Money and Economic News

Highwaymen? In This Day and Age?

Mon, 08 Apr 2013 14:01:00 -0400

An Italian security van was robbed in Italy by armed gunmen. Approximately €10 million in loot was...

Cypriot Bank Head Complains He Was Left In The Dark

Thu, 28 Mar 2013 15:36:00 -0400

Andreas Artemis says his resignation from the Bank of Cyprus was due primarily to the fact he was...

Paid To Display?

Wed, 27 Mar 2013 01:24:32 -0400

A store in Australia seems to have gotten ticked about people who window shop in their store. So,...

The Dow Rises, While Economic Info Continues to Stumble

Tue, 05 Mar 2013 21:47:46 -0500

The Dow closes in on new all-time highs this week, as the United States’s productivity and...

Income Is Down; It Is the 4th Consecutive Year Income Has Fallen

Wed, 26 Dec 2012 17:24:08 -0500

The U.S. Census Bureau has released income numbers for the year 2011, which show median income fell...

: I say its time to jump over the Fiscal Cliff

Wed, 26 Dec 2012 16:58:23 -0500

: I say its time to jump over the Fiscal Cliff: alonmg-politics: These people voted for Obama, they...

Argentinian Bond Debt Looks Bleak

Wed, 28 Nov 2012 22:17:43 -0500

Ratings house Fitch, has cut Argentina’s bond rating by five notches, leaving the country...

Marc Faber lays out the his dire prediction of how the...

Wed, 28 Nov 2012 16:14:13 -0500

Marc Faber lays out the his dire prediction of how the world’s financial markets will have to correct the massive debt and bubbles that exist. “We’ll be lucky if we still have 50% of the asset values we have today.” The entire global financial system needs reset…

France Follows U.S.'s Footsteps, Loses AAA Credit Rating

Tue, 20 Nov 2012 00:56:03 -0500

France lost their prized AAA credit rating from Moody’s this week, leaving the country with...

Greece Sounds A Lot Like the United States These Days...

Wed, 14 Nov 2012 22:35:45 -0500

Writer Nikos Konstandaras writes a great piece (“Delusions in the face of danger”)about...

Hollande And French Government Rush Headlong Into Ruin

Sat, 29 Sep 2012 00:41:26 -0400

Frances’ new Prime Minister, Francois Hollande, and his socialist government, have doubled...

American Banks Emergency Loans Now Revealed

Fri, 28 Sep 2012 22:22:44 -0400

As a result of the Dodd-Frank legislation, the revelations of The Federal Reserve’s lending to...

Catalans Have Had Enough?

Tue, 11 Sep 2012 19:14:42 -0400

Hundreds of thousands, and perhaps a million, angry Catalans took to marching in the streets as the...

The Spanish Economy Is So Bad...

Wed, 05 Sep 2012 00:16:53 -0400

The outlook for the Spanish economy is so dire, Spanish citizens are withdrawing any money that they...

Even the Markets Are Leaning Republican This Election

Fri, 31 Aug 2012 15:42:46 -0400

Mark Matthews, from the firm Julius Baer, says if democrats again win the White House, he will steer...

Reporter Halah Touryalai Says Benjamin Lawsky Messed Up

Sun, 12 Aug 2012 11:58:01 -0400

The author notes the usual methods that are used to reign in and charge large, international banks,...

Now Spain Plays the Part of Sinking Ship...

Fri, 20 Jul 2012 16:32:08 -0400

Now Spain Plays the Part of Sinking Ship...: New concerns about Spanish regional problems are coming...

China Still Slowing, Lack of World Demand and Economic Malaise Blamed

Sat, 14 Jul 2012 17:37:46 -0400

China Still Slowing, Lack of World Demand and Economic Malaise Blamed: Despite the rough-numbers...

Spain's Banks Under-Capitalized; Spanish Econ. Minister Asks For €100 billion 'Assistance'

Mon, 25 Jun 2012 14:06:46 -0400

Spain's Banks Under-Capitalized; Spanish Econ. Minister Asks For €100 billion 'Assistance':...

The Great Middle Class Recession

Mon, 11 Jun 2012 23:08:02 -0400

The Great Middle Class Recession: With the past three years of recession (and extremely anemic...