Economy

Greece develops cashless, Euro-free currency in tight economy
realnews.today
In recent weeks, Theodoros Mavridis has bought fresh eggs, tsipourou (the local brandy: beware), fruit, olives, olive oil, jam, and soap. He has also had some legal advice, and enjoyed the services of an accountant to help fill in his tax return. None of ...[Read more]
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With one and a half million American children now homeless, reporter Hilary Andersson meets the school pupils who go hungry in the richest country on Earth in this BBC panorama. From those living in the storm drains under Las Vegas to the tent cities now ...[Read more]
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Greece on the breadline: the children of Athens too hungry to do PE
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In a perfect example of citizens paying the price for the excesses of the wealthy, greek students are undernourished to attend physical education classes because they cant get enough breakfast. Since the government has initiated austerity measures pushed ...[Read more]
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320 RESIGNATIONS FROM WORLD BANKS, INVESTMENT HOUSES, MONEY FUNDS SINCE LAST YEAR
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Since last september, over 320 top level directors, executives, chairmen and ceos have resigned from major financial institutions, including central banks, major international banks, investment funds, and other financial entities. The list is huge, with m ...[Read more]
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5 Ways Wall Street Is Putting the Squeeze on American Students | Education | AlterNet
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The damage to our educational infrastructure is growing, according to Catherine Rampell's chilling report in the New York Times. As state funding has dwindled, public colleges have raised tuition and are now resorting to even more desperate measures ...[Read more]
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3-billion sink into poverty as
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...[Read more]
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The Clash for the Cash: CEO vs. Average Joe | Canadian Centre for Policy Alternatives
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Curious web app counts the increasing disparage in between the pay of an average citizen and of a ceo over time. The counter is real time, and also has some statistics regarding recent history, with visual representation of the disparage. ...[Read more]
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The Four Companies That Control the 147 Companies That Own Everything
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Study finds that four companies control the 147 other companies that practically control everything through conglomerate holdings and stake holders. ...[Read more]
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3.5 Million Homeless and 18.5 Million Vacant Homes in the US | Occupy America
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In the last few days, the U.S. government census figures have revealed that 1 in 2 Americans have fallen into poverty or are struggling to live on low incomes. And we know that the financial hardships faced by our neighbors, colleagues, and others in our ...[Read more]
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‘Dismal’ prospects: 1 in 2 Americans are now poor or low income
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Squeezed by rising living costs, a record number of Americans ...[Read more]
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Federal Reserve Gave Banks $13 Billion loans without telling Congress
realnews.today
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. It turns out federal reserve has given banks $13 billion in loans ...[Read more]
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