debt
America’s Monetary Imperialism | By Michael Hudson
In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply...
Freedom from Debt! India’s Farmers Storm Capital
Farmers storm India’s national capital, demanding freedom from debt and better price for their produce
Several thousand small-holder farmers from across India held a massive...
China faces growing debt problems, says central bank governor
By Nick Beams
24 October 2017
A warning by the governor of the People’s Bank of China, Zhou Xiaochuan, that the country’s financial system...
Debt restructuring battle is brewing over Venezuela
Law firms, hedge funds and a secretive Mexican billionaire are jockeying for position
Battle lines are being drawn in what promises to be the most...
Dijsselbloem Speaks: The Confessions of an Economic Hit Man
By Dimitris Konstantakopoulos
During a debate in the Committee on Employment of the European Parliament, a Greek Eurodeputy asked the President of the Eurogroup (the...
John Perkins on How Greece Has Fallen Victim to “Economic Hit...
By Michael Nevradakis, Truthout | Interview
Thursday, September 11, 2014
John Perkins, author of Confessions of an Economic Hit Man, discusses how Greece and other eurozone...
Centenary of the Russian Revolution and the Repudiation of Debt
by Eric Toussaint
23 October 2017
In February 1918, the repudiation of the debt by the Soviet government shocked international finance and sparked off unanimous condemnation...
Worldwide debt more than triple economic output as central bank shift...
LONDON (Reuters) - Worldwide debt has risen to a record $226 trillion - more than three times global annual economic output - and firms...
A Russian plan on Debt
Izvestia: How writing off world debt helps Russia help its producers
The Russian government plans to write off other countries’ debts by concluding export contracts...
ECB speculating against a member of the EU in Distress!
ECB made €7.8bn profits from Greek bond holdings
by Mehreen Khan
October 10, 2017
The European Central Bank has made nearly €8bn in profits from its holdings...