Ellen Brown / TruthdigSep 25, 2019
If the president wants the federal government to be able to borrow cheaply, there are far better options than negative interest rates. Dig deeper ( 7 Min. Read )
Jacob Bacharach / TruthdigJun 21, 2019
The tech behemoth’s bid to create its own pseudocurrency à la China’s WeChat is likely to flop, but we can't afford to write it off. Dig deeper ( 5 Min. Read )
MARTIN CRUTSINGER / The Associated PressJun 19, 2019
The Fed says that because "uncertainties" have increased, it would "act as appropriate to sustain the expansion." Dig deeper ( 3 Min. Read )
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Alexander Reed Kelly / TruthdigJul 27, 2015
The international financial organization has warned of economic trouble ahead for the eurozone as worry over Greece lingers, unemployment remains high and the banking sector struggles to shake off the residue of the financial crisis. Dig deeper ( 1 Min. Read )
Roisin Davis / TruthdigJul 19, 2015
Yanis Varoufakis, who resigned recently, predicted that the measures will “go down in history as the greatest disaster of macroeconomic management ever.” Dig deeper ( 2 Min. Read )
Robert Reich / TruthdigJul 17, 2015
The investment bank turned a huge profit by helping to hide the real extent of Greece's debt, and in the process almost doubled it. Dig deeper ( 5 Min. Read )
Alexander Reed Kelly / TruthdigJul 1, 2015
The esteemed U.S. political economists say Western financial institutions are keen to bail out Greece because if they don’t, the country's existing creditors -- other Western financial institutions -- will fail to recover money they previously lent to Greece. Dig deeper ( 11 Min. Read )
Alexander Reed Kelly / TruthdigJun 29, 2015
Greeks found their savings blocked and banks closed Monday morning after a standoff between the country and its bailout creditors that cast doubt on the future of Europe’s single-currency zone. Dig deeper ( 1 Min. Read )
Alexander Reed Kelly / TruthdigMay 28, 2015
Acclaimed heterodox economist Michael Hudson tells The Real News Network that if passed, the Trans-Pacific Partnership trade deal will overturn state sovereignty, and that leading International Monetary Fund economists have described the organization as captured by private bondholders. Dig deeper ( 13 Min. Read )
Alexander Reed Kelly / TruthdigApr 22, 2015
Greece's new left-wing, anti-austerity Syriza Party raises concerns over international creditors’ demands to restructure the country's labor market and curtail its pension system in exchange for a new package of bailout funds scheduled for release Friday. Greek Finance Minister Yanis Varoufakis speaks with “Democracy Now!” Dig deeper ( 9 Min. Read )
Alexander Reed Kelly / TruthdigMar 20, 2015
Thousands participated in anti-austerity “Blockupy” demonstrations that turned violent outside the opening of the new headquarters of the European Central Bank in Frankfurt, Germany. Dig deeper ( 1 Min. Read )
By Ellen Brown, Web of DebtMar 11, 2015
It seems the European Central Bank has made good on a threat by Goldman Sachs to cut off liquidity to Greek banks in the event the nation elected an anti-austerity government. Dig deeper ( 7 Min. Read )
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