Daily News Direct

World debt and US – What is the situation going to be in 2012?

The most important global trend as of now is that the debt fear is cascading into all of the countries round the world. The public debt crisis shows the increasing debt situation in the countries like Japan, Europe, US and so on. In fact, uncertain economy, unemployment and instability in the financial markets are being [...]

The overall deficit of the nation to reach nearly 1.6 trillion soon

On Wednesday budget experts revealed that the deficit spending amount of the Government will reach $1.5 trillion in 2011. The reasons for this figure can be attributed to the sluggish recovery of the economy and the laws pertaining to tax cuts in the last month. This report has revealed that Barrack Obama’s move to freeze [...]

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