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I'm sitting in a café in an upscale part of Sao Paulo, Brazil, a short walk from the Renaissance Hotel, watching the news come in about the impeachment of Brazil's president Dilma Rousseff.
Indian central bank governor says helicopter money no panacea … Indian Central Bank Governor Raghuram Rajan said on Tuesday that he had doubts "helicopter money", or free cash given directly to citizens to stimulate growth, would be successful i
Editor's Comment: The larger themes of collapse and the destruction of the dollar have been cynically orchestrated from the top-down. While a major event is in the works that will destroy wealth in the hands of most Americans, the elite at the top
Remember interest rates? Moody's, the credit-rating company, does.
Talk about a poisoned chalice. No matter who is elected to the White House in November, the next president will probably face a recession.
The European Union may yet come to realize that this latest ill-concealed jab at the Central- and Eastern European members of the European Union may signal the beginning of the unraveling of the European Union, an event which, considering the authori
Greece faces its toughest austerity measures yet, with €5.4bn of budget cuts backed by the leftist government of Alexis Tsipras
Integration across sectors and disciplines, and between actors and institutions, is essential to drive forward and successfully implement the United Nations development agenda, the Vice-President of the UN Economic and Social Council (ECOSOC) emphasi
LANA CLEMENTS for the Express reports, SAVERS and investors have been warned to expect a crash in markets as the typically more volatile summer months approach. Stock markets have been performing relatively well since March, following the meltdown at
Donald Trump says a lot of whacko things and his recent wild pitches about defaulting on the national debt and replacing Yellen because she is not a Republican sound as if they were coming right out of his wild man wheelhouse. Certainly these stateme
ONE SWEDE WILL KILL CASH FOREVER--UNLESS HIS FOE SAVES IT FROM EXTINCTION
David Cameron has pleaded for Britain to stay in the EU to help prevent the Continent being ripped apart by another conflict. Mr Cameron today highlighted the UK's role in bringing peace to Europe as he hit the referendum campaign trail - just hou
Corporate debt across the world has reached extreme levels, warned the Institute of International Finance (IIF), a trade group of financial institutions. The global banking watchdog added that it far exceeded the pre-Lehman financial bubble.
Public transport ground to a halt in Greece on Friday as trade unions launched a 48-hour general strike against government plans to overhaul pensions and increase taxes, as demanded by international creditors.
Among the bigger financial problems covered in depth on Zero Hedge over the past several years, have been China's massive amount of newly created credit adding to an already unsustaimable debt load (estimated as high as 350%), its ....
China's authorities, seeking to forestall potential social unrest due to growing failures of investment firms and online lenders, are ordering many to break leases and close their storefronts on busy streets -- lest they become magnets for proteste
Chalk it up to Swiss affluence. Voters here will decide next month whether all 8 million citizens and legal residents should be guaranteed a generous monthly income, something no country in the world has ever done.
As a result of the dramatic surge in the S&P500 from its February lows, which erased the worst ever start to a year, and nearly regained the all time highs in the US stock market on a combination of a central bank scramble to reflate, the "Shanghai A
For those still wondering why the global economy is struggling, the simple answer is "It's the debt, stupid."
The current economic system is designed to fail, but so was socialism. That's according to former GOP Congressman Ron Paul, who told RT's Boom Bust to show that we need to go toward a system of property ownership, voluntary contracts, and individ
What an interesting place and an interesting time it is for a visit. Earth's most intelligent primates are busy creating technologies that allow them all to do less work, freeing themselves from millennia of senseless toil and drudgery. Strangely,
It's come to this: The country with the largest oil reserves in the world can't afford to brew its own beer, stay in its own time zone, or even have its own people show up to work more than two times a week.
South Korea's exports tumbled to $41 billion in April, marking the 16th consecutive month of declining foreign sales. Last month's result represented an 11.2% decline from the prior year and an 18% drop from April 2014.
Welcome to Venezuela, the socialist paradise where many workers how have a five-day weekend, and everything is rationed because nothing works and the country has shifted in an all-out SHTF situation.
Another "Conspiracy Theory" Confirmed: ECB Finds Widespread Trading On Leaked Inside Information
China is carrying $1 trillion in bad debt and 'unless this vicious cycle is broken, financial crisis or at least a sharp slowdown is an inevitable ultimate outcome'
PUERTO RICO GOVERNOR SAYS WON'T PAY DEBT TOMORROW
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent.
In this video Luke Rudkowski breaks down the tense relationship the U.S has with the world's 2nd largest economy in the world China.
Draghi is using a central bank settlement system to finance European banks to the tune of €820 billion, and nobody seems to care.
