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  • European nations cry to WTO not Washington as Russian sanctions create layoffs
    European nations cry to WTO not Washington as Russian sanctions create layoffs
    Actions today within the Eurozone took on a Kabuki theater like presence when on Aug. 13, several European nations cried foul and headed to the World Trade Organization (WTO) to protest economic sanctions laid upon them by Russia, and which are...
  • European Union and Euro appear to be on death's doorstep
    European Union and Euro appear to be on death's doorstep
    While much of the focus in 2013 has been on the global currency wars, China's rapid climb to second place in international finance, and a global disconnect from the dollar and America's economic supremacy, underneath it all may be the...
  • Row over EU banking union
    Row over EU banking union
    London Mayor Boris Johnson, speaking at Reuters press conference:"We want free trade. We want the freedom to set our own monetary policy. We want an independent tax policy. We want less bureaucracy and less intrusion by Brussels into...
  • Eurozone
    Eurozone's unemployment soars in debt crisis
    Unemployment in the 17-nation Eurozone hit 11.6% in September, signaling more economic woes inside the once do-know-wrong land of the vaunted euro. Launched in 1999 to much fanfare, the euro was supposed to assure member-states unprecedented...
  • Angela Merkel
    Germany asks U.K. to play bigger role in EU
    Fearing a Great Britain bail out from the European Union, German Foreign Minister Wolfgang Schaeuble urged conservative Prime Minister David Cameron to remain engaged in the European Union. Since the Eurozone’s sovereign debt crisis emerged...
  • OECD General Secretary General Meets with Euro Leaders
    U.S. economic growth tops the world on OECD CLI Index
    The American economy reports out “best in the world” performance as measured by the OECD Composite Leading Indicator Index on the world economy. The report was released at 7:00 a.m. Washington time on October 8, 2012 from Paris...
  • Spanish Prime Minister Mariano Rajoy
    Bloody protests erupt, dollar falls, following Spainish austerity announcement
    Today Spain's government revealed the country's 2013 budget and economic reform package, which presents 43 new laws to reform the economy in the next six months. Emphasizing spending cuts, the budget proposals include tapping into the...
  • Berlusconi
    Berlusconi runs again for Prime Minsiter and Moody downgrades Italy
    Silvio Berlusconi announced Thursday that he will once again run for Prime Minister as head of the Party of Freedom (PDL), the party he spearheaded for almost 20 years.The media tycoon – and former Premier – succumbed to a confidence...
  • Eurozone crisis
    The Eurozone crisis and how it affects our economy
    The United States shares deep cultural ties with Europe, going back well over 200 years. We have shared many common practices over the years, particularly in manufacturing and in technology.One major difference that stands out though,is inourbeing...
  • Banker run: Money and bankers fleeing Spain's financial system
    Banker run: Money and bankers fleeing Spain's financial system
    Over the past few weeks, monetary bank runs on Spain's financial system have been going strong as people's fears of insolvency grows higher. Nationalization of Bankia, along with a falling Euro and confidence in the Eurozone, is reliving...
  • OECD warns of 'severe recession', suggests Canada raise interest rates
    OECD warns of 'severe recession', suggests Canada raise interest rates
    Paris -Europe is now facing even more pressure after the OECD issued its latest economic outlook. It urged the eurozone to take the necessary steps to incite economic growth because otherwise it poses a severe risk to the global economy.In its...
  • Greek exit from Europe, how much could it cost?
    Greek exit from Europe, how much could it cost?
    Top news coming in to an overcast San Francisco today is about Greece and the crisis that could happen if it decides to leave the Eurozone.Newser.com says that the cost could well be $1 trillion and the other European countries could incur what...
  • British Prime Minister David Cameron
    Eurozone splits! EU to continue without Britain (First step is to print money!)
    Early this morning the EU leaders came to a decision. The Eurozone willcontinue, but they’ll no longer have the support of Britain (and her pound).CNN reports the following:But the new plan, which leaders are aiming to have ready by March,...
  • Tea Party protests bailouts, Apr. 15, 2010, Greensboro.
    Tea Party still hasn't made more bailouts unthinkable
    The media now says it; the Tea Party originated out of opposition to bailouts - not out of later opposition to Obamacare. This area's Tea Party was protesting against bailouts over a year before Occupy ever began - as shown by homemade signs...
  • Global debt and derivatives skyrocket contrary to central bank efforts
    Global debt and derivatives skyrocket contrary to central bank efforts
    As the rhetoric continues in Europe and the United States of a recovery from the spiraling liquidity debt crises in both the central banks and sovereign nations, certain portions of the global market are not only growing, but have added over $100...