The International Monetary Fund (IMF) has given the green light to release $4.7 billion for Argentina in a move tied to a comprehensive debt restructuring strategy, despite the nation falling short of benchmarks related to its $43 billion loan initiative. This decision was made public on Wednesday. Argentina is grappling with a profound economic crisis, considered the most severe in two decades. The... 

More evidence Congress is a subsidiary of Wall Street and the banks. On Friday Michael Krieger, the editor of Liberty Blitzkrieg, wrote about a behind the scenes effort by banksters to include a provision in government funding legislation that would make the Federal Deposit Corporation responsible for financial derivatives losses. Last October, Krieger wrote about a similar push to put American taxpayers... 

Cyprus will offer citizenship to foreigners who lost at least €3 million in state banks under the bailout deal, the country’s president has announced. The new measure, to a great extent affecting Russians, is expected to be approved on Monday. In remarks to Russian businessmen and media in the city of Limassol, President Nicos Anastasiades stated that his cabinet is seeking to approve the relaxation... 

Cypriot President Nicos Anastasiades Cypriot President Nicos Anastasiades says no one, not even members of his own family, will be immune to investigations of alleged financial wrongdoing in the run-up to an international bailout deal. Anastasiades made the remarks on Monday evening in reaction to reports accusing his relatives of transferring millions of euros out of the island state to London. A... 

Provisional figures released by Greece’s national statistics authority have shown the country’s deficit and public debt for 2011 are worse than estimated. According to provisional data published by ELSTAT statistics agency on Monday, the 2011 deficit stood at 9.4 percent of gross domestic product and the public debt at 170.6 percent. “The revisions as regards the debt ratios are primarily... 

Euro zone finance ministers want a clear cut answer from Spain whether it will seek financial support after Madrid’s borrowing costs sharply lowered following the European Central Bank decision to buy bonds last week. Will Spain ask for its bailout, so that the ECB’s unlimited bond buying project can be launched? This question has recently been number 1 in Europe. The ECB has made it clear... 

The Federal Reserved reached into public funds — about $1.2 trillion — to help bail out banks during the 2008 financial crisis, a new report reveals. A Freedom of Information Act request put together by Bloomberg has allowed for the hard numbers to finally be made available to the public about the loans the Fed dished out to keep financial firms afloat in the midst of an economic collapse. The... 

The cost of a decision last week to allow globalist vultures to metaphorically hog-tie Greece while the EU and IMF commences a good old fashioned economic pillaging of her state assets is a total evisceration of the country’s sovereignty, according to Eurogroup chief Jean-Claude Juncker. “The sovereignty of Greece will be massively limited,” Juncker told Germany’s Focus magazine, adding that... 

Counting the cost: Britain's £1trillion National Debt means it will pay interest of nearly £120million a day - more than the government spends on defence. Britain’s government debt smashed through £1 trillion ($1.59 trillion) for the first time yesterday – a staggering £40,000 per household. Campaigners branded the milestone ‘terrifying’ and warned that taxpayers will have to foot the...