Washington (AFP) - The Federal Reserve held its key interest rate locked at zero Thursday, pointing to the downturn in the global economy even as US growth remains steady. "Recent global economic and financial developments may restrain economic activity somewhat...
The USA is going to begin imposing sanctions on China next week. This is suicide economically. The Chinese economy is already failing and now the U.S. will further the demise of their economy, but the kicker is, according to...
It's been an odd few days for Greece's new PM Alexis Tsipras. From being lambasted by Jeroen Dijsselbloem, shunned by Angela Merkel's henchmen, holding hands with Jean-Claude Juncker, and losing a key funding channel from Mario Draghi; Tsipras' anti-austerity...
The Asian markets are again taking a beating, just prior to London opening. With the market turmoil continuing only time tells about what is to come in the future and that is why economists are warning to stock up...
First Greece, now Puerto Rico, its not even Monday yet the anticipated day of a Market Crash and at 10pm on June 28th 2015 Puerto Rico can also not pay their debts. Here we go. Puerto Rico Gov. Alejandro García...
Greece’s finance minister Yanis Varoufakis has spelled out the negotiating strategy of the Syriza government with crystal clarity. “Exit from the euro does not even enter into our plans, quite simply because the euro is fragile. It is like a...
The man, as people all around the world are calling Donal Trump. The best idea for president some say. Well, according to Josh Earnest and his affiliates within the White House; Donald Trump is a bad idea, and his...
The International Monetary Fund has decided that on November 30th, 2015 they will attempt again to include the Yuan into the elite currency basket. The decision is not final, yet. However Christine Lagarde, the mouthpiece, stated that she supports...
The Sugar Pine Mining owners have been mining their land for a century but now the federal Bureau of Land Management is trying to take over. In response, an armed militia group known as The Oath Keepers are stepping...
Nunavut is the edge of the world in a lot of ways — it’s the farthest-north part of Canada, a broken-up spray of frozen land coming off the top of the country like a very icy mohawk. In terms...
As it becomes public knowledge that the IMF has followed the BIS with a warning to brace for a global "liqudity shock", it has become apparent that banks are already taking quick action. It was a liquidity shock in...
The EU is on the brink of collapsing. Another country has just voted for a referendum and no it is not a poor country, or a country needing relief like Greece. It's Austria, one of the EU's most well...