Crisis Chronicle

07.11.2011 12:11 8 comments EU is corrupt and beyond fixing – ex-UK minister RT talks to Lord Alexander Hesketh, who has become the most high-profile defector from David Cameron’s Conservative Party after he rejected a referendum on Britain’s leaving the EU.		01.07.2011 08:10 4 comments Greeks outraged by government’s sellout for quick cash Greece is now set to receive 12 billion euro in additional rescue cash from the EU, after parliament passed a vote on how to implement tough new austerity measures. However, the move sent thousands of angry protestors on to the streets of Athens.
16.05.2011 09:35 6 comments Signals Spain may seek bailout spelling disaster for eurozone Violent protests against austerity cuts have broken out in Spain, as the country struggles to deal with record-high unemployment signaling that Madrid could possibly be next in line for an EU bailout.		18.04.2011 13:10 1 comment “We’ve saved wellbeing of millions of Russians” – Russia’s finance minister The Russian economy looks pretty good compared to most developed countries that have either come close to or gone beyond the acceptable limit of national debt and entered the risk zone, Russia's Finance Minister Aleksey Kudrin told RT.
07.04.2011 11:39 Portugal fights for scraps of credibility, US plans indefinite debt An option of last resort - that's how Portugal’s Prime Minister has described the country's request for a financial bail-out from the EU.		14.11.2010 10:26 4 comments And the next global leader is... Is the US still leading the world? And if it is not America's destiny to guide us all to a better future, then whose is it?
18.10.2010 09:09 4 comments UK on verge of new crisis Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.		03.10.2010 11:01 2 comments “Wall Street crooks and Washington politicians sleep in one bed” – insider US author Yves Smith spoke with RT about the cover-ups that went on leading up to and during the economic crisis, the real secrets of the crooks on Wall Street, and the doom and gloom of the future of America's economy.
27.07.2010 06:57 1 comment Food bank set up in Latvia to help those worst hit by financial crisis The financial crisis has especially hit a new member of EU, resulting in 8 percent of Latvians registered below the poverty line. Once enjoying a record breaking economic boom, it now relies on IMF loans to survive.		18.06.2010 09:51 2 comments Hope of recovery for former US auto powerhouse? Detroit used to be one of America's premier auto manufacturers, but with the demise of its carmakers, Detroit’s residents are facing rising unemployment and crime in a city which has become a shell of its former self.
07.06.2010 09:58 5 comments “We are looking forward to recovery” – Latvian president Latvian President Valdis Zatlers believes that the biggest task towards stabilization of the economy and Latvian financial system is complete, but the goal to recover and get back to growth has not been achieved yet.		04.05.2010 09:44 Greeks protest against new economic measures Demonstrations are sweeping across Greece as tougher economic measures are introduced by the government.
30.04.2010 13:37 16 comments Debt-ridden Greeks angry at defense deal Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”		16.04.2010 23:19 2 comments Greek crisis to crash Eurozone utopia? The eurozone’s secret is that its pockets are a little dusty. It could print or borrow the cash to bail out Greece and but it knows that would not be the end of it.
07.04.2010 08:45 10 comments Democrats are pushing the US towards a war with Iran – Pat Buchanan America is facing a crisis of democracy because of the rising deficit gridlock in Washington and a possible war with Iran, political commentator and author Pat Buchanan told RT.		05.04.2010 12:45 3 comments “The US economy will not recover for at least another decade” – Engdahl American bankers see themselves as the gods of money, a class above mere mortals, and they can do what they wish, said renowned economic researcher and historian William Engdahl in an interview with RT.
28.03.2010 10:12 Should people pay more taxes to get out of the crisis? As the economic crisis continues to take its toll in America, some people object to paying high income taxes to try and help out.		20.03.2010 07:21 1 comment US homeless want bank to foot the bill Protestors took to the streets of New York demanding that one of America's biggest banks start to repay its billion dollar bailout and provide help for some of the city's homeless.
12.03.2010 06:18 US banking system still in turmoil despite bailout With banks in the US closing faster than at anytime since the Great Depression and executives still receiving huge bonuses, tax-payers are questioning if their tax-dollars were well spent on the bailout.		01.02.2010 15:56 13 comments Paulson points finger at Moscow for plotting crisis in the US The former US Treasury secretary has accused Russia of trying to undermine the American economy shortly before the global recession.

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