World News

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Prime Minister of Iceland forced out over Panama Papers connection

Thousands of protestors packed the square outside Gunnlaugsson's office and coated the windows with thrown yogurt.

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Puerto Rico petition for bankruptcy struck down by Appeals Court

Puerto Rico is unable to pay back its $72 billion dollar deficit and announced that the island's economy is on the verge of collapse.

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Argentina, UN approve a radical move on the “vulture capitalists”

The actions came as a sequel to a long running controversy over the efforts of U.S. hedge funds to make a large profit at the expense of the Argentine people.

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Future of the BRICS

The BRICS group created a Shanghai-based development bank and a reserve fund to finance infrastructure projects and head off future economic crises.

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Maduro: Brics summit will change the world order

Brics creating a development bank with $100 billion starting capital using local currencies instead of U.S. dollar.

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Unions organize historic event on Cyprus

The big event was held in the capital city of Lefkosia (Nicosia) and attracted a massive turnout from the populace, especially labor.

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Greek unions hold 24-hour general strike against austerity

Transport grinds to a halt and schools close as thousands march through Athens in protest.

 

 

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Butcher or hero? Ariel Sharon leaves harsh legacy

Former Israeli Prime Minister Ariel Sharon, a polarizing figure, died Saturday at age 85 after eight years in a coma.

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Nowadays it doesn't take tanks to overrun Europe

Because Germany has the biggest economy in the EU, and is at the center of a "core" of wealthy nations that also use the Euro - France, Austria, and the Netherlands - Berlin largely calls the shots.

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Cyprus “blackmailed” by European Union

The countries of the European south, Greece in particular, have suffered due to the world crisis of capital. The crisis has now turned on the Mediterranean nation of Cyprus with a vengeance.

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