Progressive Radio Network

European Central Bank

The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between…
Back in January upon coming into office, Syriza probably could not have won a referendum on whether to pay or not to pay. It didn’t…
Negotiations between Greece and its official creditors - the European Commission, International Monetary Fund (IMF) and European Central Bank - are currently in renewed deadlock.…
Many readers of the European and American press must be confused about what actually is happening in the negotiations between Greece (Alexis Tsipras and Yannis…
Remember when the Department of Homeland Security was issuing those color-coded terrorist alerts? Well, they don’t do that anymore.  They’re back to using plain ole black-and-white…
The Greek debt is unpayable. It is simply too large to be repaid. The austerity that the EU and IMF have imposed on Greece has…
Liberalism’s Death Bell Tolls, Part 3: J’accuse la gauche liberale Richard Gale and Gary Null Progressive Radio Network, March 6, 2013   It is past…
In the years immediately following the global financial crisis of 2008, the claim was frequently advanced that, while the major capitalist economies were severely impacted,…
Global markets are changing drastically and showing volatilities like we saw back in late 2008.  I am not talking about stock markets, it is the…
The Saker: We hear that the Ukraine will have to declare a default, but that it will probably be a “technical” default as opposed to…
The world economy is disturbingly close to stall speed. The United Nationshas cut its global growth forecast for this year to 2.8pc, the latest of the…
The announcement last week by the European Central Bank (ECB) that it was going to front-load asset purchases under its quantitative easing program was another…