Things in Venezuela keep finding ways to get worse. Because of acute shortages, people can't find basics like toilet paper. Now, it will be harder to make overseas calls or watch pay TV.
and ... protection for citizens. (NaturalNews) Every day seems to bring new evidence that Venezuela's transition from a market-based economy to a socialist one is proving to be every bit as ill-advised as it has sounded from day one.
President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -Reuters
Just about every major banker and finance minister in the world is meeting in Washington, D.C., this week, following two rushed, secretive meetings of the Federal Reserve and another instantaneous and rare meeting between the Fed Chair and the pres
Italy Concocts €5 Billion "Atlas" Rescue Fund to Cure €360 Billion in Non-Performing Loans; At Gunpoint
The ratings agency Fitch has downgraded Saudi Arabia's sovereign credit rating.
-Government Desperately Seeking Bailout Fund To Address EUR 370 Billion Bad Loans
Mainstream news outlets are already starting to use the phrase "economic collapse" to describe what is going on in some areas of our world right now.
Now that the prospect of helicopter money by the ECB has so infuriated Germany, the ECB had to reach out to Schauble to "mollify" the Germans who are dreading the second coming of monetary paradrops in one century,.....
"Helicopter Money Was The Straw That Broke The Camel's Back"
The chairman of France's second-biggest retail bank is more worried about Europe's banking sector now, in some ways, than when he took the reins at BPCE bank during the depths of the global financial crisis in 2009.
Greece's crisis is fiscal, monetary, and structural, exacerbated by political and social volatility, stresses on European unity, and now a large influx of refugees.
Sub for more: http://nnn.is/the_new_media | Legitimate concerns about a coming global bank super storm have investors and families on edge. Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, joins Gary Franchi to provide his insig
Bubble Economy or Not?
Marx and Lenin were ahead of their time. Marx wrote before offshoring of jobs and the financialization of the economy.
As I have emphasized since these "partnerships" were first announced, their purpose is to give corporations immunity from the laws in the countries in which they do business.
In a world of manipulated economic figures and markets, it is not always easy to maintain your sanity.
Only Jeff Berwick had the insight and the guts to predict what was going to occur back in July with his first Shemitah video, now closing in on two million views. Now he gives you unparalleled insight into 2016. Publisher Recommended
When we last checked in on everyone's favorite Latin American socialist paradise, Venezuela, President Nicolas Maduro's opponents "had gone crazy."
The $1 Trillion Short Underlying Stocks' Spring … Short interest reaches highest level since 2008 despite gains … Level is contrarian bullish, sets up powerful rally, says BofA … A funny thing has happened in the U.S. stock market, where rath
Hot money flows into real estate have become an issue in some of the world's largest markets, as prices have skyrocketed. As we've repeatedly noted before, China is experiencing massive capital outflows (even if technically, ...
Long before negative interest rates shifted from the monetary twilight zone into the mainstream (with some 30% of global government bonds now trading with a subzero yield), one organization wrote a report warning about the dangers of NIRP.
Morgan Stanley analysts think Twitter is still struggling. A lot.
Steve Case, chairman at Revolution, and Bloomberg's Michael McKee look at economic disruption caused by the Federal Reserve. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
Peter Schiff was on Tuesday's edition of PreMarket Prep, where he reiterated his bearish thesis for the market in the wake of the Federal Reserve's decision not to raise interest rates last week.
Varoufakis said that Schäuble, Germany's finance minister and the architect of the deals Greece signed in 2010 and 2012, was "consistent throughout". "His view was 'I'm not discussing the program - this was accepted by the previous [Gr
American investor Jim Rogers is short on all four FANG stocks, according to a report on Financial Times.
First, China's property bubble popped.
The reality is that we're one panic away from foreign-exchange markets ripping free of central bank manipulation.
The IMF is back at work spreading fear. That's not what we are supposed to think of course. We're supposed to believe that the IMF has our best interests at heart and that its ranks are filled with caring, decent people.