The dome of the Capitol is reflected in a puddle in Washington February 17, 2012.REUTERS/Kevin Lamarque

Another debt ceiling debacle could sink the economy

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse.  Read more at Counterparties  

Greece says expects debt swap deal next week

ATHENS | Sat Jan 28, 2012 12:51pm EST

ATHENS (Reuters) - Greece expects to wrap up a long-awaited debt swap deal with its private creditors next week, Finance Minister Evangelos Venizelos told reporters on Saturday.

(Reporting by Lefteris Papadimas)

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