Global Economy

brics

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.

EEU

The Eurasian Economic Union is a reality that may end up costing the US its “perch” in Eurasia’s western periphery as a Common Economic Space is formed. The “Middle Space” is clearly resurgent. Moscow is a major political, socioeconomic and cultural force in European affairs

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.

credit

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.

EU/IMF Revolt: Greece, Iceland, Latvia May Lead the Way
Greece – Risk of False-flagging Greece into Submission and Chaos? By Peter Koenig, July 03, 2015
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US Employs Trojan Horse Strategy with Cuba By RT, July 03, 2015
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Iceland, the Land of Freedom and True Democracy, Grows Booming Economy After Jailing Bankster Criminals By J. D. Heyes, July 03, 2015
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Nine Myths About the Greek Crisis By Prof. James K Galbraith, July 03, 2015
GRÈCE:  Comment sortir de la crise ?
Sunday’s Referendum in Greece By Stephen Lendman, July 03, 2015
unclesam-Russia
Putin Gobsmacks Uncle Sam … Again By Mike Whitney, July 03, 2015
Economic Re-engineering: Does the European Union have an Expiry Date?
The Unravelling of Europe and an Idea By Binoy Kampmark, July 03, 2015
dollars
US Labor Force Participation Rate Hits Lowest Level in Nearly Four Decades By Andre Damon, July 03, 2015
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Trade in Services Agreement (TISA) Leaks: More Evidence of Concerted Attack on Democracy By Deirdre Fulton, July 03, 2015
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Puerto Rico is Bankrupt: Will the IMF Bail-Out Puerto Rico? By Timothy Alexander Guzman, July 03, 2015
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“Saakashvili Auctions Off Odessa to American Investors” By Julie Lévesque, July 03, 2015
Chaos vs Silk World Order
Neither Greater Asia nor Greater Europe: America’s «Chaos» versus a Silk World Order By Mahdi Darius Nazemroaya, July 03, 2015
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Is a Nuclear Deal with Iran Being Stalled Because the West Can’t Pay Tehran’s Money Back? By Mahdi Darius Nazemroaya, July 02, 2015
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The US-Russia Economic War Heats Up. Coordinated with Pentagon-NATO Deployments By Eric Draitser, July 02, 2015
"NAFTA of the Pacific" and the Trans-Pacific Partnership (TPP): Washington's Hidden Agenda is to Isolate and Subordinate China
Job Losses and Obama’s TPP: The Deadly Impacts of Trade Agreements on Employment By Stephen Lendman, July 02, 2015
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Five Banks Account For 96% of $250 Trillion in Outstanding US Derivative Exposure By Tyler Durden, July 02, 2015
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“What If Berlin And Frankfurt Do Not Budge” – How Varoufakis Saw The “Worst Case Scenario” By Tyler Durden, July 01, 2015
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Greece: Tsipras Surrenders to Troika Demands. Will The Referendum be Cancelled? By Stephen Lendman, July 01, 2015
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Empire and the History of the Drug Trade By S. Taylor-Wickenden, July 01, 2015
Greek Lessons: Democracy versus Debt-Bondage
Greece Again Can Save The West By Dr. Paul Craig Roberts, July 01, 2015
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EuroZone Profiteers: How German and French Banks Helped Bankrupt Greece By Pratap Chatterjee, July 01, 2015
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Greece – A Moving Target. A New Bailout Package in the Wings? By Peter Koenig, July 01, 2015
GRTV: Mutual Indebtedness: Euro Titanic has Hit the Iceberg
Financial Bombshells: Greece and JPMorgan By Bill Holter, July 01, 2015
brics
Greece May Become a Member of BRICS. Debt Relief From the New Development Bank (NDB)? By Stephen Lendman, July 01, 2015
Greek Prime Minister Forced Out in Euro Crisis Deal
Greece Threatens ‘Unprecedented’ Injunction Against EU To Block Grexit By Tyler Durden, July 01, 2015
Alkis-Konstantinidis
Varoufakis: If Europe Wants to Humiliate Greece, Do We Need That Kind of Europe? By Sputnik, July 01, 2015
tpp
The Trans-Pacific Partnership: the Totalitarian End-game of the Global Elite By Dr. Gary G. Kohls, July 01, 2015
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Syriza’s Fraudulent Capital Controls By Nick Beams, July 01, 2015
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Goldman Sachs Doesn’t Have Clean Hands in Greece Crisis By Pam Martens and Russ Martens, July 01, 2015
puerto rico
Puerto Rico Governor Declares Debts “Not Payable” By David Brown, June 30, 2015
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Greeks Say “No to Austerity”: Tens of Thousands Back Syriza at Rally in Athens By Deirdre Fulton, June 30, 2015
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16 Facts About The Tremendous Financial Devastation That We Are Seeing All Over The World By Michael Snyder, June 30, 2015
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NPR Celebrates Fast-Track Victory With an All-Corporate Lobbyist Segment By Jim Naureckas, June 30, 2015
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Greek Democracy Is Back? By Andreas C Chrysafis, June 29, 2015
European Finance Ministers Delay Loan, Press Greece for Deeper Cuts
The Troika Intends to Suffocate Greece. Threaten an “Uncontrollable Crisis”… By Ariel Noyola Rodríguez, June 29, 2015
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The Impacts of the BDS Campaign on Israel’s Economy By Stephen Lendman, June 29, 2015
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“Greece Should Go Bankrupt, Get It Over and Start It Over” By RT, June 29, 2015
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Capture, Smear, Contaminate: The Politics Of GMOs By Colin Todhunter, June 29, 2015
America's deepening inferiority complex begins to bite Russia
Russia: “Calm Amidst the Tempest”. EU Sanctions, US-NATO Military on Russia’s Border By Israel Shamir, June 29, 2015
Social Nightmare Foretold if Greece Heads for Euro Exit
