Saturday, 6 June , 2020

Great Depression

IMF: Global economy faces worst recession since the Great Depression –...

By Graeme Wearden and Jasper Jolly Tue 14 Apr 2020 Closing summary: World economy braces for depression The International Monetary Fund today warned that the world...

ILO report: Global youth unemployment to rise for first time in...

The number of unemployed young people worldwide between the ages of 15 and 24 will rise to 71 million this year, increasing for the first time since 2013. This is the news from the annual World Employment and Social Outlook report released this week by the International Labour Organization (ILO)

Goldman Sachs – in the center of World Power (a classic...

The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.