Selected Articles: Global Economic Report. Who Will Benefit From the Chaos?

Goldman SachsGoldman Sachs Makes Oil Prices Drop

By Mikhail Leontyev, January 20 2016

Mikhail Leontieff has been keeping a close look at the markets and his attention was drawn to the fact that the most pessimistic forecasts are being voiced by the most active players.

Unemployment-Public-Domain-300x300Global Unemployment and the World Economic Crisis: A Bleak ILO Unemployment Report and even Bleaker Projections

By Peter Koenig, January 20 2016

This is a transcript of an interview of Dr. Peter Koenig with PressTV, focussing on the recently released ILO Unemployment Report. The interview is preceded by a brief news summary of the ILO report.

central-banks-economy 2China Confirms Economic Slowdown as IMF cuts global growth forecast

By Nick Beams, January 20 2016

The Chinese economy has experienced its slowest growth since the aftermath of the Tiananmen Square massacre a quarter of a century ago, with the economy recording an expansion of 6.9 percent last year, compared to 7.3 percent in 2014.

pile-des-notes-de-réserve-fédéraleThe Federal Reserve’s Insidious Role in the Stock Market Slide

By Mike Whitney, January 20 2016

When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that any steep or prolonged downturn in stocks would be met with additional liquidity and a firm commitment to maintain zero rates as long as necessary.  But now that the Fed has started its long-awaited rate-hike cycle, investors aren’t sure what to expect.

charityCorporate Philanthropism: Who Exactly Benefits Most from the “Global Giving” by Billionaires?

By Jon Queally, January 20 2016

As the world’s political and economic elite gather to discuss their top concerns at the annual Davos summit in the Swiss Alps and with attention this week focused on the scourge of economic inequality, a new report begs questions about the potentially disastrous role the super-wealthy are playing when it comes to addressing key problems of global inequity, endemic poverty, and international development.

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