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As Ireland Gets Rescued, All Eyes on Portugal and Spain, Who’s Next to Collapse?
As the Irish banks are due to be rescued with up to 100,000 million euros in bailout funds, economists, investors and financial experts are turning their eyes on Portugal and Spain, asking “Who’s next?” An article in the Independent...
Haiti Cholera Death Toll Explodes to 1,250
The latest death toll in Haiti’s cholera crisis has risen to 1,250 deaths and nearly 30,000 people have been hospitalized to date, according to the Ministry of Public Health. Haiti is desperately trying to come to terms with the aftermath of the...
Eric Cantona Calls for Run on the Banks
As Europe crumbles under an ever worsening debt crisis, activists are calling for a banking crash on the 7th December. Ex-footballer Eric Cantona has taken up the task to promote a revolution against the banking oligarchy calling for everyone to take...
Welcome to Devil’s Ireland
Given Ireland’s record of poverty-fuelled emigration it is depressing to discover it profiting from the similar miseries of others. Today it bears the shame of being the European hub of human trafficking between Asians, Africans and young Latvian women. Shockingly...
Ireland Bailout Within 2 Weeks, Portugal in 1 Month says RBS
The public debt crisis sweeping the European Union could be moving into decisive moments. The British governement controlled RBS (Royal Bank of Scotland) is betting on a bailout for Ireland in less than 15 days and another for Portugal before the end...
Over 70 People With Cholera in Haiti
Health authorities in Haiti declared the cholera outbreak a “national security problem” given the deaths of already 583 people. 73 people have been hospitlized in the capital Port-au-Prince. “The deaths have increased throughout the...
Industrial Accidents and Global Inequity: The Contrasting Cases of Bhopal and BP Horizon Deepwater
Bhopal India Almost 26 years have passed since the night of December 3rd 1984, when the people of Bhopal (India) were enveloped in a poisonous miasmic cloud of methyl isocyanate, which gushed forth from the Union Carbide chemical plant. An estimated...
Crisis: Blame It on Wall Street Hedge Funds
When inquired about the financial crisis, all European leaders had to say was; “Blame it on Wall Street hedge funds, it is their fault”. The argument states that investors made a few slippery bets on Greek debt, things didn’t go as expected and...
SARB Chief says SA “recovery fragile”
According to Gill Marcus – Reserve Bank Governor ”The reality is that we probably never really emerged from the crisis, which is now entering its next phase,” There are going to be implications for growth outlooks in South Africa and other...
