
‘We may need to print even MORE money’,...
• www.prisonplanet.com...Bank of England economist warns just days after £75billion cashflow is sanctioned
ON AIR NOW
Click to Play
...Bank of England economist warns just days after £75billion cashflow is sanctioned
Merkel, Sarkozy agree to strengthen Europe banks Share ... German Chancellor Angela Merkel and French President Nicolas Sarkozy said on Sunday they've reached an agreement to strengthen the European banks, but wouldn't go into details, according to p
The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Monday, which showed sharp falls in leading indicators for all countries except Japan. The Paris-based Organization for Eco
On 4 October Putin suggested that ex-Soviet states form a "Eurasian Union" in an article which outlined his first foreign policy initiative as he prepares to return to the Russian presidency
Sir Mervyn King, the Governor of the Bank of England, this week called the current financial crisis “the most serious… since the 1930s, if ever”, in justification for a further £75 billion of “quantitative easing”. Since Sir Mervyn cited the chaos of
In a gesture of solidarity, perhaps he should fax the lyrics to German Chancellor Angela Merkel, whose government is suddenly discovering the costs of weaning itself off nuclear energy.
HAEJU, North Korea — In a pediatric hospital in North Korea's most productive farming province, children lay two to a bed. All showed signs of severe malnutrition: skin infections, patchy hair, listless apathy.
In an interview on BBC yesterday, International Monetary Fund (IMF) adviser Robert Shapiro said something quite alarming: without a plan to save the Euro, the global economy will collapse “in two to three weeks.”
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night.
Credit rating agency Moody's downgraded Britain's part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis. The cuts to RBS and Lloy
Moody's Investors Service cut Italy's bond ratings by three notches on Tuesday, saying it saw a "material increase" in funding risks for euro zone countries with high levels of debt.
Moody’s Investors Service has downgraded Italy’s government bond ratings to “A2” with a negative outlook from “Aa2,” the result of high debt, a weak global economy and political uncertainties that delay corrective action. While the change moves th
The Russian prime minister on Tuesday floated the idea of forming a "Eurasion Union" of former Soviet states that he says would be similar to the European Union. Putin said the goal would be to "create real conditions to change the geopolitical and g
About The Horrific Economic Crisis That Is Almost Here - Europe has had a tremendously difficult time just trying to keep Greece afloat, and several much larger European countries are now on the verge of a major financial crisis
Robert Mazur, author of "The Infiltrator: My Secret Life Inside the Dirty Banks Behind Pablo Escobar's Medellin Cartel," talks with Ernest about banks and money fraud
Robert Mazur, author of "The Infiltrator: My Secret Life Inside the Dirty Banks Behind Pablo Escobar's Medellin Cartel," talks with Ernest about banks and money fraud
(Reuters) - Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday.
What has shielded the U.S. from a lot of the social strife sweeping the rest of the globe at the moment has been the U.S. dollar’s reserve status since this allows us to print seemingly infinite amounts of paper dollars and shove them down the throat
Emerging market currencies have sold off heavily in the past two weeks as investors opted for safe haven currencies like the dollar and yen. That in turn sparked a frenzy of central bank intervention in the currency markets.
...my driver is a terrifically fascinating person that I’ll call Henrik. In the late 1980s, Henrik was part of an elite military unit that saw action in South Africa’s Border War, an outgrowth of the Angolan Civil War that had been raging for more th
This was an email sent to me by Chris McConnell of Fiduciary Forensics in which he gives his views on how the economy and financial system arrived at the point we find ourselves now. Saturday, September 24, 2011 Hi Martin, Hi Mike, Please di
The "BBC TV" trader, whose clip Zero Hedge first presented to the broader world and has since become an internet sensation with well over 1 million views, has just made the prime time TV circuit with a first stop on CNN. Here is some more of his stor
16 Reasons It's Blowing Up, Gary North on staying out of the PIIGS sty - I Hate GM's On-Star - The Regime Wants Another World War, Because Americans are waking up. Article by Will Grigg. - Out of Work and Crushed By Student Debt
EU's two most cherished achievements _ a common currency and the free movement of people across borders - are under threat. And the possibility that the decades-long experiment that is the EU might not survive in its present form has now entered main
President Obama has given the Europeans a harsh lecture on the dangers of their ongoing debt crisis. Offended by the unsolicited advice, Europeans have suggested the US get its own house in order first. Obama's remarks were "arrogant" and "absurd,"
In a stunning statement, Alessio Rastani, a trader has prophesized that millions of people will lose their savings within a year! However, he qualified the stunning statement with the remark that not only traders but just any ordinary investor now
German Chancellor Angela Merkel reiterated her pledge to offer help as Greece tackled its debt woes, passing an unpopular new property tax.
(Reuters) - German Chancellor Angela Merkel may fall short of a majority in her own coalition for a crucial reform of the euro zone rescue fund meant to stop a sovereign debt crisis spreading, in what would be a severe blow to her authority, a test v
Greek lawmakers approved an unpopular property tax law on Tuesday that is crucial to a new austerity campaign the government has proposed so it can meet the terms of its international bailout and continue receiving aid funds.