Government Spending

17.05.2012 16:37 3 comments Canadian dollar to give Iceland helping hand Iceland would be better off replacing its currency with the Canadian dollar. So say Icelandic economists, who believe the move - which remains a possibility - would help stabilize the small northern country's ailing economy. Eurozone crisis		12.05.2012 23:50 14 comments Mass anti-austerity protests sweep through Spain At least 100,000 protesters angered by the country's grim economic prospects turned out for street demonstrations in 80 cities across Spain. This marked the one-year anniversary of a movement that inspired similar activist groups in other countries. Eurozone crisis
12.05.2012 15:58 42 comments Greece must ‘obey or get off euro train’ - EU Top EU officials have decreed Greece should leave the eurozone if unable to stick to the austerity measures imposed by European creditors. The political crisis in Athens is making this scenario not altogether impossible. Eurozone crisis		30.04.2012 14:40 27 comments US political theater: ‘Global oligarchic elite robs middle class’ America sees the’ looting’ of the US Treasury, and the money given to a Wall Street ‘criminal class’, journalist Chris Hedges told RT. He adds that ordinary people are caught in the vice of unregulated corporate capitalism – with no escape. US debt crisis Occupy Wall Street
30.04.2012 11:15 13 comments IMF: Who will share with BRICS? The IMF has received commitments for financing from the BRICS who hope to get a greater say in return. But analysts say the chances if that happening isn’t clear, or even if the BRICS are ready for change. Eurozone crisis		30.04.2012 07:40 9 comments Spain rallies against healthcare and education cuts (PHOTOS) Tens of thousands of Spaniards streamed into the streets nationwide Sunday to slam Madrid’s austerity program, which will take a $13 billion bite out of the country's education and healthcare budgets. Eurozone crisis
18.04.2012 19:19 2 comments Russian growth: IMF knows better The International Monetary Fund has raised its growth forecast for Russia based on higher oil prices. The figures are looking even better than the prospects portrayed by Russia's Economics Ministry. Eurozone crisis		17.04.2012 20:11 28 comments Global military machine: Rise of Russia and China Worldwide military spending held strong at $1.7 trillion dollars in 2011, despite the lingering global financial crisis. With US arms spending on the slide, Russia and China are on the rise.
11.04.2012 17:06 7 comments Putin pledges to improve investment climate Prime Minister Vladimir Putin has pledged to mend the country's fragile investment climate and further encourage major global companies to cooperate with Russia, claiming it to be absolutely vital for the country's development.		09.04.2012 22:04 16 comments DHS hires hackers to crack video game consoles The US Department of Homeland Security might soon take the “joy” out of “joystick.” The country’s top counterterrorism unit has awarded a California company $177,235 to hack video game consoles under the guise of cracking down on criminal activity.
05.04.2012 14:00 6 comments Putin to foster love for Russian car makes Government officials will soon have to forget the comforts of foreign-made expensive cars and jump into the back seats of vehicles produced in Russia.		04.04.2012 15:10 94 comments Pensioner shoots himself at Greek Parliament, refuses to 'search for food in garbage' (PHOTOS) A 77-year-old Greek man has committed suicide in central Athens by the nation’s parliament, shooting himself with a handgun in apparent financial desperation. Eurozone crisis
03.04.2012 20:15 26 comments In arms way: India's 'hollow' army to buy in bulk As a recently-leaked letter scandal reveals the Indian army, one of the biggest in the world, is virtually “naked”, foreign weapons producers cast longing looks at the country’s never-shrinking military budget: over $100 billion to be spent by 2020.		03.04.2012 13:20 43 comments ‘Capitalism in US runs dry’ There is no way the US can solve its tremendous financial problems within the settled economic system. America must go beyond capitalism, argues Richard Wolff, an economics professor at New School University, in an exclusive interview with RT. US debt crisis Occupy Wall Street
02.04.2012 16:40 7 comments Italian province offering €15 billion for financial sovereignty Italy's prosperous German-speaking South Tyrol autonomous province looks to buy its financial independence from crisis-torn Rome. Eurozone crisis		02.04.2012 13:46 14 comments World must go back to ‘sound policies’ - Jean-Claude Trichet Developed countries must stick to sound policies of not spending more than they earn, which has little to do with austerity measures, former head of the European Central Bank Jean-Claude Trichet said in an exclusive interview to RT. Eurozone crisis US debt crisis
30.03.2012 20:04 2 comments Spain tightens belt despite protests amid growing concern over its fiscal health As Spain struggles to cope with the country’s debt crisis, the government has announced the raising of corporate taxes and cuts in public spending to trim this year’s deficit by more than a third.		30.03.2012 18:00 1 comment Pensions gap a global problem The retirement age across the world should be raised to 67 years otherwise the world could plunge into a global pension crisis.
30.03.2012 02:37 2 comments Americans and Wall Street Fat Cats – battle still on Wall Street - the key puppeteer of America's economy. Its recklessness set off the financial meltdown of 08. Occupy Wall Street		30.03.2012 01:04 11 comments Top Obama lawyer admits 'Obamacare' is unconstitutional? The top lawyer for the Obama administration stated that the President's groundbreaking health care plan may have been a little over ambitious. US Election 2012 US debt crisis

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