At the same time, the nation's biggest insurance company, American International Group, had gotten into trouble selling credit default swaps.

VOA: special.2009.01.02

Opposition Republican leaders agree on the need to raise the borrowing limit by August second or risk the nation's first default.

VOA: special.2011.07.15

The Greek government's near default on its loans triggered the financial crisis and also threatened the euro and countries using it.

VOA: standard.2010.06.16

Mr.Karzai won the presidential election by default after his main challenger, Abdullah Abdullah, withdrew from a runoff, saying it was impossible for the vote to be fair.

VOA: standard.2009.11.27