New York Times Warns Greece to Accept Endless Depression– Because Default Might Be Painful By Dean Baker, June 29, 2015
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Greek Crisis Comes to a Head By Alex Lantier, June 29, 2015
USA Cuba
Cuba’s Warming Relations with the US May Undermine its Agroecological City Farms By Julia Wright and Emily Morris, June 28, 2015
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On Greece and Europe: What is Called “Negotiation” is a Demand for Total Surrender By Michael Hudson, June 28, 2015
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Troika Intends Starving Greece Into Economic Submission By Stephen Lendman, June 28, 2015
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Greece – The Delphi Declaration By Peter Koenig, June 27, 2015
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The Silver Market: Don’t Push a Bad Position! By Bill Holter, June 27, 2015
greece-euro-crisis
Greece – The Way Out. Troika Involved in “Financial Terrorism”. It’s “Economic Waterboarding” By Peter Koenig, June 26, 2015
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Foreign Investment in Israel Plummets by Half Since Gaza Massacre By Ali Abunimah, June 26, 2015
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King Obama, His Royal Court, and the Trans-Pacific Partnership (TPP) By Ralph Nader, June 26, 2015
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Pitfalls of Economic Globalization By Prof Rodrigue Tremblay, June 26, 2015
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Treasury Now Has Color-Coded Financial Terror Alerts By Pam Martens and Russ Martens, June 26, 2015
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How to Stop the Trans-Pacific Partnership (TPP) By David Swanson, June 26, 2015
Long War Cover
The Globalization of War. America’s “Long War” against Humanity By Prof Michel Chossudovsky, June 25, 2015
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The Day the Earth Died And Why Sierra Club, Greenpeace, Et Al. Were Virtually Silent About It By Eric Zuesse, June 25, 2015
pacific command
The Trans-Pacific Partnership (TPP), An Oppressive US-Led Free Trade Agreement, A Corporate Power-Tool of the 1% By Nile Bowie, June 25, 2015
Mortgage Madness: Financial Fraud in the Housing Market
The “American Dream” Denied: US Home Ownership Rate Hits Lowest Level in Two Decades By Andre Damon, June 25, 2015
Systemic Crisis  of the World Economy:  Global Geopolitical Dislocation
Crying Wolf? Impending Global Financial Collapse Will Change the World Order By Bill Holter, June 25, 2015
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American Defense Secretary Ashton Carter: Physicist for War and Profit By John Stanton, June 25, 2015
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Vladimir Putin on the Global Economy, Geopolitics and Russia-Europe Relations By President Vladimir Putin, June 24, 2015
VIDEO: The Greek People Never Agreed to the Debt or Austerity
The Delphi Declaration on the European Russian Crisis By Dr. Paul Craig Roberts, June 24, 2015
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Propaganda Reigns In The West By Dr. Paul Craig Roberts, June 24, 2015
Divisions Between the US and Europe Widen Over Greek Financial Bailout
Stifling Growth in Greece: The Austerity Regime Continues By Binoy Kampmark, June 24, 2015
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Britain’s People’s Assembly: Marching Against Austerity in London By Lesley Docksey, June 24, 2015
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How the World Bank’s ‘Payday Loans’ Are Increasing Dire Water Shortages in Latin America By Barbara G. Ellis, Ph.D., June 24, 2015
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The Restructuring, Audit, Suspension and Abolition of the Debt By Eric Toussaint and Maud Bailly, June 24, 2015
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China Syndrome: Why the PRC Won’t Get Sucked Into a Pointless War with the United States By Mike Whitney, June 24, 2015
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The Merging of Government and Wall Street Into One Criminal Entity: The Rising Tide of State Fascism in the US and Canada By Joachim Hagopian, June 23, 2015
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Wall Street Front Group Pleads for Government Help in New York Times OpEd By Pam Martens and Russ Martens, June 22, 2015
Nord Stream, Putin's  "Peace Pipelines":  Russia and Germany Join Hands?
The St. Petersburg’s International Forum in the Heart of the Action By Pepe Escobar, June 22, 2015
global-economy-stocks
The Greek Default: “It’s Already in the Market”? What Will the World Look like the Day Markets Try to Reopen? By Bill Holter, June 22, 2015
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IMF Violates IMF Rules, to Continue Ukraine Bailouts By Eric Zuesse, June 22, 2015
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“Sentence First, Verdict Afterwards”: The Alice in Wonderland World of Fast-tracked Secret Trade Agreements By Ellen Brown, June 22, 2015
The Economic Crisis: Class Struggles Heat Up in Greece
The Rise of the “Non Leftist Left”. The Radical Reconfiguration of Southern European Politics By Prof. James Petras, June 22, 2015
greece destruction
Grexit – Critical Times for Greece By Andreas C Chrysafis, June 21, 2015
Putin
The Freezing of Russian Assets, Moscow’s Counter-Sanctions Directed against the EU By Stephen Lendman, June 21, 2015
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Confiscation of Bank Deposits, The Derivative Debt By Ellen Brown and James Corbett, June 21, 2015
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The Deadly Impacts of Anti-Russian Sanctions on the European Economy. 2.5 Million Jobs Threatened. Study By RT, June 21, 2015
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America’s Pursuit of Empire. Washington’s Post-Cold War Hegemonic Project By Dr. Paul Craig Roberts, June 20, 2015
The European Central Bank Fiddles While Rome Burns
European Central Bank Extends Credit on Fears of Greek Bank Collapse By Robert Stevens, June 20, 2015
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IMF Humiliates Greece, Repeats It Will Keep Funding Ukraine Even If It Defaults By Tyler Durden, June 20, 2015