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Dark Clouds over the Global Economy
By Raul de Sagastizabal The downgrade of American bonds along with the problems of the European over-indebtedness increases the fear of a recession or a sharp slowdown in the global economy. Much of the market turmoil responds to the fear of investors,...
Who Owns the American Dollar?
I have never heard anyone question who owns the U.S. dollar as it seems obvious; the state owns and manages it. Not so quick: It belongs neither to the government of the United States nor, being a republic, to its people. The actual dollar has...
North Korea Promises “Physical Response” to US moves
North Korea has promised a “physical response” to American moves taken following the sinking of a South Korean warship in March. The sinking of the warship has been blamed on North Korea by both South Korea and the United States. The comments...
Three G8 countries at “high risk” to natural disasters
Three G8 countries- France, Italy and the United States- are considered to be at “high risk” to natural disasters, claims the Natural Disasters Risk Index (NDRI). The same index, released on Thursday, lists Bangladesh, Iran and Indonesia as the countries...
US Puts World on Fast Track to “Great War” – Celente
KINGSTON, NY, 20 April 2010 —The United States-initiated wars and punitive foreign policies intended to bring hostile regimes to heel, are guaranteed to escalate current wars while turning simmering conflicts into new wars. The major premise of this...
Detroit is Toast
You don’t believe me when I tell you that Detroit, one of America’s most iconic cities is a dying city? Will you believe me when I tell you that in Detroit a palatial home that sold for $250,000 as recently as 2005 was recently sold for small change;...
Crisis in Dubai is over, says official
According to a report by Reuters, the United Arab Emirates’ foreign minister said Share
A Case for Eating Your Vegetables
Parents have always had a hard time getting kids to eat their vegetables Share
Burberry says 1Q revenue down 4 per cent
Burberry Group Plc, the UK luxury goods company, announced that first quarter revenue dropped Share
