Civil servants without a salary, pensions cancelled, security and police patrols drastically reduced: these are just some of the effects that the US’ enormous debt is having. After years trying to stay out of the (...) +
Three decades of credit-driven growth comes at a price and the bill has just come in. How can we pay without the whole financial system crashing down on us?
Debt and credit have always been with us, but the world (...) +
Did Goldman Sachs use insider information to profit from the financial crisis? How did a brokerage house, founded in 1869 by a German immigrant, become one of the biggest, most powerful banks in the world?
The (...) +
Iceland is said to have undergone a “silent revolution” since its economy collapsed in 2008. Its response to the financial crisis has become a virtual model for the rest of the world.
One of the ground-breaking (...) +
Last April Cuba approved economic reforms to help the country through its financial crisis and boost productivity. The reforms are being introduced gradually and repercussions in daily life can still be noticed only (...) +
Following several scandals around Europe concerning escort girls and their famous clients some of the girls have achieved a level celebrity that may even surpass that of their clients. We look at the girls such as (...) +
Central Falls, USA is a city suffering badly from the economic crisis. The city is firing employees, closing social centers and the library, and they have lowered the retirement age of firefighters. The American (...) +
In Nevada there are plenty of well established brothels. It is the only state in the US to have legalised prostitution. This industry is surrounded by myths but here we look at the real story, going inside one of (...) +