Global Economy

arsenyiy obama

In practice, the IMF does not wield “sound economic governance” nor does it protect the vulnerable. It impoverishes entire populations, while providing “prosperity” to a small corrupt and subservient political and economic elite.


The credit card business is the banking industry’s biggest cash cow, largely due to lucrative hidden fees. Visa and MasterCard are independent entities set up by big Wall Street banks, which get about 80% of the fees.


JPMorgan Chase acknowledged that it facilitated the largest Ponzi scheme in history, as Bernie Madoff brazenly turned his business bank account at JPMorgan Chase into a money laundering operation


When the Comex trading floor opened January 30 at 8:20AM, the price of gold inexplicably plunged $17 over the next 30 minutes. The price plunge was triggered when sell orders flooded the Comex trading floor.

Federal Reserve System
The Fix is in: Fed Stops Stock Slide with Talk of Quantitative Easing (QE) Extension By Mike Whitney, October 20, 2014
rwanda carte
Economic Genocide in Rwanda: Installing a US Protectorate in Central Africa By Prof Michel Chossudovsky, October 20, 2014
IMF-World Bank Policies and the Rwandan Genocide By Prof Michel Chossudovsky, October 20, 2014
Student Loans: The Government is Now Officially in the Banking Business
Loan Sharks and Financial Terrorism: The Wonga Payday Lending Experiment By Binoy Kampmark, October 19, 2014
“Vulture Funds are the Vanguard”: An Extreme Form of Finance Capitalism By Eric Toussaint, October 19, 2014
Updated Secret Trans-Pacific Partnership Agreement (TPP) – Freedom of Information, Civil Liberties and Access to Medicines at Stake By Activist Post, October 19, 2014
emperor obama
The Looting of Ukraine and the US Energy War By Vera Graziadei, October 18, 2014
Richest One Percent Controls Nearly Half of Global Wealth By Andre Damon, October 17, 2014
Obama Misrepresents the Russian Economy By Eric Zuesse, October 17, 2014
Stagflation in Iran: Why President Rouhani’s Neoliberal “Economic Package” is Empty By Prof. Ismael Hossein-Zadeh, October 17, 2014
Top Economic Stories of 2010:  Quantitative Easing, Currency Wars, Economic Stagnation
Stocks Plunge 460 Points on Quantitative Easing (QE) Exit By Mike Whitney, October 16, 2014
Money Black Hole
Turmoil Rips Through Global Financial Markets By Nick Beams, October 16, 2014
cacao beans cocoa
Bolivia’s Transformation: The Victory of Evo Morales By Binoy Kampmark, October 15, 2014
The Top 1% Own… Half By Jon Queally, October 15, 2014
European Union to Lose 40 Billion Euros Due to Economic Sanctions imposed on Russia By Press TV, October 14, 2014
The Global Economic Crisis: Causes and Devastating Consequences
International Monetary Fund (IMF) and World Bank Meetings Conclude: Storm Clouds Gather Over World Economy By Nick Beams, October 14, 2014
The American Economy is "Dead": The Illusion of Economic Recovery
12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy By Michael Snyder, October 14, 2014
free trade
The Transatlantic Trade and Investment Partnership (TTIP): A Brief History of an Agenda for Corporate Plunder By Colin Todhunter, October 14, 2014
Fall of the Dollar on G-20 Finance Ministers Agenda
“De-Dollarization”: Iran, Russia Planning to Establish Joint Bank By Press TV, October 13, 2014
The Economic War on Cuba: Western Media Remains Silent as Obama Extends U.S. Embargo By Timothy Alexander Guzman, October 13, 2014
free trade
The Lie Machine: Trade “Partnerships” and the Hegemony of US Corporations Over the Laws of Foreign Countries By Dr. Paul Craig Roberts, October 13, 2014
Financial Meltdown: The Case Against the Ratings Agencies
