Global Economy


The Bank for International Settlements (BIS) is an organization that is shrouded in mystery, mainly due to the fact that the majority of people don’t even know of its existence.


The BRICS Development Bank (NDB) & its Contingency Reserve Arrangement (CRA) are dollar denominated entities. Unless they are coupled with a multi-currency system of trade & credit, they do not threaten dollar hegemony.

US Stocks Soar on Fed Pledge to Keep Interest Rates Near Zero

One of the many flaws of the economics discipline is its static or ahistorical character, that is, a grave absence of a historical perspective.


Financial markets are rigged by the megabanks. Powerful financial institutions including JP Morgan Chase, HSBC, Goldman Sachs, Citigroup, et al and their affiliated hedge funds have the ability of “pushing up” the stock market and then “pulling it down”.

“The Insourcing of Prison Labor”: Seven US Corporate Household Names Use Prison Labor to Produce their Goods By Kelley Davidson, November 28, 2015
central balkans
Washington’s “Destabilization Agenda”: A Hybrid War to Break the Balkans? By Andrew Korybko, November 28, 2015
The Trans Pacific Partnership (TPP): America’s “Economic War” Against Asia And Latin America By Ulises Noyola Rodriguez, November 28, 2015
Class, War And David Cameron. “Keep our Country Safe, …Military Action against ISIS” By Colin Todhunter, November 27, 2015
British Austerity: Cutting One’s Own Backyard By Binoy Kampmark, November 27, 2015
Corporate Parasites And Economic Plunder: We Need A Genuine Green Revolution By Colin Todhunter, November 25, 2015
Why We’re Sliding Towards World War By Washington's Blog, November 25, 2015
migrants Europe
Europe and the Global Systemic Economic Crisis By Global Europe Anticipation Bulletin (GEAB), November 24, 2015
America's Credit and Housing Crisis: New State Bank Bills
War, Winter and Poverty in the EU: The Unfolding European Housing Crisis By Graham Vanbergen, November 24, 2015
The Realism of Audacity: Was There Another Road for Greece? Rethinking Revolutionary Strategy Today By Panagiotis Sotiris, November 23, 2015
War on Cash: How and Why the Financial Elites Want to End Physical Cash By Phoenix Capital Research, November 22, 2015
Hang Onto Your Wallets: Negative Interest Rates, the War on Cash, and the $10 Trillion Bail-in By Ellen Brown, November 20, 2015
Who Needs Gates and Monsanto? Confronting Hunger, Poverty and Climate Change: “Tremendous Success” of Agroecology in Africa By Colin Todhunter, November 20, 2015
Shinzo Abe
Abe’s Plan For Japan: A Fourth Arrow? By Naoko Kumada, November 19, 2015
US Approves $1.29 Billion Deal to Re-Arm Saudi Arabia Despite Country’s Mass Atrocities By Sarah Lazare, November 18, 2015
The Finance of Land Grabs: Peasants, Herders, Fishers Dispossessed by Corporate Investors
Top Swedish, US and Canadian Pension Funds Linked to Brazilian Land Grabs, Displacement of People By Grain, November 16, 2015
Looming Crisis: America's Credit Card Debt Bubble-Burst
Debt Serfdom in America: Spiralling Household Debts, Mortgages, Credit Cards, Student Loans By Liaquat Ali Khan, November 13, 2015
Federal Reserve Admits It Has No Idea What It’s Doing By Washington's Blog, November 13, 2015
New Socialist Government Keeps Portuguese People Under The “Neoliberal Economic Whip” By Dr. Paul Craig Roberts, November 13, 2015
The Devastating Impacts of the TPP Trade Deal on Vietnam By Chuck Searcy, November 13, 2015
David Cameron addresses the Conservative Party Conference in Manchester Getty Images
Britain’s “Love Hate Relationship” with the EU: David Cameron’s Gimmick, “Negotiating Cycles” with Brussels By Binoy Kampmark, November 12, 2015
Greek Lessons: Democracy versus Debt-Bondage
Shocking, Little-Known Facts About Debt. Private Debt Exploding By Washington's Blog, November 12, 2015
a Abayomi Azikiwe speaks at the Workers World Conference in Harlem on Nov. 7, 2015
Neo-Colonialism in Africa: The Struggle to Reverse Neoliberalism and U.S. Militarization By Abayomi Azikiwe, November 10, 2015
