foot to ward off danger. Thursday evening, after a soap opera that lasted all summer, the US…
A short-term deal in sight to avoid a default on the debt
It is an agreement in principle that should avert disaster … at least for two months. While the Treasury warned it could be in default on Oct. 18, Republican Leader…
Risk of default on debt, “shutdown”, expenses… Joe Biden plays very big in Congress
Tick, tock. The time is running out in Congress for Joe Biden, who seeks to avoid three major setbacks: a “shutdown” of federal state services on Friday for lack of…
Column by Yahya: The Name as Default Risk – Politics
Our dishwasher suddenly broke last month. If the dishwasher breaks down in families who only occasionally experience fast food, it is a serious problem. We have to act quickly. So…
Federal Constitutional Court: Why the default interest is unconstitutional – economy
The tax offices have to lower their interest on back tax claims. “Given the low interest rate phase since 2014, the monthly interest rate of 0.5 percent is clearly unconstitutional,”…