Economy

U.S. Standard of Living Has Fallen More Than 50%
realnews.today
Jeff Nielson examines the recent statistics in a simple and understandable manner, and portrays an easy to understand picture about the state of economy : "In writing about the relentless collapse of Western economies, I frequently point to "40 years of ...[Read more]
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Corruption Responsible for
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Last year, a new company called Lightsquared promised an innovative business model that would dramatically lower cell phone costs and improve the quality of service, threatening the incumbent phone operators like AT&T and Verizon. Lightsquared used a new ...[Read more]
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realnews.today
US pharmaceutical companies get creative when it comes to disorders and drugs to treat almost anything, from canine depression to female sexual dysfunction. The American drug trade is a multi-billion-dollar business, and is only getting bigger. Meanwhile ...[Read more]
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BBC2 documentary examines a possible fictional scenario in the wake of oil supply running out, after explaining that oil supply running out is not a theory or a risk, but an eventual reality which will happen into the next decades in an inevitable fashion ...[Read more]
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The Rich Get Even Richer – New York Times
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NEW statistics show an ever-more-startling divergence between the fortunes of the wealthy and everybody else ...[Read more]
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Worldwide Banking Resignations Triple According to Revised Numbers: Why Now?
realnews.today
"On March 6, 2012, I wrote an article entitled ...[Read more]
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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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realnews.today
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
realnews.today
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
realnews.today
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
realnews.today
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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