Neoliberal Water under the Bridge: How Politics and Business Unite in the U.S., Honduras and Israel By Charity Crouse, November 10, 2015
The Re-emerging African Debt Crisis. Renewed IMF “Economic Medicine” By Abayomi Azikiwe, November 10, 2015
Full Text of TPP Released: Monsanto’s Dream Trade Deal. The Biotech Industry “Can Legally Patent Your Genes” By Christina Sarich, November 09, 2015
European Finance Ministers Delay Loan, Press Greece for Deeper Cuts
Lessons from the Greek Debacle: A Left Euro-Skepticism or a Left Popular Front against the EU? By Stavros Mavroudeas, November 09, 2015
The Re-enserfment of Western Peoples. The Corporate Power Grab Which Eliminates Political Sovereignty By Dr. Paul Craig Roberts, November 09, 2015
Some of the millions of people who have fled Syria. Photo credit: The UN Refugee Agency / G. Gubaeva
The Flood of Refugees into Europe: “The New Slave Trade” By Peter Koenig, November 08, 2015
TPP, WTO, NAFTA: The Most Brazen Corporate Power Grab in American History By Chris Hedges, November 08, 2015
TPP Ignores “Global Warming” and Allows “Murder” of Labor Union Organizers By Eric Zuesse, November 07, 2015
Another Phony US Payroll Jobs Number Report. Fake Unemployment Statistics By Dr. Paul Craig Roberts, November 07, 2015
Recovery or Economic Collapse? Bet on Collapse
Looming Economic Collapse Scenarios facing the United States: Lessons from the Soviet Collapse Interview with Dimitry Orlov. Global Research News Hour Episode 90. By Dmitry Orlov and Michael Welch, November 06, 2015
Secret TPP Text Unveiled: It’s Worse Than We Thought By Public Citizen, November 06, 2015
Trans-Pacific Partnership (TPP): ‘Worse Than We Thought’. A Total Corporate Power Grab Nightmare By Deirdre Fulton, November 06, 2015
Demonstrators protest the TPP trade deal. | Photo: Reuters
TPP Fears Confirmed: “Environmental Risks, Runaway Corporate Power, Weakened Democracy” By Telesur, November 06, 2015
The Trans-Pacific Partnership (TPP) A Trade Deal of Denial: Omissions and Sins By Binoy Kampmark, November 06, 2015
The Full Text of the Trans-Pacific Partnership Agreement (TPP) By Global Research News, November 05, 2015
Calm before the Storm?  The Dollar versus the Yuan: America and China Engage in a "Currency War"
China’s Renminbi as a World Currency, Endorsed by the City of London By Ariel Noyola Rodríguez, November 05, 2015
Mass European Protest against TTIP corporate Takeover: EU Commission Sanctions “Revolution Against Law” By Graham Vanbergen, November 05, 2015
Global Conflict and the Geopolitics of US-China Relations By Prof Michel Chossudovsky, November 01, 2015
Big Pharma and the Money-Making Business of Medicine By Dr. Gary G. Kohls, November 01, 2015
USA Cuba
National Lawyers Guild (NLG) Calls on US Government to Normalize Relations with Cuba, End Persecution of Anti-Blockade Activists By National Lawyers Guild International, November 01, 2015
The Normalization of Relations with Cuba: Obama, Put Your Money Where Your Mouth is on Cuba By Art Heitzer and Marjorie Cohn, November 01, 2015
Unemployment, Collapsing Infrastructure, An Incompetent Social-political-economic System: America is “On the Road to the Third World” By Dr. Paul Craig Roberts, October 30, 2015
IMF Pegs Canada’s Fossil Fuel Subsidies at $34 Billion By Mitchell Anderson, October 30, 2015
The Defeat of the FTAA. The Emergence of the Bolivarian Alliance for the Peoples of Our America – Peoples’ Trade Treaty (ALBA-TCP) By Arnold August, October 30, 2015
volkswagen test antipollution
Automakers and Their Dark, Deadly Conspiracies By Yves Engler, October 29, 2015
us imperialism
How the New World Order “Globalists” Are Dividing Americans By Joachim Hagopian, October 28, 2015
Sommet Obama
“Running Out of Money”. The US Government On the Brink of Default. How Obama Could Beat the Debt Ceiling By Ellen Brown, October 28, 2015
The “Democratise Europe” Project. A European Movement, A Coalition of Citizens. Interview with Yanis Varoufakis By Yanis Varoufakis, October 27, 2015
