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After more than $50 billion in foreign assistance, much U.S. provided, Somalia now faces its worst crisis since its collapse 30 years ago.
There are three big drivers of the commodity supercycle:
Worldwide debt increased to $281 trillion and worldwide debt-to-GDP ratio is now over 355%.
After much pain and suffering, Venezuelan socialist leaders have conceded they cannot effectively run an economy.
As many Americans take a day off from bidding up penny stocks, the global bond market is taking a rather serious bath.
It's all phony money but there's no revolt yet.
It's all phony money but there's no revolt yet.
Entered By: Robert Lee
The changes underway are a revolutionary change from one historic epoch to another...
For every action, there is an equal and opposite reaction. In the case of international trade and global payments, the U.S. made aggressive use of sanctions and tariffs.
Xi and Putin's Davos speeches were de facto complementary emphasizing sustainable, win-win economic development
Our Nobility's assessment of risk and their war-gaming of vulnerabilities are fatally deficient.
Today kicks off the annual World Economic Forum, which this time round is online and so can't charge anyone $43 for a hotdog.
China, which a little over a year ago unleashed a global pandemic on the world which reshaped economies, global supply chains, capital markets, and societies and was directly responsible for the downfall of a US president, was hell bent on demonstrat
China's battle with increasing coronavirus caseloads hitting ten-month highs has undoubtedly clouded the economic recovery while officials have lockdown more than 28 million people across multiple municipalities, reported Reuters.
China's battle with increasing coronavirus caseloads hitting ten-month highs has undoubtedly clouded the economic recovery while officials have lockdown more than 28 million people across multiple municipalities, reported Reuters.
For a minute there, it looked like Goldman Sachs might steal Deutsche Bank's crown as the most felonious bank on Wall Street.
Since overseeing the near-destruction of the global financial system, former Treasury Secretary Hank Paulson has kept a low profile, appearing in public every now and then to laugh in the face of worsening economic inequality - "We made it wider!" -
The first trading day of 2021 was, as Peter Schiff put it, "atypical."
In contrast to the EU, the US Congress passed the Uyghur Human Rights Policy Act in June 2019, and on September 22, 2020, the US House of Representatives passed the Uyghur Forced Labor Prevention Act.
Just because the financial system is being flooded with free money by various Central Banks, led by the Federal Reserve, doesn't mean that banks and lenders have to stop squeezing extra cash from their depositors and borrowers.
Almost Daily Grant's (ADG) made the pronouncement on December 14th that a "new benchmark in financial repression" had been set: "a record $18.4 trillion in global debt is priced to yield less than zero, up from less than $8 trillion in March
Forget the global recession, the virus pandemic, trade wars, soaring geopolitical tensions, supply chain disruptions, and tens of millions of working-poor crushed deeper into poverty because the stock market is soaring and Wall Street is on an IPO bo
In the video above, James Delingpole interviews Patrick Wood, an economist, financial analyst and American constitutionalist who has devoted a lifetime to researching and understanding technocracy...
Yesterday we asked if it was time to start worrying about food inflation while discussing recent notes by both Goldman and SocGen's Albert Edwards, who highlighted the current burst in food inflation across the globe and especially emerging markets,,
Those following the PBOC's daily net repo flows have been speculating in recent days if maybe Beijing was, for once, finally serious about draining the excess liquidity sloshing around China's financial system sparking an epic credit impulse.
Economic sanctions have cut Iran's oil production in half and dropped oil exports to less than 20% of normal. Iran's oil production is currently below 2 million barrels per day and Iran has about 300,000 barrels per day of oil exports.
"Digitization and the online platform have become too successful. So much so that they have exceeded the capacity of [the world's] physical structures to deliver to their success."
In terms of the economy and the American social situation, 2020 is definitely one of the ugliest years on record, there's really no way around it.
The ECB announced that in order to arrest Europe's economic double dip, it will expand its PEPP (pandemic emergency purchase programme) QE by €500BN (as expected), will extend the duration of the PEPP through March 2022 (it was expected to end 2021
What in God's name? Pope Francis plans to 'fix' global capitalism – with the help of the Rothschilds, Rockerfellers and Mastercard
