Somalia's giant economic strides, secures $1.4 bn debt cancellation
The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of 1.4 billion U.S. dollars. Somalia … source
Gambia’s external debt [Business on The Morning Call]
The Gambian Finance Minister, Amadou Sanneh has estimated that the debt of the West African nation that represents nearly 120 % of the country’s GDP was … source
Mozambique turns to China for financial aid
After western powers, the International Monetary Fund (IMF) and World Bank recently suspended financial aid to Mozambique, the country has now turned to … source
Farage: EU wants to steal money from Cypriots bank accounts
Taking the bailout model to extremes – the EU has given Cyprus an ultimatum – either force savers to save banks, or go bankrupt. United Kingdom Independence Party MEP Nigel…
Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’
Thousands of Cypriots are celebrating, after the country’s Parliament gave a resounding no vote to the EU-IMF bailout package. The move could have seen the government take up to 10%…
French rich fume as Hollande sets ‘toughest budget in 30 years’
The French cabinet has approved the country’s toughest budget in decades. Included are promises to tax the rich and cut public spending. But the people are growing alarmed by increasing…
Keiser Report: Deadly Deflation (E390)
In this episode, Max Keiser and Stacy Herbert discuss the butch welfare Queens in Virginia, Maryland and DC who rely on the ‘untouchable’ Pentagon budget. They also discuss the US…
Farage: PR against online critics makes EU no better than a banana republic
“The words ‘legal’ and ‘European Union’ don’t fit together. Nothing matters here, there are no rules” – says the UK Independence Party’s Nigel Farage of the European Parliament’s plan to…
‘EU onion peeled again by German bank slash’
Germany says it should move towards a political union in Europe – even if some states are reluctant to do the same. The country’s chancellor Angela Merkel has signaled that…
Keiser Report: TINA’s Big Black Hole (E375)
In this episode, Max Keiser and Stacy Herbert investigate the black hole of debt sucking in our economies, jobs and wealth like strings of spaghetti past the economic event horizon.…