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ISE-SHIMA, Japan -- Group of Seven leaders voiced concern about emerging economies on Thursday as their host, Japanese Prime Minister Shinzo Abe, made a pointed comparison to the global financial crisis eight years ago. Abe presented data showing
Will the Swiss Guarantee CHF 75,000 for Every Family?
Though completely outside the realm of possibility for an entertained, well fed, and oblivious American public dependent on ever-growing debt to make ends meet, there are serious economic, financial and monetary headwinds set to flip the entire syste
The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality. The Keynesian gods have failed, and as a result, we're in the eye of a global financial hurricane.
The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality.
China's economy is being held hostage. The so-called zombie companies the Chinese government is supposed to be reforming have hijacked the government's economic policy, and the dangerous bubble forming inside the country stands to grow until this ho
The right kind of reform … America's next president should modernise the Federal Reserve system … Perhaps it was inevitable in the aftermath of the worst financial crisis in almost a century, but America is boiling over with schemes to remake
Abenomics is back in the spotlight tonight.
Hiking taxes in a depression is one of the stupidest thing one can do, but Greece is set for another vote to do just that. Prime minister Alexis Tsipras is once again prepared to kiss German Chancellor Angela Merkel's behind, and his party will lik
While the two leaders from Armenia and Azerbaijan met this week and agreed to comply with the treaty set forth that ended their bloody six-year war back in 1994, both action on the ground along the Nagorno-Karabakh (NK) Line of Contact as well as the
So, word got out here in Argentina that I was turning 70. And that meant a fiesta was in order. I hate celebrating my birthday, but it would be churlish to wave off people who like that sort of thing.
"I've been coming to Singapore once a year for the last 15 years, and flying in I have never seen the waters so full of idle tankers," - Senior European oil trader a day after arriving in the city-state.
The world's second-largest economy is making its weight felt around the world.
After watching the video below, Dr. Paul Craig Roberts, the former Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal, wrote there "is nothing more corrupt than 'democratic capitalism.' Ameri
Dow continues to mark time around the 17,500 level…up a couple of hundred points…and down a couple of hundred. Disappointing earnings has the market looking for direction from somewhere. Gold was steady; the Aussie dollar is up a tad; meanwhile,
Bank of Spain figures show that the country's public debt is now worth more than the value of the economy.
It was around noon when a food truck rolled up to a Venezuelan state-subsidized supermarket in the town of Guarenas just east of the capital.
Well, here you go. On Wednesday, before the stock market opened in New York, Goldman Sachs analyst Patrick Archambault upgraded shares of Tesla.
(bloomberg.com) The Israeli economy slowed far more sharply than expected in the first quarter as exports plunged, prompting calls for government investment to boost growth.
Global Strategist Warns: "There Is Insane Speculation… Investors Are Fleeing To Safety… A Lot Of Unknowns"
Projected deficit prompts government to weigh alternatives Bond-like instrument would cover part of amount owed by state
You have to love it when one of Donald Trump's wild pitches sends the beltway hypocrites into high dudgeon. But his rumination about negotiating a discount on the Federal debt was priceless. No sooner did the unschooled Trump mention out loud wha
The self-described "magic people" who "give to the markets" are facing a mutiny this morning as Raghuram Rajan, the head of the Indian central bank, admits central banks and governments of rich countries are running out of ammunition for stim
Have you ever noticed that nearly all the world's surplus rests on Wall Street… or maybe in the City of London? I think this is something we should pay attention to.
How prophetic that Donald Trump, who says that he "loves debt" and is "the king of debt," wants be president of a bankrupt America. Debt is an important issue, and Ron Paul goes to work on dispelling the many myths that surround it. Check out today's
The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future.
Conversations about basic income, a government-funded salary given to every citizen, used to take place in the dingy offices of extremist left-wing politicians, or in the campus dorm rooms of idealistic students determined to fix the problems of the
Venezuelan President Nicolas Maduro has threatened the seizure of factories that have stopped production, and the jailing of their owners.
The United States is increasingly concerned about the potential for an economic and political meltdown in Venezuela, spurred by fears of a debt default, growing street protests and deterioration of its oil sector, U.S. intelligence officials said on
Following today's Brazilian Senate vote, which as reported earlier was expected to vote overwhelmingly to endorse Dilma Rousseff's impeachment and did just that in a 55-22 vote, Rousseff appealed to the public in a televized broadcast and condemned .
