Scheme would allow government to confiscate money at will. Bill Gates is now promoting “digital currency” in third-world countries, which will make the poor even more dependent on central banks while also turning them into guinea pigs for the development of a “cashless society” in the U.S. and Europe. Gates outlined his plan for a cashless society in a letter published Thursday in which he... 

The Ukrainian national flag waves in front of the country’s central bank building. Head of Ukraine’s central bank says the country’s economy has shrunk by 7.5 percent as inflation soared in 2014, making it the worst year in over half a century. Valeria Gontareva said on Tuesday that the annual inflation rate hit 21 percent by the end of last month and the country’s currency was devalued by... 

The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances. The figure was part of the endorsed 2015 budget, which was made public in a statement read out on state-run television on Thursday. The estimated trade deficit will be Saudi Arabia’s... 

Italian police have used tear gas and water cannon to disperse thousands of anti-austerity protesters in Naples, where the European Central Bank (ECB) was holding a monthly policy meeting. An estimated 4,000 anti-austerity demonstrators took to the streets of Naples on Thursday, carrying placards with caricatures of German Chancellor Angela Merkel amid tight security in the whereabouts of the ECB... 

The International Monetary Fund has approved a two-year $17.1 billion loan package for Ukraine. The immediate disbursement of $3.2 billion will allow Ukraine to avoid a potential debt default. The IMF’s 24-member board agreed to the two-year program to aid Ukraine’s troubled economy on Wednesday. The approval gives the green light for the immediate release of $3.2 billion to Ukraine, which will... 

IMF boss recycles scary mantra used in 2008 to bailout too big too fail banksters. IMF boss Christine Lagarde has recycled the bankster mantra as the globalists push for a bailout of Ukraine. “Geopolitical tensions” in Ukraine “could cloud the global economic outlook” and “could have broader spill over implications,” she told an audience at the Johns Hopkins University School of Advanced... 

Greek protesters shout slogans during a demonstration outside the parliament in Athens on March 30, 2014. Thousands of people in Greece have held a protest rally outside the parliament in the capital Athens against government’s austerity measures. Over 12,000 people rallied in the capital on Sunday ahead of the parliament vote on a bill for fresh international loans. Lawmakers are expected to approve... 

Despite the fact that the weakening of the ruble has been predicted since late 2013, the rapid devaluation of the Russian currency is now associated with political instability in Ukraine. Pravda.Ru asked experts whether the Ukrainian revolution and instability adversely affected the ruble and whether we should fear further deterioration of the situation in Ukraine. Since the beginning of the year... 

Tough austerity measures imposed by the Greek government have inflicted major damage to the health of the Greek population, leaving nearly one million of the country’s most vulnerable people without access to healthcare. As a result of a six percent cap on health spending imposed by the so-called Troika as part of austerity measures forced on the country, the Greek public hospital budget was cut... 

Over the last decade, America has quietly expanded its military presence throughout Africa in an attempt to counter Chinese and other emerging nations’ influence, while consolidating control over critical strategic resources and trade routes. The United States, like its allies Britain and France, has long maintained influence and indirect control in Africa through financial institutions such as... 

Greek farmers have taken to the streets of Athens to protest a controversial property tax demanded by the country’s international creditors, Press TV reports. Several hundred farmers marched through the capital on Friday towards the parliament building in Syntagma Square, carrying banners reading “Not one euro for the fields.” The demonstrators threw oranges at riot police who hindered them... 

Spaniards wait in line at a government employment office in the Madrid suburb of Santa Eugenia. Spain’s National Statistics Institute (INE) says the country’s population is shrinking at an accelerating pace amid soaring unemployment. The INE said on Tuesday that nearly 260,000 people moved from the crisis-hit country in the first half of 2013, while only 134,312 migrated to the country. This left... 

Brazil has called an unscheduled meeting of the International Monetary Fund (IMF) over reports of the US National Security Agency (NSA) spying on the financial institution. ON Wednesday, Brazil’s IMF representative, Paulo Nogueira Batista, called on the IMF executive board to convene to ask for explanations on the reported NSA espionage. The official declined to divulge what was said at the meeting,... 

Prices of goods in Greece, from milk and bread to medicine have fallen by 2.0 percent in October, and are now at their lowest since 1962. Only the price of alcohol and tobacco increased in the last year. Consumer prices in Greece plummeted 2.0 percent year-on-year in October 2013, according to a report by Greece’s Hellenic Statistical Authority on Friday. In its sixth year of deep recession, unemployment... 

More than 10,000 Greek workers have taken to the streets in the capital to protest against the government’s austerity measures, as inspectors of the troika of international lenders are in Athens to review the country’s bailout. Some 12,000 people participated in two separate marches to parliament on Wednesday in Athens. Similar protests were also held in the country’s second largest city,...