by Kulwant Saluja | Jul 7, 2015 | Business & Tech
WASHINGTON, D.C., July 7 — Greece’s rejection of bailout terms imposed by European creditors has deeply concerned western economists, but the referendum had only a mild impact on the U.S. stock market. Greek Prime Minister Alexis Tsipras said that his...
by Kulwant Saluja | Jun 30, 2015 | Business & Tech, Topics
WASHINGTON — From bank closings to possible defaults with potentially devastating consequences, the fiscal crises in Puerto Rico and Greece have many parallels. Standard and Poor’s has lowered the credit rating on Puerto Rico to CCC-minus’ from CCC-plus,...