76% of Americans are living paycheck-to-paycheck … Roughly three-quarters of Americans are living paycheck-to paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday. Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency...Read More
At least 37 miners are dead and many injured after a gold mine collapsed in the Central African Republic.The collapse occurred inside a pit near Ndassima village on Sunday and was caused by heavy rainfall, Reuters reports."The toll of 37 is provisional as there were many injured," said Prosper Ndouba, a spokesman for the president's office.The republic is a major site for diamond and gold projects...Read More
BIS fears fresh bank crisis from global bond spike Soaring bond yields across the world threaten trillion of dollars in losses for investors and a fresh financial crisis unless banks are braced for the shock, the Bank Settlements has warned … Marcus Nunes from the Fundação Getúlio Vargas in São Paulo said the report "reeks of Austrianism", referring to t...Read More
The global middle class awakens … Marko Djurica Alper, a 26-year-old Turkish corporate lawyer, has benefited enormously from Prime Minister Recep Tayyip Erdogan's rule. He is one of millions of young Turks who rode the country's economic boom to a lifestyle his grandparents could scarcely imagine. Yet he loathes Erdogan, participated in the Taksim Square demonstrations and is taking...Read More
Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society. Ellen brilliantly shows how money can be the current or currency that facilitates the spiritual experience of manifesting our collective intentions for a better world. Her book is an absolute game-changer and...Read More
Bitcoin Foundation Receives Cease And Desist Order From California … Directly following last month's Bitcoin 2013 conference event in San Jose, CA that brought decent revenue into the state, California's Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmissi...Read More
Global Surveillance: The Public Must Fight for its Right to Privacy … The British-American surveillance program Tempora marks a historic turning point. Unnoticed by the public, intelligence agencies have pursued total surveillance. Governments have deliberately concealed from the public the extent to which we are being watched. The term, "information superhighway" has always been i...Read More
Viewpoint: The Food Network Should Give Paula Deen Back … Paula Deen grew up in Georgia. In the fifties. Her world was the one depicted in The Help, in which black people's status as lesser beings was casually assumed. So, who is really surprised that she has used the N-word in her life? It would be downright strange if she hadn't, and we can assume the same of pretty much any white...Read More
BIS fears fresh bank crisis from global bond spike Soaring bond yields across the world threaten trillion of dollars in losses for investors and a fresh financial crisis unless banks are braced for the shock, the Bank Settlements has warned … Marcus Nunes from the Fundação Getúlio Vargas in São Paulo said the report "reeks of Austrianism", referring to t...Read More
The global middle class awakens … Marko Djurica Alper, a 26-year-old Turkish corporate lawyer, has benefited enormously from Prime Minister Recep Tayyip Erdogan's rule. He is one of millions of young Turks who rode the country's economic boom to a lifestyle his grandparents could scarcely imagine. Yet he loathes Erdogan, participated in the Taksim Square demonstrations and is taking...Read More
Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society. Ellen brilliantly shows how money can be the current or currency that facilitates the spiritual experience of manifesting our collective intentions for a better world. Her book is an absolute game-changer and...Read More
Bitcoin Foundation Receives Cease And Desist Order From California … Directly following last month's Bitcoin 2013 conference event in San Jose, CA that brought decent revenue into the state, California's Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmissi...Read More
Global Surveillance: The Public Must Fight for its Right to Privacy … The British-American surveillance program Tempora marks a historic turning point. Unnoticed by the public, intelligence agencies have pursued total surveillance. Governments have deliberately concealed from the public the extent to which we are being watched. The term, "information superhighway" has always been i...Read More
Viewpoint: The Food Network Should Give Paula Deen Back … Paula Deen grew up in Georgia. In the fifties. Her world was the one depicted in The Help, in which black people's status as lesser beings was casually assumed. So, who is really surprised that she has used the N-word in her life? It would be downright strange if she hadn't, and we can assume the same of pretty much any white...Read More
Does the HPV vaccine work? … Vaccinating pubescent girls with the Human papillomavirus (HPV) vaccine Gardisil holds no guarantee that they won't get cervical cancer as adults. "It will provide some years of protection from HPV infection, but there is nothing to say that cancers will be prevented." The frightening claim was made by Dr Diane Harper, a well known US researcher and...Read More
Does the HPV vaccine work? … Vaccinating pubescent girls with the Human papillomavirus (HPV) vaccine Gardisil holds no guarantee that they won't get cervical cancer as adults. "It will provide some years of protection from HPV infection, but there is nothing to say that cancers will be prevented." The frightening claim was made by Dr Diane Harper, a well known US researcher and...Read More
Time to sober up as America and China remove punch bowl … The US Federal Reserve has refused to blink. The Chinese central bank has refused to blink. The authorities in the world's two biggest economies appear determined to strike a blow against moral hazard and clear the froth in asset markets, at least until this exhibition of virtue blows up in their faces. The term "Perfect Stor...Read More
Bernanke sets major challenges for his successor … Now comes the hard part. Fed Chairman Ben Bernanke's announcement that if the conditions are right he will wean the U.S. economy off quantitative easing within a year has already caused consternation in the stock market. Pumping money into the system by buying back government bonds at the rate of $85 billion a month has lately done littl...Read More
What Would You Ask Ben Bernanke If You Had the Chance? … So here's the picture: You're sitting in the psychiatrist's chair, legs crossed and notebook ready. Across from you is Ben Bernanke, the chairman of the Federal Reserve and probably the most influential person in the world when it comes to financial markets and the economy. Your mission is to find out what makes him tick, t...Read More
China Money Rates Retreat After PBOC Said to Inject Cash … China's benchmark money-market rates retreated from records after the central bank was said to have made funds available to lenders amid a cash squeeze. The one-day repurchase rate dropped 384 basis points, or 3.84 percentage points, to 7.90 percent as of 9:33 a.m. in Shanghai, according to a weighted average compiled by the Nati...Read More