Archive for February 10th, 2012

FinancialMirror.com 09 February, 2012 Global food prices rose in January for the first time in six months and may show another rise for February, as concern about bad weather in main growing regions boosted grain and vegetable oil values, the United Nations’ food agency said on Thursday. January’s increase was not expected to heap... »

By Con Coughlin TelegraphUK February 9th, 2012 Confirmation that the U.S. and its allies are studying their military options for helping the anti-Assad rebels in Syria is a worrying development on a number of levels, not least of which is the prospect of the West becoming embroiled in a direct confrontation with the Russians.... »

IndependrntUK Friday 10 February 2012 Thousands have taken to the streets of Athens as unions launched a two-day general strike against planned austerity measures. The protests came a day after Greece’s crucial international bailout was put in limbo by its partners in the eurozone. Clashes broke out in Syntagma Square, outside Parliament, as dozens... »

China’s import decline sharper than expected, suggesting that even with holiday factored in, world’s second-largest economy is slowing markedly Guardian.co.uk Friday 10 February China’s trade has suffered its biggest decline in January since the 2008 financial crisis – a new sign of weak global demand and a slowing domestic economy. Exports fell 0.5% from... »

by Tyler Durden ZeroHedge.com 02/10/2012 Recent times have been particularly hard on young adults. As we look around the world at Europe and the Middle-East, it is all too often the youth that are leading the social unrest as they again and again are the hardest hit by the global deleveraging (and admittedly most... »

by Tyler Durden ZeroHedge.com 02/10/2012 As the headlines from Europe become more and more realistic (and ironically more and more Onion-worthy), Reuters notes one of the more interesting examples of just how the Greek people are feeling. The Federation of Greek Police have accused EU/IMF officials, in a formal letter, of “…blackmail, covertly abolishing... »

EndOfTheAmericanDream.com When most people think about America’s debt problem, they think of the debt of the federal government. But that is only part of the story. The sad truth is that debt slavery has become a way of life for tens of millions of American families. Over the past several decades, most Americans have... »