By Michael Snyder Did you know that the UN is planning to launch a “new universal agenda” for humanity in September 2015? That phrase does not come from me – it is actually right in the very first paragraph of the official document that every UN member nation will formally approve at a conference later … Continue reading
Will we soon see World War 3 erupt in the Middle East? By Michael Snyder Even though Barack Obama has made a “peace deal” with Iran, leaders in the region sure are talking a lot about war. And of course this “deal” is on very shaky ground. The Israelis hate it, a significant portion of … Continue reading
The list of nations around the globe that have collapsing economies just continues to grow. By Michael Snyder In recent weeks I have written about the ongoing saga in Greece, the stock market crash in China, the debt crisis in Puerto Rico and the economic meltdown in South America. But there are more economic flashpoints … Continue reading
The statements, views, and opinions expressed in this article are solely those of the author and do not necessarily represent those of EMerging Equity.
“Greece’s economy will barely grow this month, and unemployment will be even higher than previously feared,” The Guardian reports. That’s according to new forecasts from the Organisation for Economic Co-operation and Development this morning. The OECD has adjusted its expectations downwards, given the events of recent months, The Guardian noted. Greece has the highest unemployment … Continue reading
Greece may miss a deadline for a deal with creditors this week, as the parties haven’t made any progress in talks, Bloomberg sources close to the negotiations said, accelerating fears of an Athens default. Greece remains too far from striking a debt deal with its international creditors, unnamed sources who wished to remain anonymous told Bloomberg. … Continue reading
“Now is the moment that negotiations are coming to a head. Now is the moment of truth, on June 5,” Nikos Filis, spokesman for Syriza party’s lawmakers, told ANT1 TV channel yesterday. “If there is no deal by then that will address the current funding problem, they won’t get any money.” In an interview with British … Continue reading
The Greek government says that a “moment of truth” is coming on June 5th. Either their lenders agree to give them more money by that date, or Greece will default on a 300 million euro loan payment to the IMF. By Michael Snyder Of course it won’t technically be a “default” according to IMF rules … Continue reading
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything that … Continue reading