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  • From: bob ford <bobford79 AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: [Homestead] Countries that are risking bankruptcy
  • Date: Fri, 10 Oct 2008 18:27:07 -0700 (PDT)

Financial crisis:
Countries at risk of bankruptcy from Pakistan to Baltics

A string of countries face the risk of "going bust" as financial panic sweeps
Asia, Eastern Europe, and Latin America, raising the spectre of a strategic
crisis in some of the world's most dangerous spots.

By Ambrose Evans-Pritchard
Last Updated: 7:55PM BST 10 Oct 2008

Nuclear-armed Pakistan is bleeding foreign reserves at an alarming rate
leading to fears that it could default on its loans.

There are mounting fears that Ukraine, Kazakhstan, and Argentina could all
now slide into a downward spiral towards bankruptcy, while western banks
exposed to property bubble across Eastern Europe have seen their share price
crushed.......................................................

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3174217/Financial-crisis-Countries-at-risk-of-bankruptcy-from-Pakistan-to-Baltics.html







  • [Homestead] Countries that are risking bankruptcy, bob ford, 10/10/2008

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