Categories: Economy

Small but geopolitically important steps were taken by key members of the European Union from the EU’s Eastern periphery. While largely ignored in Western mainstream media and in Brussels, they could well portend a longer-term alternative economic space to the failing construct known misleadingly today as the European Union with its bankrupt Eurozone single currency […]

Thursday late night,18 May 2017, the Greek Parliament voted to accept another round of devastating troika (EC, IMF, ECB) conditions for an additional debt package of close to 5 billion euros. All of the 153 delegates of Alexis Tsipras’ Syriza-Anel coalition voted ‘en bloc’ for the suicide package, all 128 opposition members against. Nineteen didn’t […]

The campaign promises were grandiose just like the candidate. Donald Trump wooed millions of American voters with his pledge to “make America great again.” He promised a $1 trillion infrastructure plan to revitalize the de facto depressed national economy. He promised to bring jobs back from China, Mexico and elsewhere by renegotiating major trade deals […]

Loosely based on an interview with Press TV Background: BERLIN, May 6 (Reuters) – German government officials have proposed giving Britain access to the European Union’s single market in return for a fee, Focus magazine said on Saturday citing a Finance Ministry report. The 35-page report on the potential costs of Brexit to Germany said […]

America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the geopolitics and economics behind America’s war strategy from China’s perspective, concluding that it is entering its […]

I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment. In other words, capitalists make profits because their costs are externalized and born by others. In the US, society and the environment have […]

Events are moving rapidly to a possible new war involving Israel, the United States, Syria and Russia. Were it to take place, I honestly hope not, it would be yet another stupid war over oil. Only this oil war somehow feels far more dangerous than the US war against Iraq or Libya or previous oil […]

“Russia is an inalienable and organic part of Greater Europe and European civilization. Our citizens think of themselves as Europeans…That’s why Russia proposes moving towards the creation of a common economic space from the Atlantic to the Pacific Ocean, a community referred to by Russian experts as ‘the Union of Europe’ which will strengthen Russia’s […]

The catastrophic events around the California Oroville Dam in recent weeks underscores a far more urgent problem. The American Society of Civil Engineers has just released their quadrennial assessment of United States essential infrastructure–roads, clean water supplies, levees, ports, dams, bridges, electric grid. The report gives the nation a near-failing D+ grade. America is coming […]

Michael Hudson, author of the newly released J is for Junk Economics, says the media and academia use well-crafted euphemisms to conceal how the economy really works. https://www.youtube.com/watch?v=hD-EivBIvJE Transcript Part 2 TheRealNews on Feb 28, 2017 Trump’s infrastructure plan will privatize all the benefits for the financiers and make sure that the population at large gets […]

Dearest and Esteemed People of Greece, You are being slaughtered right in front of the world’s eyes and nobody says beep. Least the Greek elite. Your Government. A few, but a few too many, allow the slaughter because it doesn’t concern them. They are blinded by the false glamour of the euro and of belonging […]

The shift in the global balance of financing power towards Russia, India and China — especially China — is opening up opportunities for Tehran It’s a beautiful late winter morning, the snowy Alborz mountains glittering under the sun, and Professor Mohammad Marandi from the faculty of world studies at the University of Tehran is taking […]

Wall Street hedge fund manager and financial analyst Mitch Feierstein claims that Donald Trump came to power just in time to prevent billionaire George Soros and Bill and Hillary Clinton achieve a Trans Pacific free trade deal hidden from the public. Is There Anything He Doesn’t Fund? Soros Closely Connected to DC Women’s March WASHINGTON […]

In its quest for world domination, which the White House has been pursuing for more than a century, it relied on two primary tools: the US dollar and military might. In order to prevent Washington from establishing complete global hegemony, certain countries have recently been revising their positions towards these two elements by developing alternative […]

In his first few days in office as President, ‘The Donald’ has fired off so many Executive Orders and aggressive tweets that much of the world is dizzy. One policy that’s clearly emerging from the smoke of immigrant ban attempts, XL Keystone pipeline approvals and bellicose threats against Iran, is the Trump team economic agenda, […]

The original source of this article is Guns and Butter Global financial warfare as outlined in professor Chossudovsky’s writings.   Wall Street Behind Brazil Coup d Etat;  The role played by the IMF and World Bank in the economies of debtor nations,  The Real Plan in Brazil,  The imposition of the Washington Consensus;  Loss of national […]

As all the alarm bells ring continuously that the Russian Federation is the cause for the latest cold war, the actual risk for a hot conflict or an intentional brinkmanship of worldwide proportions should focus on the real enemy of humanity. The Brexit campaign was about more than just leaving the European Union. Likewise, the […]

With the topic of infrastructure investing dominating today’s newsflow after the NYT report that Democrats would support Trump if he endorsed their propsed list of some $1 trillion in infrastructure projects, which would create as many as 15 million jobs, the Kansas City Star and The News Tribune have compiled a presentation – based on […]

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos. Oxfam’s report, ‘An economy for the 99 percent’, shows that the gap between rich and […]

Donald Trump has a plan for dealing with the stock market bubble. Make it bigger. Before the election candidate Trump blasted Federal Reserve chairman Janet Yellen for keeping interest rates too low for too long to keep the economy humming along while Obama was still in office. The president elect accused Yellen of being politically […]

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