Greece Can’t Do It Alone: Austerity Victims of the World, Unite!

By Ismael Hossein-zadeh, Counterpunch Mar 6, 2015 For the anti-austerity struggle in Greece and elsewhere to become effective and sustainable, it must be raised from the national level to the international level. Dig deeper ( 11 Min. Read )

Greek Finance Minister Varoufakis Wants Austerity … for the Rich

Alexander Reed Kelly / Truthdig Feb 25, 2015 “The finance ministers of Europe are not all in favor of balancing the budget if it has to be balanced by taxing the rich,” says economist Michael Hudson (not pictured) of the ongoing confrontation over the Greek debt crisis. Dig deeper ( 7 Min. Read )

Troika Deal Drives Greece Back Toward Austerity

Alexander Reed Kelly / Truthdig Feb 21, 2015 “The rightwing orthodoxy that dominates thinking in Brussels has asserted itself over the hapless Greeks,” writes economics correspondent Phillip Inman at The Guardian. Dig deeper ( 2 Min. Read )

Why Ireland’s Political Elite Are Terrified of Syriza

Alexander Reed Kelly / Truthdig Feb 2, 2015 Irish leaders -- eager to maintain that compliance with the demands of international creditors after the 2008 crisis was the best choice for Ireland -- are concerned that the defiant tactics of Greece's newly elected Syriza party may expose their program as flawed if Syriza wins concessions from the troika of lenders. Dig deeper ( 2 Min. Read )

Trojan Hearse: Greek Elections and the Euro Leper Colony

By Greg Palast, To Xoni Jan 29, 2015 Alexis Tsipras, the leader of Syriza, would like to pretend that austerity and the euro are two different things. Apparently, he's blissfully ignorant of the history of the euro. The horror of austerity is not the consequence of Greek profligacy: It was designed into the euro’s plan from the beginning. Dig deeper ( 6 Min. Read )

‘Left, Right & Center’: Tumult in the Arab Peninsula, SOTU, N.Y. Corruption

Alexander Reed Kelly / Truthdig Jan 24, 2015 Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right and Center" panelists ask how will Saudi Arabia's new king manage the challenges of the region after Abdullah's death? New York Assembly Speaker Sheldon Silver is indicted on corruption charges. Also, the European Central Bank announced an aggressive bond-buying program. Dig deeper ( 1 Min. Read )

EU Showdown: Greece Takes on the Vampire Squid

By Ellen Brown, Web of Debt Jan 10, 2015 The Greeks have been threatened by the European financial troika with a “Cyprus-Style prolonged bank holiday” if they “vote wrong” in an upcoming presidential election that looks likely to favor the EU-skeptic, anti-austerity, leftist Syriza party. But they have been bullied for too long and are saying “no more.” Dig deeper ( 7 Min. Read )

Three Decisive Events for Europe in the Week Ahead

Alexander Reed Kelly / Truthdig Oct 25, 2014 On Sunday, parliamentary elections in Ukraine and "stress tests" and reviews conducted by the European Central Bank will "determine the entire continent's direction for years ahead," financial economist Anatole Kaletsky writes at Reuters. Dig deeper ( 2 Min. Read )

The New Cold War’s Ukraine Gambit

By Michael Hudson Oct 23, 2014 With the IMF and European Central Bank acting as knee-breakers in what has become a financial extension of NATO, the U.S. and its allied investors aim to appropriate the wealth that kleptocrats took from the public domain of Russia, Ukraine and other post-Soviet economies, as well as whatever assets remain. Dig deeper ( 31 Min. Read )

1 Percent ‘Literally Rich Beyond Measure’

Alexander Reed Kelly / Truthdig Aug 7, 2014 Wealth hidden by tax shelters and non-responses to questionnaires is so undercounted that "correcting for similar lapses in income data almost erases progress made from 1988 to 2008 in narrowing the gap between the world’s rich and poor," Bloomberg contributor Jeanna Smialek reports that a body of research has found. Dig deeper ( 2 Min. Read )

Irish Compliance Yields Eurozone Bailout Exit

Alexander Reed Kelly / Truthdig Dec 15, 2013 Three years after international lenders loaned Ireland $92.7 billion to recover from its part of the international economic crisis, the country is the first afflicted eurozone state to exit its rescue program. Dig deeper ( 2 Min. Read )

Hell on Earth for Greeks

Alexander Reed Kelly / Truthdig May 23, 2013 Greek victims of austerity are increasingly being forced to sell their bodies for cheap in horrific squalor and to escape painful reality with a new street drug. Dig deeper ( 2 Min. Read )