breakingnews
29.10.2008, 17:12
Researchers at the one of the 12 Federal Reserve banks, Minneapolis, have challenged U.S. authorities to publish the data which justifies the multi-billion-dollar bank bailout.
10.11.2008, 19:17
In the U.S. the Federal Reserve is refusing to disclose who has received almost $2 Trillion worth of taxpayer funded loans, or what collateral it is taking, according to Bloomberg. However, under the U.S. Freedom of Information Act the details of lending
23.11.2008, 02:21
While leaders in Peru grapple with the financial fallout, Americans angry at the multi-billion dollar bailout plans are protesting in Washington. They say the U.S. Federal Reserve, far from helping solve the financial crisis, is taking money out of their
26.11.2008, 16:49
As early as autumn 2009 the economic crisis may lead to a civil war in the USA and then to its division into parts. Igor Panarin, doctor of political science, dean of the foreign affairs department at the Diplomacy Academy of the Russian Foreign Ministry,
28.11.2008, 15:40
Al-Qaeda is indirectly responsible for the financial crisis, one of the terrorist group’s leaders has said in a video posted on the internet. According to Reuters, Ayman al-Zawahiri said American taxpayers were paying the price for the U.S. military campa
11.12.2008, 06:35
Russia’s commodity-based economy is struggling as oil prices plunge 70% from record levels in July, and experts anticipate a sharp rise in unemployment early next year.
16.10.2010, 01:30
15 comments
The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?
21.10.2010, 22:14
3 comments
The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.
03.03.2010, 00:49
75 comments
Violence breaks out as students at the flagship school of the University of California protest stiff tuition hikes.
23.10.2010, 00:52
7 comments
Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.
Published: 29 November, 2008, 07:47
Shops and businesses are closing down across the U.S. as the global recession deepens. Unemployment is rising and ordinary Americans are making financial sacrifices to stay afloat. This often means cutting down on life’s luxuries, like eating out and goin
