'Neoliberal capitalism is already global,' writes Buell. 'Resistance to it must itself be global and democratic.' Conservatives warn us that deficit spending will turn the…
European Central Bank
The instability of the global financial system and the potential for another crash have been underscored by a major sell-off of government bonds this week.…
[This piece has been adapted and updated by Nomi Prins from chapters 18 and 19 of her book All the Presidents' Bankers: The Hidden Alliances that…
The new fixed-income haven is, of all things, the market for junk bonds. With government bonds in Germany to Japan yielding less than nothing, money…
This past week, April 24, European finance ministers met in Riga, Latvia. High on the agenda was the topic of Greek debt negotiations. Two months…
There are various narratives for what is happening to Greece as another deadline looms – the April 24 gathering of finance ministers in Riga —…
The annual spring meetings of the International Monetary Fund and World Bank held in Washington over the weekend comprised the treasurers and central bankers, together…
World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession…
Germany owes Greece no less than €278.7 billion in World War II reparations, Athens said, referring to the destruction wrought upon the nation during the…
We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU. The speculation is they will…
The German city of Frankfurt is continental Europe’s largest financial center and host to the country’s Stock Exchange, countless other financial institutions, and the headquarters…
As first reported by Forbes, the International Monetary Fund (IMF) dropped a bomb in its October Fiscal Monitor Report. The report paints a dire picture for…