As of press time, Greece was still insisting they would not make their scheduled 1.6 billion euro payment to the IMF. Assuming the payment does not go through, what will happen?
Since they can't find any evidence that Iran has actually engaged in any nuclear weapons program activities, they are instead using the "we can't prove they haven't, either" tactic to demand unprecedented levels of access to Iran's nuclear facilities...
...if there is no debt deal by the end of this month, the Greek debt crisis is going to totally spin out of control and financial chaos will begin to erupt all over Europe. But instead of trying to be reasonable, EU president Donald Tusk has delivered an ultimatum to Gre...
The Fed came in and gave AIG an emergency loan it (literally) couldn't refuse, took it over and began running the company completely illegally and in violation of the constitution.
It's a strange time right now. On the one hand there is such a sense of calm in the mainstream financial world. And on the other there is a seething, writhing pot of tension boiling away behind the scenes.
But what is the SDR? And why is it important? Why does China want it to act as a super-sovereign reserve currency? And what does that even mean?
...it's difficult to think of a major area of the economy that has not been supplemented by volunteer networks, community organizations, complementary currencies and other resourceful answers to the question of how the people can take care of themselves in the absence of a sol...
It's a point that's been made many, many times before, but it's no less valid: there are many of us. There are very few of "them." The power to transform this world still rests primarily in our hands...
Could this be, as the Daily Mail and its ilk are all too keen to suggest, simply a case of overworked young investment bankers choosing the easy way out? It’s a possibility. But could it be something much more sinister?
The world situation is grim at the moment; no one can deny that. But there are plenty of hopeful developments that show the future is not written in stone and there are things that we can do to turn things around.
Given that the genie is out of the bottle on these technologies, it would be naive to believe that it will go away.
...the best part of having a family foundation? All your family, friends, associates and contacts get a chance to dip their snoot into the trough of filthy, filthy conflict-of-interest lucre, too!
...even if Google does launch such a system, it is doomed to failure. The internet is one of the last, best bastions of the free market in action that we have in our stultified, regulated, controlled, manipulated economy.
So why is this important? As I've pointed out in these pages before, in recent years we have witnessed the beginnings of a rift in the the US-Saudi relationship.
...modern trade agreements are often less about trade and more about giant multinational corporations finding new ways to rig the economic system to benefit themselves.
So who is going so crazy for this royal baby? Surely no one who is familiar with the real history of the reign of the "Windsors,"... it's easier to understand why every royal event is so celebrated in the media if we first understand a few things about the British royal family...
...far beyond protecting the drug trade, NATO forces have long been implicated in shipping the drugs out of the country and helping bring them to the world market.
f the allegations contained in the claim are true ... then perhaps Sarao's market spoofing can be blamed for the crash in the same way that a single straw can be blamed for breaking a camel's back.
In that report... SIPRI puts hard numbers to what we already know to be true: that the powers-that-shouldn't-be are still spending unprecedented amounts of money on armaments.
But whether we're talking about law and order or the New World Order... we are ultimately talking about the same thing: an order based on a hierarchical view of society where a few lawgivers regulate, proscribe, manipulate, inhibit and control the actions of the masses.