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Bankrupting the kingdom: Is Saudi Arabia facing a pending economic collapse?
In October 2015 the International Monetary Fund released a report mapping Saudi Arabia’s economic future, or rather, its downturn. While the kingdom remains one of the richest countries in the world...
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Bleak US future in light of affordable housing crisis
Minimum-wage employees who work full-time shifts in all US states including the capital Washington D.C. are not able to easily afford a roof over their, in light of minimum wages that can get as low...
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BDS victory: US church puts 5 banks from Israel on a blacklist
A pension fund of a large American church decided to boycott 5 Israeli banks that help finance settlement construction on what is considered as the illegally occupied Palestinian territories. The...
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Richest 1% will own us, Oxfam report points to disaster
The rich are getting richer, the poor are getting poorer, and none of this is a net positive for humanity. Ahead of the World Economic Forum meeting in Davos, Oxfam cautioned “The combined wealth of...
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France in an "economic emergency," Hollande pledges reform
In his annual speech to France’s business leaders, president Francois Hollande pledged a €2 billion ($2.2 billion) job creation plan, the purpose of which will be to carry France out of a state of...
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With student loan debt ballooning, Americans are looking for ways out
According to Marketwatch, America’s student debt grows by $2,726 every second. Their website even has a student loan debt calculator that makes steady, glitchy jumps. At last check, it was a cool...
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Billionaire is baffled by Americans' hope for an economic "revolution"
The 46th World Economic Forum at the Swiss ski resort of Davos has wrapped up, with representatives of some 100 countries including the leaders of 40 states gathering to discuss pressing international...
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A conversation on equality, integration and Islam as a religious marker
“Muslim communities are not like others in Britain and the country should accept they will never integrate,” Trevor Phillips, the former head of the equalities watchdog said at the Policy Exchange...
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Goldman Sachs analysts say finance giant may need to question capitalism
The world financial markets are too often held hostage by corporate interests—the revolving door allows lobbyists to continue writing laws, the proliferation of global trading treaties like NAFTA or...
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$470 mil HSBC settlement, but no one is in jail
Banking giant HSBC has reached a settlement with the Federal government and most U.S. states for their part in the 2008 financial crisis—the largest such economic downturn since the Great Depression....
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Russia & Iran sign documents guaranteeing $2.2 billion line of credit
As the European Union and United States reel back sanctions on Iran in accordance with the Joint Comprehensive Plan of Action and the International Atomic Energy Agency’s certification that Iran has...
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Sanctions made Iran resilient to low oil price: Moody Investors Service
The international sanctions that were imposed against Iran over three decades appeared to have benefitted its economy, especially that the isolation policy forced Tehran to adapt to low oil prices...
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Puerto Rico's solvency: a serious question, according to gov. figures
Structural reforms will be necessary if Puerto Rico is to stave off a severe debt crisis, a point that was reiterated on Tuesday, after the release of long-delayed financial data from fiscal year...
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U.S. administrations failed Black Americans even under Obama's Presidency
This series examining the history of black people in the United States isn’t one in which the usual writings focusing on slavery, the civil rights movement, and the present state of black America....
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Defense One: Saudi Arabia coming apart
The price of loyalties is rising in Saudi Arabia as the kingdom becomes increasingly unable to afford the costs, an omen of dire ramifications for the kingdom’s internal stability, a Defense One...
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"Do things not to or for the neighborhood, but with it," advice for Detroit's...
Detroit’s slow revival has become a thoroughly top-down venture. The new downtown nightlife, hip restaurants and elegant lofts are a sure sign of new investment in the once bustling Midwestern city....
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Breaking the Camel’s back - Saudi Arabia is hurting financially
Truth be told Saudi Arabia might not be as financially viable as its royal highnesses’ lifestyle would like you to think. In fact, while Saudi Royals have continued unabashed to live the lives of...
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Canada failing its people in poverty; UN report pushes reforms
The United Nations Committee on Economic, Social and Cultural Rights (CESCR) released a report on 7 March criticizing Canada for its failure to protect the economic, cultural and social rights of its...
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President Rouhani’s “open-door” economic policy: Recipe for indebtedness,...
A number of commentators have compared President Rouhani’s policies of opening Iran’s markets to Western business with those of China’s Deng Xiaoping following the death of Mao Zedong some four...
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Is Star Trek's Utopia Achievable?
All fans of science fiction are familiar with Star Trek. It is an iconic science fiction show that spans five TV series (a sixth series will debut in 2017), one animated series, and a number of films...
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