A homeless sleeps at the entrance of a bank in Milan, Italy on June 27, 2013. Recent figures released by the Eurostat data agency show the eurozone unemployment rate has hit its previous record-high of 12.1 percent in May. According to the data, the jobless rate rose 0.1 percentage in May after the previous months’ figures were amended down from 12.2 percent to 12.0 percent. Approximately 19.22... 

Public service workers in Portugal have engaged in a general strike to protest government austerity measures that have led to the nation’s worst economic slump since the 1970’s. The Thursday protest effort, which was called by Portuguese trade unions, began peacefully although it brought the nation’s public transport system to a halt, prompting anger and despair among those who decided to go... 

There’s a video making the rounds in the ‘Liberty,’ ‘Libertarian,’ and ‘Freedom’ circles that asks ‘what if’ Superman was a member of a union? Would the ‘Man of Steel’ ever be able to save people if he were tied down by the socialist conspiracy of unions? The message of the video is, ‘No.’ ‘Man of Steel’ is a good place to start unpacking some of the faulty assumptions... 

Why investors are sometimes misled? Perhaps, the goal is to further scare and disorient the investment funds and individuals so that they quickly get rid of their gold (and earlier – silver) because the gold has allegedly lost its former appeal and reliability, and stock quotes have sharply declined. Likely, someone needed them to fall. Where else if not at the George Soros exchange various... 

A trade union representative gives a speech in Brussels, Belgium, against austerity policies on March 14, 2013. Thousands of Europeans have staged a rally near the European Union (EU) headquarters in Brussels to protest against anti-austerity measures. About 15,000 protesters and trade union representatives from Belgium, Britain, France, Germany and other European Union countries gathered in the Belgium... 

Michelle Obama recently revealed that she and President Obama don’t give Christmas gifts to each other. They merely say, “We’re in Hawaii,” and that’s Christmas gift enough. But actually the present is from taxpayers, and it’s an expensive one. The total cost to taxpayers of Obama’s vacations to Hawaii since becoming president is likely in excess of $20 million, and possibly much, much... 

After Republicans dropped their demands for additional spending cuts the House approved legislation meant to avert the ‘fiscal cliff’. The representatives lined up 257 to 167 in favor of the bill. ­Earlier, the House Republicans expressed their opposition to the measure to avert the ‘fiscal cliff’ in its current form. GOP leaders were considering an amendment that would add some $330 million... 

A private investigator hired by a client who did not believe the official report into Whitney Houston’s death claims a drug overdose wasn’t the cause of the superstar’s death. According to Paul Huebl, drug dealers killed the Grammy-winning singer. ­“I have evidence that points to Whitney being a victim of high powered drug dealers who sent thugs to collect a huge debt she owed for drugs,”... 

American CEOs call the Congress to ‘stabilize the debt’ Chief executives of more than 80 major US corporations, including Aetna, Goldman Sachs, Macy’s and Boeing are joining forces to pressure Congress to bring down the federal deficit by raising taxes and cutting spending. ­The CEOs call on the policymakers to prepare a fiscal plan that would “stabilize the debt as a share of the... 

When global freight transportation collapsed to record lows in July of this year most analysts wrote it off as an anomaly. In September, when one of the largest retail shipping companies in the world warned of weakening global economic conditions and announced they would slash thousands of jobs, financial markets barely even noticed. Last week, Google, the largest small business advertising platform... 

An analyst says people across the European Union countries must fight against the global banking cartel, which is controlling economies all over the world, Press TV reports. “The competitiveness is they control the system and the people in these nations they fight over the scraps. It’s ridiculous,” said Chris Dorsey, an economist and banking analyst, in a Monday interview with Press TV. “I... 

The EU and Spain are trying to come to terms over a rescue plan for the debt ridden European economy. The government remains unwilling to apply for international aid, but analysts say asking for a bailout is essential. A new Spanish rescue programme to be announced next Thursday will be focused on the measures international lenders would ask in return for a bailout. As the ECB money always comes with... 

Russia and North Korea signed an agreement to settle the debt of $11 billion. 90 percent of the debt is forgiven, and the remaining amount will be used in exchange for aid. Russia made it clear that it was ready for partnership. But will the courage of Moscow return North Korea into the ranks of the allies? The DPRK debts stem from the loans granted by the former Soviet Union, said Deputy Finance... 

Portuguese protesters hold banners with anti-government policy messages during a protest against austerity measures, on the day of the general strike, in Lisbon on November 24, 2011. Portugal’s main trade union, the General Confederation of Portuguese Workers (CGTP), has fiercely condemned as a “declaration of war against workers” a new set of austerity measures introduced by the government... 

A migrant holds his papers ready for the ID-check, which has been instigated following an estimated 100,000 illegal immigrants slipping into Greece each year. Greek authorities have this week begun one of the country’s biggest crackdowns yet on illegal immigrants; they have so far deployed some 4,500 police around Athens and have detained more than 7,000 immigrants in less than 72 hours, the...