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Study shows Palestinian economic collapseWorld Bank warns of long-term damage to economic competitiveness AFPPublished: 13:18 March 12, 2013 Share on facebookShare on linkedinShare on twitterShare on emailMore Sharing Services0Occupied Jerusalem: Israeli restrictions and closures coupled with the worsening fiscal situation of the Palestinian Authority (PA) is causing “lastin..

How would you describe an industry that wants to put more Americans in prison and keep them there longer so that it can make more money? In America today, approximately 130,000 people are locked up in private prisons that are being run by for-profit companies, and that number is growing very rapidly. Overall, the U.S. has approximately 25 percent of the entire global prison po..

Wall Street turns profit in student loan debtBy Nancy Hanover 11 March 2013For the one in five Americans with student loan debt, it is a hellish nightmare. To others, it is an investment opportunity. Last week’s news on student loans provided a glimpse on both sides of this growing divide. The WSWS needs your support!Your donations go directly to financing, improving, and ex..

New record: 15 percent of Americans on food stampsPublished time: March 11, 2013 20:38Joe Raedle / Getty Images / AFPShare on TumblrTags Austerity, Politics, USAGovernment dependability is continuing to rise, with a record-breaking number of Americans enrolled to receive food stamps. The latest USDA report shows that 47.8 million Americans, which make up 15 percent of the coun..

UK government lays out agenda for National Health Service privatisationBy Julie Hyland 11 March 2013Plans for the wholesale privatisation of the National Health Service (NHS) were laid bare in statutory regulations published by the Department of Health. The regulations, which are currently going through the House of Lords, relate to the Health and Social Care Act that came int..

Looming anarchy, economic collapseMONDAY, MARCH 11, 2013 - 18:31by Washington PostIT’S not hard for outsiders to discern what Egypt’s leaders must do to avoid a looming economic collapse and the even more frightening risk of anarchy. First, they must quickly come to terms with the International Monetary Fund (IMF), with which they have been dickering for months over the te..

Federal Reserve’s QE programs increase billionaires, widening gap between rich and poorMarch 11, 2013 By Andrew Moran Leave a CommentDuring the 2012 presidential campaign, neither President Barack Obamanor Republican nominee Mitt Romney mentioned the Federal Reserve, its low interest rates and the policy of quantitative easing. Perhaps the two men didn’t address the topic ..

Economic Collapse 101: Ten Ways to Prepare for the UnknownLen Penzo, Len Penzo dot Com | Mar. 11, 2013, 3:15 AM | 25 | inShareEmailMore Len PenzoEmail | URLLen Penzo writes off-beat finance advice for responsible people. Recent PostsBlack Coffee: The Economy (and the Fine Line Between Puppy and Dog...9 Careless Mistakes That Cost Me Too Much Money100 Words On: Why You’re Bet..