Categorized By Topic
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IMF Computer System Said to Be Targeted by Foreign Government Cyber-Attack (Michael Riley and Sandrine Rastello)
June 13, 2011 (Bloomberg) -- The data theft from International Monetary Fund computers by hackers said to be linked to a foreign government follows incidents against companies and governments that ...
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'Perfect Storm' May Threaten Global Economy: Roubini (Shamim Adam)
June 12, 2011 (Bloomberg) -- A “perfect storm” of fiscal woe in the United States, a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New ...
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China Ratings House Says US Defaulting On Debt: Report (AFP)
June 10, 2011 (AFP) -- A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house ...
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German Rating Agency Feri Downgrades US Government Bonds: AAA to AA
June 11, 2011 (World News Trust) -- The German credit rating agency Feri lowered its rating on U.S. sovereign debt from AAA to AA. It is the first Western rating agency to downgrade U.S. debt. "Feri ...
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Stocks Fall in Longest Dow Slump Since 2002 (Rita Nazareth and Lu Wang)
June 10, 2011 (Bloomberg) -- U.S. stocks extended a sixth weekly drop, the longest slump for the Dow Jones Industrial Average since 2002, and oil slid, while Treasuries, the dollar and yen rose amid ...
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The Banking Emperor Has No Clothes (Simon Johnson)
Simon Johnson, the former chief economist at the International Monetary Fund, is the co-author of “13 Bankers.” June 9, 2011 (New York Times) -- Treasury Secretary Timothy F. Geitner. in a speech in ...
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A bridge to somewhere (John Michael Greer)
John Michael Greer Jun 8, 2011 (The Archdruid Report) -- Last week’s discussion of the twilight of the electrical grid in an age after abundance turned out to be timely, in an ironic sort of way. ...
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Maiden Lane Sales Trigger Stampede to Dump Risk: Credit Markets (Shannon D. Harrington, Jody Shenn and Sarah Mulholland)
June 9, 2011 (Bloomberg) -- Federal Reserve auctions of mortgage securities that the central bank assumed in the rescue of American International Group Inc. are fueling a selloff in credit markets ...
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One Missile, One Playground: The Will of Gaza (Ramzy Baroud)
Ramzy Baroud -- World News Trust June 8, 2011 -- GAZA -- A “Hamas commander” drove a beat-up gray van in northern Gaza and theatrically spoke on his walkie-talkie as I sat in the passenger seat. The ...
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The Bernanke Scandal: Full-Frontal Cluelessness (Robert Scheer)
June 8, 2011 (TruthDig.com) -- How I wish that Ben Bernanke would get caught emailing photos of his underwear-clad groin. Otherwise we don’t stand a chance of reversing this administration’s ...
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VIDEO: Tax Scandal -- Top 10 Worst Corporate Income Tax Avoiders (Sen. Bernie Sanders)
June 08, 2011 (Information Clearing House) -- Sknt-UBRhxo
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