Tag Archives: bailout

Italy’s Monti warns Europe of ‘psychological break-up’

BBC News Italy’s Prime Minister Mario Monti has warned of a “psychological break-up” of Europe that must be contained. In an interview with Germany’s der Spiegel magazine on Sunday, he said the eurozone crisis was creating national resentments that could … Continue reading

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‘IMF, WB continue to ignore emerging countries’

Press TV An economist says the IMF and World Bank use their limited funds to bailout European countries while “there aren’t the funds available to invest in the developed world.” The leaders of the BRICS nations – Brazil, Russia, China, … Continue reading

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Banks Repaid Bailout With Other Government Cash

TruthDig Sure, Washington used taxpayer money to prop up the banks that played a crucial role in wrecking the economy. But at least the government turned a profit on the bailout, right? Not exactly. According to a Government Accountability Office … Continue reading

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Euro bailout – an animated explanation

Source: The Guardian Are you confused about what the Euro bailout actually is? So were we! Tom Meltzer tries to explain with the help of his animated friends …

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Brutal bank crackdown but crooks go free

Source: Market Watch It had to be a case of mistaken identity. Protesters had been swarming Wall Street and Lower Manhattan for a week. There were at least six arrests the first day Occupy Wall Street camped out and chanted … Continue reading

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