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The Job Loss Recovery

British Airways to cut extra 1,200 jobs amid losses GM plans to cut 10,000 Opel jobsDaimler aims to cut 1,000 jobs at...

Reality: Global economy has no substitute for falling dollar

Let’s see. The Chinese are cross because the falling dollar means the stacks of American IOUs they have in their...

Recession Will Be 'Full-Blown Depression': Strategist

This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday,...



•  Gold: What's REALLY Behind the Record Rise, Bull or Bubble?

When prices in a financial market go from Sea Level to Outer Space in a relatively brief time, two scenarios are at work -- and they both start with the letters “B-U.” When a precious...

•  UK: State pension age should be 70, say bosses

The state pension age should rise to 70 as soon as "reasonably practical", company directors argued today. The Institute of Directors called for a "radical reform" of both the state and private...

•  A second Great Depression is still possible

Over the past year the global economy has experienced a massive contraction, the deepest since the Great Depression of the 1930s. But this spring, economists started talking of “green...

•  FRANCE: No Improvement Expected In Global Economy - Carrefour CEO

Lars Olofsson, CEO of Carrefour, has said he does not expect any major improvement in the world economy in the near future. Talking to the Wall Street Journal, Olofsson noted, “I don't see any...

•  Reality: Is There Really a Global 'Cabal' Aiming to Dump the Dollar?

Comment (an opinion): If you think the dollar is going to hell in a handbasket soon, you are in for a surprise.  All these stories about the dollar just about to collapse are nothing but...

•  Economic Shocks: Census Data Show Recession-Driven Changes

A smaller share of Americans married, drove to work alone, owned their own home or moved to a new residence last year than the year before. More lived in overcrowded housing. Property values...

•  U.S. Controlled IMF To Be Everybody's Central Bank?

The International Monetary Fund pitched its case Friday for becoming a global central bank, a function that would require a hefty capital injection but could help even out imbalanced and...

•  CAUTION: Stock Market Crash /Collapse Dead Ahead Say Faber, Rogers, Dent and Celente

After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in...

•  G-7 May Break With Currency Tradition and NOT release a statement on the global economy and currencies

Group of Seven finance officials meet this weekend in Istanbul debating whether to surrender the weapon that helped shape currency markets for three decades. One week after the Group of 20 anointed...

•  Amid Surging Gold Prices, Silver Quietly Shines

Though the yellow metal has captured much of the limelight amid its recent run past $1,000 an ounce, silver has quietly enjoyed its own bull market. The metal is up about 47% so far this year,...

•  What If Everyone in the World Wanted a 1-ounce Gold Coin?

If we’re right about where the price of gold is headed, the general public will someday clamor to buy all things gold. While gold stocks will be where the real leverage is, the rush will start...

•  I’m not a doom-and-gloomer, just a realist: The Global Financial Crisis Is Not Over

Excerpt: I’m not a doom-and-gloomer, just a realist. I’ve tried to find more palatable conclusions that are factually and logically robust, but there are none anywhere. I have young kids...

•  We Are in a Toilet-Shaped Recovery: Roche (video included)

Analysts have described the U.S. economic recovery in many shapes and sizes, be it L-shaped, W-shaped, or even shaped like the Nike swoosh symbol. But David Roche, global strategist at Independent...

•  Gold Price Suppression: IMF to sell 403 tons of gold to boost lending to poor

The IMF said in a statement the sales would be ‘in a volume strictly limited to 403.3 metric tons, with these sales to be conducted under modalities that safeguard against disruption of the...

 

 

   
   

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