China is now a giant workshop of the human civilization. It produces real products. Up to 80 percent of China's gross domestic product falls for small and medium enterprises - this is a business that involves the entire population of the country. If china crushes the dollar, the huge US dollar debt to China will turn into dust
To save Ukraine from default that the country may face should it fail to pay compensations for Russian bonds, the International Monetary Fund is ready to change crediting rules. The provisions will have to be amended on an international level
The world economy can no longer "work" - the way it has worked - under the paradigm of growth/accumulation. This assertion leads to the conclusion that the challenge ahead if there is interest in preserving the living conditions on the planet, is one: look for "fit" economic activity within the ecosystem boundaries.
Many wall street people routinely talk about US Treasury bond interest swap spreads having gone below actual US Treasury bond yields, what that means and what they plan to do (e.g. evacuate, take their Gulfstream jets with their second passports to their villas and penthouses in other countries); but the corporate media in the USA
Detroit and Puerto Rico have only just begun the debt bombs bursting in the USA, the USA's slow motion economic collapse. Besides city, county and state collapses, there will also be school debt collapses, hospital debt collapses, government authority debt collapses, individual bankruptcies and finally the nationwide debt collapse of the USA
Iran is an interesting country, because this is the only highly developed, high-tech country of the Islamic world. In all other countries of the Islamic world, even if they have ultramodern industry, they have achieved it with someone else's help. Iran has achieved everything alone. In some areas, Iran is a big player
How much gold does the Federal Reserve Bank of the US in Fort Knox have? Only auditors know the answer to this question. However, the amount of gold in the bank has been decreasing steadily, because foreign central banks currently tend to withdraw the gold reserves that they have been keeping there for many decades
Xingu Indians win autonomy to place organic products on the Brazilian table. Small farmers are allowed to organise themselves to self-certify their products and deliver different, organic and high-quality products to consumers in Brazil, today and tomorrow who knows?
A few days ago, it became known that Russia's largest airline, Aeroflot, was going to purchase Transaero, a large privately-owned airline, for the symbolic price of only one ruble. Why is Transaero losing its business? Transaero employs more than 11,000 highly qualified specialists. As a result of the deal, Aeroflot will acquire a financial burden
New conclusions undertaken in research by the Pan-African consulting house Djembe Communications and Forbes Insights are to be presented in the coming months after a study involving four thousand people from Angola, Ghana, Mozambique and Nigeria was carried out on Entrepreneurship in Africa. The African project is alive.
Vladimir Putin and his Venezuelan counterpart Nicolas Maduro have agreed on a series of initiatives to stabilize the oil market. The price of a barrel of oil should not be less than $70. Can Russia and Venezuela bring oil prices back to normal? Do the two countries have any levers of influence on world prices on oil?
There is a vast literature revealing the financial links between the Saudi royal family and the US oil companies. This proximity, according to these same sources, finds in the Bush family its main support. The journalist Craig Unger in his book "The Petroleum Families", illustrating this friendship between the two families, reveals...
SAO PAULO - The organization in Lisbon in June, of the first forum organized by the Union of Exporters of the Community of Portuguese Speaking Countries (CPLP) marked the birth of a common market that, despite all the difficulties that arise to make it viable, emerges as the third largest block the economic level, taking into account the Gross...