Buildings are reflected on a Bank of Japan board in Tokyo
“Abenomics” Fails to Resolve Japan’s Economic Crisis. The Shortcomings of “Monetary Stimuli” By Ariel Noyola Rodríguez, October 27, 2015
The image of the Earth rising over the surface of the moon, a photograph taken by the first U.S. astronauts to orbit the moon.
Human Activities in Space: Issues and Framework of the United States Law Concerning Outer Space By David Liechty, October 26, 2015
Ukraine’s Debt Default, Kiev’s Desperate Financial Maneuvers, and the IMF’s Backroom Deals By Valentin Katasonov, October 26, 2015
Russia and China: The Dawning of a New Monetary System? By Peter Koenig, October 25, 2015
Le Portugal adopte un budget d'austérité tandis que s'intensifient les attaques spéculatives contre l'Espagne
The Pantomime of Democracy: Portugal’s Coup against Anti-Austerity By Binoy Kampmark, October 25, 2015
The “Asian Sea Arc” and Russia’s “ASEAN Pivot”. Geo-Economic Shift towards South East Asia By Andrew Korybko, October 25, 2015
Manipulation of the Gold Market: China has Imported 2400 Tons of Gold and the Price Goes Down… By Bill Holter, October 24, 2015
Spread The Word: TPP Is Toxic Political Poison That Politicians Should Avoid By Kevin Zeese and Margaret Flowers, October 24, 2015
State Terror or Capitalist Terror, Military Coup or Capitalist Coup By Prof. James Petras, October 23, 2015
Hillary Clinton Emails
Hillary Clinton Pretends to Be “Progressive”, She’s Actually “Conservative” By Eric Zuesse, October 23, 2015
Canada 300
Committee for Monetary and Economic Reform (COMER) Sues the Bank of Canada. Canadians Fight to Restore their “National Public Bank” By Matt Stannard, October 22, 2015
Bernie Sanders, “Democratic Socialism” and the Redistribution of Wealth in America By Greg Guma, October 22, 2015
Break up the Banks and Combat Financial Crime
Killing Off Community Banks — Intended Consequence of Dodd-Frank Act? “Orderly Liquidation Authority”. Consolidation of Megabanks By Ellen Brown, October 22, 2015
Western Civilization and the Economic Crisis: The Impoverishment of the Middle Class
There Has Never Been an American “Middle Class”. The U.S. Working Class Has Always Been Poor By Alan Nasser, October 21, 2015
The Financial Crash and the Repeal of the Glass-Steagall Media Conspiracy By Pam Martens, October 21, 2015
VIDEO: Military Buildup Worldwide: The Globalization of War
The US Military Empire and the “Privatization of War”: Private Military and Security Contractors in the Service of the Transnational Capitalist Class (TCC) By Peter Phillips, October 21, 2015
The Bail-In: How You and Your Money Will Be Parted During the Next Banking Crisis By John Lawrence, October 21, 2015
The Criminalization of Wall Street: Will Any Exec at Goldman Sachs Go to Jail?
Privatization of the US Prison System By Global Research News, October 20, 2015
World Bank Report Challenges Notions of Declining Poverty in Africa By Abayomi Azikiwe, October 20, 2015
Quantitative Easing Was a Bust; Let’s Try Higher Wages Instead By Mike Whitney, October 19, 2015
Public Services Under Attack through TTIP and CETA Atlantic Trade Deals By Corporate Europe Observatory, October 19, 2015
Obama’s Proposed Atlantic TTIP Trade Deal with Europe. “Public Services Under Attack” By Eric Zuesse, October 19, 2015
Why the Trans-Pacific Partnership Equals a U.S. Aircraft Carrier By Stephen Gowans, October 19, 2015
USA Cuba
Cuba: End The Blockade Immediately! By Chandra Muzaffar, October 18, 2015
The Real Causes of the Catastrophic Crisis in Greece and the “Left” By Takis Fotopoulos, October 17, 2015
From Energy War to Currency War: America’s Attack on the Russian Ruble By Mahdi Darius Nazemroaya, October 16, 2015
Secret TPP Trade Agreement Leaked: Full Text of Intellectual Property Rights Chapter By Global Research News, October 16, 2015
The Secretive Trans-Pacific Partnership: Washington’s Strategy to Isolate China By Timothy Alexander Guzman, October 15, 2015
Top 1 Percent Own More Than Half of World’s Wealth By Patrick Martin, October 14, 2015