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The European Central Bank’s true priorities

Part 7 in a series of articles by Eric Toussaint - Governments submit to “Too Big to Fail” banks ... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 2)

The European Central Bank and the Federal Reserve are at the service of the major private banks... [read more]

BCE / LTRO: what’s that ?

Part 5 of the series 'Too Big to Fail' by Eric Toussaint... [read more]

Bankocracy: from the Venetian Republic to Mario Draghi and Goldman Sachs

From the 12th century to the beginning of the 14th, the Knights Templar, present in much of Europe, had become the bankers for the powerful and had taken part in the financing of several crusades... [read more]

EU Showdown: Greece Takes on the Vampire Squid

Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken... [read more]

Telling the Players with a Scorecard

How politics is manifested as economics and economics as politics should concern us right now, argues Steven Colatrella.... [read more]

The Final Offensive for the US-Colombia Free Trade Agreement is a Stark Contrast to Other Developments in the Hemisphere

Mario A. Murillo on the contrast between the US client regime in Colombia and the progressive politics of some of Colombia's Latin American neighbours.... [read more]

Colombia’s Double Realities: Threats Against Indigenous Communities Ignored as Calls for a Second Re-election of President Uribe Get Louder

As Colombia's President Uribe continues to target the country's indigenous communities, Mario A. Murillo examines why many Colombians are opposed to Uribe's reactionary government.... [read more]

Why Is the Fed Paying So Much Interest to Banks?

When “Mary Poppins” was made into a movie in 1964, Mr. Banks’ advice to his son was sound. The banks were then paying more than 5% interest on deposits, enough to double young Michael’s investment every 14 years.... [read more]

The Greek Coup: Liquidity as a Weapon of Coercion

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system... [read more]

A Revolutionary Pope Calls for Rethinking the Outdated Criteria That Rule the World

Pope Francis’ revolutionary encyclical addresses not just climate change but the banking crisis... [read more]

The ECB’s Noose Around Greece

Remember when Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks?... [read more]

The Mockery of Banking Discipline

Part 7 of Eric Toussaint series, Banks versus the People: the Underside of a Rigged Game... [read more]

Banks versus the People: the Underside of a Rigged Game (Part 6) - Even the IMF agrees…

In October 2012, the IMF provided a key explanation of why the crisis was getting worse in Europe... [read more]

The Devil’s Playground

The very concept of work, and its application in society, is controlled by those whose policies have been sent straight from hell. outRageous! explains... [read more]

Even devils will fall...

The London Progressive Journal gives its take on current events in the latest fortnightly editorial... [read more]

Reformed Venezuelan Bank Law Separates Banks and Media

Tamara Pearson reports on an important Venezuelan initiative to prevent the corporate media from getting directly involved in the banking and finance industries.... [read more]

Venezuela Captures Two Colombian Intelligence Agents Accused of Spying

James Suggett on how a row over espionage is exacerbating the intense friction between the Chavez government and the US-backed Uribe regime in Colombia.... [read more]

Britain's Secret War in Colombia

As workers and trade unionists continue to be attacked by the Colombian state, Daniel Read looks at the involvement of Britain in assisting in this murderous process. ... [read more]

Venezuela Reiterates Commitment to Multipolar World Following Israeli Accusations

Israeli intelligence is using the relationship between Iran and leftist leaders in Latin America to stoke up fears in relation to Iran's nuclear ambitions, says Tamara Pearson.... [read more]

Anatomy of an Investigation: The Colombian State’s War Against Civil Society

Garry Leech examines how the Colombian governmetn is using anti-terrorism as a pretext for a concerted attack on patently non-violent social organisations.... [read more]

Gaza: Why We Must Act Now

Addressing a Lenasia rally in solidarity with the people of Gaza on 14th January, Zwelinzima Vavi characterised the Israeli government as a racist regime comparable to Apartheid South Africa. ... [read more]

Violent Opposition Student Protests Shut Down Venezuelan City and University

James Suggett on the violent confrontations initiated by anti-Chávez demonstrators in Venezuela.... [read more]

Thirty-Eight Trade Unionists Assassinated in Colombia in 2008

Colombia's state-linked paramilitaries are becoming more efficient in their murderous campaign against the trade unionists. ... [read more]