News and politics for the city of Jacksonville (FL), Florida, and the United States. Though I am a Libertarian/Socialist, my hope is to be as objective as possible in delivering news that should be important to you. In addition, this website can be useful for researching important moments in history. From the dawn of civilization to the present day, this website provides a plethora of valuable links for your research needs.
Sovereign default events are rare. Since the mid 1990s Fitch has recorded a total of eight sovereign defaults, including the Jamaican default event. The list of sovereign defaults includes Indonesia and the Russian Federation, both in 1998; Argentina (2001); Moldova (2002); Uruguay (2003); the Dominican Republic (2005) and Ecuador (2008).
Even more infrequent are municipal or local governments defaulting on their debt.
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