Building an Ark: How to Protect Public Revenues from the Next Financial Meltdown By Ellen Brown, October 13, 2014
Proof that War Is Bad for the Economy
Dividends of Death: Doing Well in Defence Stocks By Binoy Kampmark, October 12, 2014
8th Largest Bank in World Opening Operations in Russia. It’s Chinese. By Global Research News, October 12, 2014
World Bank
The World Bank’s Support of the Dictatorship in Turkey (1980-1983) By Eric Toussaint, October 12, 2014
Mongolia as the Key to a Russian-South Korean Strategic Partnership By Andrew Korybko, October 11, 2014
australian flag
Australia and the War on Terror By Sepehr Samiei, October 11, 2014
Document Reveals European Union Bullied Ecuador Into Trade Agreement By Telesur, October 10, 2014
China’s leaders call for “stable growth” as economy slows
‘China Still not Leading Economy’: US Remains the Largest Economy in Absolute Terms By RT, October 10, 2014
Argentina and Wall Street’s Vulture Funds: “Economic Terrorism” and the Western Financial System By Peter Koenig, October 10, 2014
It’s Official: China Dethrones America as Largest Economy By Washington's Blog, October 09, 2014
Destabilization – US Weapon in a Energy War in Ukraine and the Middle East By Mahdi Darius Nazemroaya, October 09, 2014
The World Bank and the Philippines By Eric Toussaint, October 09, 2014
Libya Takes Goldman Sachs to Court to Recover $1.2 Billion from a Series of Derivative Trades By Global Research News, October 08, 2014
Economic Warfare Between the West and Russia Only Punishes the Guiltless By Anatoly Kucherena, October 08, 2014
Growth Estimates Revised Down Ahead of IMF-World Bank Meetings By Nick Beams, October 08, 2014
World’s Billionaires Grew 50 Percent Richer in 2009
The Bank Bailout and the Forbes 400 By Andre Damon, October 08, 2014
Hong Kong Protests: Now the Hard Part, Kick out the US, Build National Consensus By Kevin Zeese and Margaret Flowers, October 07, 2014
Government of the Rich, by the Rich and for the Rich
America is Truly a Country Run for the Few By Dr. Paul Craig Roberts, October 07, 2014
Feeding the One Percent: Foreign Investors’ Land Grabs in Africa and Asia, Tax avoidance and Obscene Payouts to Directors By Grain, October 07, 2014
China, Russia to Sign 30 Agreements During Annual Meet By The Brics Post, October 06, 2014
European flags are up in front of Europe
New European Commission Stacked With Corporate Lobbyists By Colin Todhunter, October 06, 2014
Unfolding Truth: Dismantling the World Bank’s Myths on Agriculture and Development By Global Research News, October 06, 2014
African land grab1
Massive Land Grabs and Dispossession: Demanding an End to the World Bank’s Morally Bankrupt Development By Global Research News, October 06, 2014
Wealth of Richest 400 Americans Surges to $2.29 Trillion By Andre Damon, October 06, 2014
Hong Kong’s Politics: If not Beijing’s Business, Surely not Washington’s By Tony Cartalucci, October 06, 2014
War and Economic Terrorism: Diverging Voices. David Cameron vs. Cristina Fernandez By Colin Todhunter, October 05, 2014
War, Neoliberal Fundamentalism and the Plundering of National Economies By Colin Todhunter, October 05, 2014
economy (2)
Looting Operation: Corporate Elite Divvies up Detroit as Bankruptcy Plan Confirmation Looms By Thomas Gaist, October 05, 2014
More Layoffs in America: No Letup in Attack on Jobs
More Bad News From The Jobs Front: US Labor Force Continues Transition from First to Third World By Dr. Paul Craig Roberts, October 04, 2014
What Austerity? Northrop Grumman Wins $350 Million Contract for More Spy Drones By Activist Post, October 04, 2014
Iraq’s Economy Collapsing Under Pressure of Security Crisis By Global Research News, October 04, 2014
