The Belorussian government says it will be moving in 20,000 Chinese workers into the city of Smalyavichy. “Currently, there are 136 people. In total, we issued 6663 permits to Chinese workers. According to preliminary estimates, the construction requires about 20 thousand [Chinese] workers.” said Alexei Begun, Head of the Department for Citizenship and Migration, according to KP.by. There are... 

Greek Deputy Finance Minister Nadia Valavani has resigned ahead of the key vote in the Greek parliament on a third bailout agreed between Prime Minister Alexis Tsipras and the country’s creditors. She described the deal as Greek agony. “Alexis, I am ready to serve in any capacity to the end during challenges. However, when our delegation returned with liabilities that are ‘stillborn measures’... 

It appears that the threat of an epic financial and economic disaster is not only real, but moving full steam ahead right before our eyes. Over the last six years Michael Snyder of The Economic Collapse Blog has published over one-thousand research papers, articles and reports detailing the financial, economic and monetary crises sweeping the world. While he has often urged his readers to prepare... 

European creditors have agreed on a deal with Greece, but the existence of the political union in its previous form is out of the question. The EU will split, and the final break is only a matter of time, DWN wrote. Many international observers called the recent EU summit a “humiliation of the Greeks.” The talks which were the longest in the history of the Union diminished all values for which... 

Numerous surveys conducted by American sociologists and analysts demonstrate declining confidence of US citizens to their authorities and federal structures. In addition, many Americans say that they are not confident of their future either. According to Atlantico publication, France, the roots of the problem lie in American history, and one has to analyze the subconscious belief of the United States... 

The Bulgarian journalists have reckoned how much is an average country citizen poorer than that of a neighbouring Greece. It turned out, that average income of the Greeks have been 3,5 times higher against that of the Bulgarians for some years. In 2013, for example, an average annual income of a Greek resident made up €8,879, that is 17,366 Bulagarian Leva. An average Bulgarian citizen got only... 

To download this show in Mp3 format: click here. Summary: Economist and best-selling author Harry S. Dent Jr., returns with comments on the latest Grexit drama, noting a default is imminent. A bankruptcy will benefit the nation as forced fiscal responsibility curtails government profligacy. The only country to effectively ameliorate the debt problem is Iceland, which defaulted on foreign debt shielding... 

World’s software giant, Microsoft, says it is planning to cut about 8,000 jobs while reorganizing its Windows Phone unit, which is facing fierce competition in global mobile market. The move to cut 7,800 jobs, which was announced on Wednesday, represents the company’s second major round of layoffs in a year. Microsoft also slashed about 18,000 jobs a year ago in a bid to integrate the Nokia handset... 

Despite vocal criticism, the EU Parliament has approved a non-binding resolution on the controversial Transatlantic Trade and Investment Partnership, bridging a gap in protracted negotiations on the secretive trade pact between the EU and the US. The resolution was approved by the majority of the parliament with 436 ‘Yes’ votes coming up against 241 ‘No’ votes in Strasbourg... 

Chinese stock indexes rebounded Thursday. The Shanghai Composite added about 6 percent after the securities regulator made a bold move and stopped shareholders with more than a five percent stake in a listed company selling their stocks for six months. The Shanghai Composite Index closed 5.8 percent higher on Thursday and in Hong Kong the Hang Seng China Enterprises Index saw its biggest rise since... 

The Greek debt crisis, the expected lifting of sanctions on Iran and oil and stock market volatility will dominate the agenda of the BRICS summit which is opening today in Russia. During their two-day meeting in Ufa, the leaders of Brazil, Russia, India, China and South Africa will discuss closer industrial, technological and financial integration of their countries within the five-nation bloc. The... 

Russian President Vladimir Putin has assured Greeks that he will support them in the financial hardships they face after the Greek people overwhelmingly voted “No” to further restricting terms of an international bailout program. In a phone conversation on Monday, Putin discussed the results of a Sunday referendum with Greek Prime Minister Alexis Tsipras, voicing his support for the Greek... 

Finance Minister Schäuble earlier asserted that the Greek crisis will have no serious consequences for the federal budget. However, President of the German Federal Bank Jens Weidmann views the situation in a different way. Greece’s withdrawal from the Eurozone is likely to create huge ‘holes’ in the federal budget planned by German Finance Minister Wolfgang Schäuble (CDU). Last Wednesday,... 

More than 61 percent of Greeks have voted “No” in Sunday’s referendum on the bailout deal and austerity measures, reported the Interior Ministry after almost 90 percent of the vote had been counted. Thousands of people took to Syntagma square in front of the Greek parliament in Athens to celebrate the ‘No’ vote, which was called “a big Yes to democratic Europe” by the country’s finance... 

German Finance Ministry spokesman Martin Jaeger. Germany has ruled out any restructuring of Greece’s debt to international creditors, despite a report by the International Monetary Fund (IMF) which shows the cash-strapped country is in dire need of debt cancellation. An analysis by the IMF, which was released in Washington on Thursday, showed that Greece needed an extra EUR 50 billion (USD 56 billion)...