Banks in Cyprus will remain closed until Tuesday as the country tries to avert financial meltdown after rejecting the terms of a controversial bailout, turning instead to Russia fo[...]
Cyprus is to receive a €10 billion (£8.7 billion) bail-out from the eurozone to recapitalise its ailing banking system in return for a series of drastic measures which will hit the[...]
In a globally unique policy, the Reserve Bank of Australia will supply banks with a permanent bailout facility worth up to $380 billion by 2015. The policy has been designed by the[...]
The US$105 billion of British taxpayer money used to bail out the Royal Bank of Scotland and Lloyds at the peak of the banking crisis may never be recouped, a parliamentary committ[...]
Here are a few interesting tidbits to chew on: 1) In the land of the free, there are now more than 760 incarcerated inmates for every 100,000 citizens. This is more than 5x the 198[...]
Come November, the American people will be faced with two distinct options; reelect President Barack Obama or vote for Mitt Romney. The liberal Democrat and the Republican conserva[...]
Thousands have taken to the streets throughout Greece to protest the drastic budget cuts proposed by the government. Minor scuffles with riot police took place in Thessaloniki afte[...]
Senator Ron Paul has introduced the Federal Reserve Transparency Act of 2012 (HR459) to the upset of Ben Bernanke, Chairman of the Federal Reserve Bank. In August, the House of Rep[...]
Gold, silver, platinum and palladium have all recently moved up in price, with platinum, silver and gold leading the complex. Below are 15 reasons why. Gold is teasing the $1700 ps[...]
If you are looking for opinions on the current state of the country, former TARP Inspector General Neil Barofsky is opening up about what he thinks of America. And, if you ask him,[...]