US Embargo Against Cuba Hinders Information Technology Development By Prensa Latina, October 04, 2014
The Bipartisan Assault on Higher Education
United States of America: Revising its History and Exceptionalism By, October 03, 2014
cristina kirchner
The U.N. General Assembly Speech They Don’t Want You To See. Argentina President Cristina Fernandez By United Nations, October 03, 2014
How to Resist Vulture Funds and Financial Imperialism? By Eric Toussaint, October 03, 2014
wall street
The Federal Reserve Bails Out Wall Street. Since 2008, the Fed has Granted Unlimited Credit to Banks at an Official Rate of 0.25% By Eric Toussaint, October 02, 2014
Former German Chancellor: “Sanctions Against Russia Are Wrong” By Global Research News, October 02, 2014
Most “Prestigious” Financial Agencies Say Global Economy is in Real Trouble By Washington's Blog, October 02, 2014
Argentina’s Debt Default: “US Plotting to Oust, Kill Me”, says Argentina President Cristina Kirschner By Global Research News, October 02, 2014
The Global Economic Crisis: Causes and Devastating Consequences
“Poisonous” Economic Combinations Preparing New International Crisis By Nick Beams, October 01, 2014
“Financial Inclusion” in India: Ambitious but Ambiguous Plan By Kavaljit Singh, October 01, 2014
De-Dollarization: Europe and China Start Direct Trading In Euros and Renminbi By Tyler Durden, September 30, 2014
Academics and Diplomats Contest the Washington Post’s Propaganda on Venezuela By Council on Hemispheric Affairs, September 30, 2014
The Transatlantic Trade and Investment Partnership (TTIP) Trojan Horse. Selling out Europe to US Corporate Plunder By Colin Todhunter, September 30, 2014
Going After Goldman: A Crackdown on Financial Crime or a Kabuki Play Maneuvre to Avoid Bringing Criminal Charges
Smoking Gun Evidence That The New York Fed Serves The Interests Of Goldman Sachs By Michael Snyder, September 29, 2014
US Global Power in the 21st Century: Military or Economic Imperialism? By Prof. James Petras, September 29, 2014
Worldwide Poverty and “The Global Development Crisis” By Benjamin Selwyn, September 28, 2014
The Misunderstood Global Financial Crisis. “It’s the Energy Stupid” The Matterhorn Interview: with Economist Maarten van Mourik: The financial crisis is only partly financial but mainly an energy problem” By Lars Schall, September 28, 2014
Israeli threats heighten danger of Middle East war
The Threat of War and the Russian Response By Sergei Glazyev, September 26, 2014
The Failure to Prosecute Leading US Banks. The Abuse of Power by Government and Big Business By Kevin Zeese, September 26, 2014
Stop Ebola
Imperialism and the Ebola Catastrophe By Patrick Martin, September 26, 2014
palm oil
Africa: Corporate Palm Oil Plantations Destroy the Peasant Economy By Grain, September 24, 2014
“Economic Recovery” for the U.S. Middle Class: Significantly Less Purchasing Power than Before the 2008 Financial Crisis By Michael Snyder, September 24, 2014
Population Growth, Pollution and the Global Environment
World Population Alarmism: Twelve Billion People by 2100 By Tony Cartalucci, September 23, 2014
Rigged Gold Price Distorts Perception of Economic Reality By Dr. Paul Craig Roberts and David Kranzler, September 23, 2014
In the Wake of Fukushima (3/11): Japan’s Shift into Renewable Energy By Andrew Dewit, September 22, 2014
“De-Dollarization”: How Economic Sanctions against Russia are Promoting Bilateral Trade and Finance, Outside the Realm of the US Dollar By Rakesh Krishnan Simha, September 22, 2014
“Train and Equip” the Islamic State: White House Might Still Be Arming ISIL By Henry Kamens, September 22, 2014
Scam Alert: Hospitals All Over America Are Wildly Inflating Medical Bills By Michael Snyder, September 22, 2014