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Financial collapse causing rising credit card debt across U.S.March 27, 2013 By Andrew Moran Leave a CommentThe Federal Reserve Bank of New York issued a new report that highlights credit card debt rising across the United States, according to apress release. The report noted that in the third quarter of 2012, overall debt in the U.S. rose $74 billion, while $2 billion of that..

Is It Time to End Deposit Insurance?Deposit Insurance Encourages Bank Misdeeds and Investor Apathylike +15 (-10) dislike Comments (0)By Briton Ryle Wednesday, March 27th, 2013 Sometime around 1829, a man named Joshua Forman wrote: “Banks constitute a system, being peculiarly sensitive to one another’s operations, and not a mere aggregate of free agents.” In the simplest ..

Economic Integration: Towards a North America – EU Transatlantic Free Trade ZoneFinal Push for a Canada-EU CETA and the Coming NAFTA-EU Free Trade ZoneBy Dana GabrielGlobal Research, March 26, 2013beyourownleader.blogspot.caRegion: Canada, Europe, USATheme: Global Economy 40 10 1 128 Pressure is mounting on Canada to finish up a long-delayed trade deal with the EU. Despi..

Every Big Economic Collapse Has a First Domino When will the dominoes begin to tumble, or has it already begun? By Bob Stokes Tue, 26 Mar 2013 16:45:00 ETGet investable insights sent to your inbox at least once a week – for free. Challenge the way you think about investing with The EWI Independent.PRIVACY You've probably seen video clips of the annual Domino Day competit..

Report slams French taxes, regulations for killing one million jobsMarch 26, 2013 By Andrew Moran Leave a CommentA new report by the think-tank Concorde has found that the high number of tax hikes and the vast employment regulations imposed over the years has led France to lose approximately one million jobs. The repressive tax policies have prompted entrepreneurs, businesses ..

The attack on public education in Chicago25 March 2013The announcement of plans in Chicago, Illinois to shut down 61 elementary and middle schools marks a new stage in the assault on public education and the social counterrevolution in America. The WSWS needs your support!Your donations go directly to financing, improving, and expanding the web site. DONATEIt is the largest si..

Corporate elite presses Australian government to accelerate pro-business restructuringBy Patrick O’Connor 25 March 2013In the wake of last week’s failed leadership challenge against Prime Minister Julia Gillard, the Australian corporate and media elite has promoted the call by several of her Labor caucus opponents for a return to the economic “reform” tradition of the ..

yprus imposes ATM withdrawal limit of €100 per day for island's two largest banksGet short URLPublished time: March 24, 2013 16:42 Edited time: March 25, 2013 07:50People queue outside a Laiki (Popular) Bank branch in the Cypriot capital Nicosia to withdraw money from an ATM cash machine.(AFP Photo /Patrick Baz)Share on TumblrTags Banking, Budget, Conflict, Crisis,Curren..

Chicago announces plans to shut 61 public schoolsBy Shane Feratu 23 March 2013In the face of mass opposition, the city of Chicago, Illinois announced plans to close 61 public schools after the close of the school year, affecting 30,000 students. About one thousand teaching positions will be moved or eliminated. The closure of 13 percent of public schools amounts to one of the ..

Eurozone finance ministers approve bailout deal for CyprusGet short URLPublished time: March 25, 2013 00:28 Edited time: March 25, 2013 08:09French minister of Economy, Finances and Foreign Trade Pierre Moscovici (R) and International Monetary Fund chief Christine Lagarde (L) chat next to EU Commissioner for Economic and Monetary Affairs Olli Rehn (C) prior to an extraordinary..