Economics, money, trade, business and spending

The US Dollar and Bretton Woods are Finished: The BRICS/SCO Summits in Ufa Mark the Start of a “Silk World Order”

Welcome to the Silk World Order

Greek banks face closures, bailout or not

Closed since Monday, some Greek banks may never reopen

Greece And The EU Situation

Paul Craig Roberts explains why Greece is now unlikely to leave the European Unuin

SYRIZA Forces Demand "Requisitioning" of Greek Central Bank

SYRIZA Forces Demand “Requisitioning” of Greek Central Bank

According to Webster Tarpley, elements within Greece’s ruling SYRIZA Party are calling for national emergency power to be invoked to seize the Greek central bank

Varoufakis. Click to enlarge

Syriza — Playing a Double Game on Greece?

Yanis Varoufakis’ doubtful resume raises suspicion that Syriza has lead Greece down a path to suicide

Greeks Reject Demands for More Austerity in Key Referendum

Greeks Reject Demands for More Austerity in Key Referendum

Greeks overwhelmingly reject demands for more austerity in return for more loans

Guess What Happened The Last Time The Chinese Stock Market Crashed Like This?

Guess What Happened The Last Time The Chinese Stock Market Crashed Like This?

Another sign that a U.S. stock market crash is imminent?

The Greek Crisis Awaits Other NATO Partners

The current face-off with Russia is a win-win situation for Washington. On the one hand Moscow is increasingly isolated. On the other, the military-industrial behemoth’s profits are surging with increased arms sales. Finian Cunningham explains

The Care and Feeding of a Financial Black Hole

If the black hole does succeed in sucking in Greece, then which country is next? Will it be Italy, Spain or Portugal? And, as that process continues, at what point will enough people say that enough is enough?

7 Key Events That Are Going To Happen By The End Of September

We are about to see a remarkable confluence of economic, political and spiritual events coming together during the second half of 2015

Wave of contagion expected after dramatic weekend raises “Grexit” chances

The European Central Bank on Sunday capped the amount of emergency financing for Greek banks, which are expected to remain closed Monday and most of the week

Greek Film Shows Way Out of Debt Bind

Greek Film Shows Way Out of Debt Bind

An important reminder that Greece’s capitulation is neither necessary nor ethical

'It's time to hold physical cash,' says one of Britain's most senior fund managers

‘It’s time to hold physical cash,’ says one of Britain’s most senior fund managers

One of Britain’s most senior fund managers has warned that, in addition to gold and silver, investors should keep some ready cash to hand

A painter waits for customers in a square in central Athens. click to enlarge

Greek Central Bank Challenges Government on Bailout Talks

Greek central bank, at odds with government over its failure to reach agreement with international creditors, warn Greece could face financial catastrophe

Grexit beckons: Greece on brink of euro exit as it faces economic meltdown

Athens could be forced out by Germany after politicians warn ‘enough is enough’ as Greece lurches towards default on €1.5bn debt

‘You’re Fired – Now Train Your Much Cheaper Foreign Replacement’

How much damage has to be done before people will finally start waking up?

Iceland Recovering Fastest in Europe After Jailing Bankers Instead of Bailing them Out

Iceland is on track to become the first European country that suffered in the financial meltdown to “surpass its pre-crisis peak of economic output”

Iran’s economy poised for growth spurt with or without sanctions over nukes

“The Iranian economy will grow… It’s not going to depend on the lifting of sanctions. It will just grow and develop at a slower pace,” said a managing partner for an Austria-based consulting firm

Russian T-14 Armata tanks on Red Square during the May 9, 2015, Victory Day pardade

Russia steps up military modernization — but at what cost?

Putin’s $400 billion military modernisation program faces problems as Russia’s economy sinks under the weight of Western sanctions and falling oil prices

IMF quits Greek talks; EU tells Tsipras: stop gambling

International Monetary Fund representatives depart negotiations with Greece prompting dire warnings