Economy Archives February 2013

Archives January 2013 →

The Genetically Modified Seed Monopoly

How biotechnology companies monopolize seed markets, escalate seed prices, and eliminate farmer choice

More Austerity as a “Solution” to Austerity?

As the economy shows signs of recession, the leeches return. Alan Simpson and Erskine Bowles have issued a new report calling for even deeper austerity. It is not what the economy needs as it stagnates and sputters toward a possible new collapse. Their report combined with President Obama’s State of the Union, the sequestration and Republican dogma are all combining to bring on another round of budget cuts, which will only make recession more likely.

European bureaucrats take a haircut after budgetary negotiations

European officials are preparing to apply extreme cuts to their budgets beginning next year. The budget negotiations held last week resulted in a reduction in administrative costs, slightly more than the latest estimates, although lower than what had been proposed by British Prime Minister, David Cameron.

Venezuela devalues its currency by nearly half

Venezuela’s government announced Friday that it is devaluing the country’s currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy.

Rich European nations meet to plot against the poor

In the twentieth century, political Summits were seen as meetings to achieve common ground for the benefit of one or two nations. Then came globalism, a movement that intended to transform the world into one slave system governed by the fewest people possible. Summits turned into opportunities to confabulate against those who were not aligned.

Argentina freezes food prices to avoid higher inflation and mass hunger

Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation. The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine market, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported.

European stock markets lower amid Spain tension

European stock markets fell and the euro dropped versus the dollar on Monday as traders banked recent profits amid political tensions in Spain and ahead of regional interest rate decisions due this week.London’s FTSE 100 index of top companies …

Archives January 2013 →

We encourage readers to keep their comments civil and to use their freedom of speech to help the debate by providing their take on the issues or challenging anything they do not agree with by presenting alternative views and information.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s