All over the planet, large banks are massively overexposed to derivatives contracts. Interest rate derivatives account for the biggest chunk of these derivatives contracts. According to…
Greece
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…
'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…
For more than a half-century, a series of United Nations resolutions and rulings by the International Court of Justice have underscored the rights of inhabitants…
That didn’t take long did it? I of course am speaking of the second overnight and global meltdown of the credit markets …in the last…
Greece has been invited by Russia to become the sixth member of the BRICS New Development Bank (NDB). The $100 billion NDB is expected to…
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…
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 —…
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…
One of the primary purposes of Liberty Blitzkrieg is to dispel the myth that America is politically a democracy and economically a free market, and prove that…
Following Hillary Clinton’s long-heralded announcement Sunday that she’ll be “Getting Started” on a 2016 run, American progressives are facing a tough choice about who, if…