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Feared Collapse Of United States And Saudi Arabia In 2016 Cause Russian Dread

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A highly disturbing Security Council (SCRF) report circulating in the Kremlin today is warning that the coming year, 2016, may very well see the collapse of the governments of the United States and Saudi Arabia as the citizens in both of these nations have begun revolting against the massive corruption these regimes rule by—and which should they both collapse would launch upon the entire world an... 

Chinese stock markets halted after tumbling 7% in 1st 2016 session, dragging Europe down

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Trading was suspended on Chinese markets after stocks tumbled 7 percent in the first trading of the year, triggering the new “circuit breaker” system limiting volatility, which was introduced in December. The fall from Asia led to a slump in European stocks as well. The 15-minute suspension happened about 90 minutes before market’s regular closure and followed a brief 15-minute halt early in... 

Ukrainian farmers hold mass protest against government agricultural cuts

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Activists who think that Ukraine’s 2016 budget screams death to the agricultural sector have brought a dead pig in a coffin to the Verkhovna Rada building in Kiev and held a mock funeral ceremony. The angry protesting farmers and their supporters demand to keep a simplified tax system and special VAT rules for the agricultural sector in 2016, something the announced budget lacks as Ukraine has to... 

Ukraine Officially Declares Default

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Ukrainian Prime Minister Arseny Yatsenyuk declared a moratorium on the payment of three-billion-dollar debt to Russia. The Cabinet of Ministers of Ukraine supported his decision. In addition, the official Kiev is not going to pay the debt of $507 million to Russian banks (the debt was amassed by two Ukrainian companies that collaborated with Russian banks). “From today, all payments shall be... 

Brazil's inflation at 12-year high

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Brazil’s inflation climbed above 10 percent in November reaching the highest level in 12 years. Brazil’s inflation climbed above 10 percent in November reaching the highest level in 12 years, the government announced on Wednesday. Consumer prices over the past month stood at 10.48 percent – a figure that was above expectations and could force tighter monetary policy despite a severe recession. The... 

American Millennials 'Lose Hope in American Dream'

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Startup culture and the “sharing economy” could be replacing the traditional American Dream of freedom of lifestyle choice and the ability to own a home, according to a new survey paralleling research conducted in 1986. Young white Americans have become as hopeless regarding the “American Dream” as their non-white counterparts, according to a poll conducted among US 18 to 34-year-olds,... 

Number of homeless rises in America to more than half a million, especially in New York

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About 565,000 people were homeless in the United States, according to a one-night federal survey. While this is a two percent drop from 2014, major cities like New York, Seattle and Los Angeles continue to battle rising homelessness. The US Department of Housing and Urban Development’s 2015 Annual Homeless Assessment Report to Congress found that of the 565,000 homeless counted during a point-in-time... 

47 million Americans live in poverty right now

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The middle class in America has been disappearing because of the rapid increase in the cost of living in the United States. Indeed, the cost of living in the United States (food, rent, medical insurance and so on) has been growing rapidly. On the federal level, the poverty threshold for a family of five makes up $28,410, although 51% of all American workers make less than $ 30,000 a year at the moment. In... 

US Leading World Towards Global Economic Crisis - Ron Paul

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Dr. Ron Paul: “Unless this system is changed, America, and the world, will soon experience a major economic crisis. It is time to finally audit, then end, the Fed.” Dr. Ron Paul, the former congressman and US presidential candidate, says unless the United States shuts down the Federal Reserve System – the US central bank known as “the Fed” – the world will experience a major... 

US public debt 3 Times the size of officially declared - $65 Trillion

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The real amount of the US public debt, with due regard to all unfunded liabilities of the country now stands at around 65 trillion dollars, instead of the publicly stated 18.5 trillion, The Hill reports with reference to the former head of the Accounting Chamber of the United States David Walker. According to him, the officially declared amount should take account of unsecured civilian and military... 

IMF Warns Saudi Arabia May Go Bankrupt by 2020

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Saudi Arabia may go bankrupt within the next five years if the government maintains its current spending habits, the International Monetary Fund said in a report Wednesday. Saudi authorities are already planning spending cuts as the world’s biggest oil exporter seeks to cut its budget deficit created by the drop in crude prices. Saudi officials have repeatedly said that the kingdom’s economy... 

Global Trade Is Collapsing As The Worldwide Economic Recession Deepens

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When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down. It is just basic economics. Governments around the world have become very adept at manipulating other measures of economic activity such as GDP, but the trade numbers... 

Youth homelessness surging in UK

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A new report suggests that youth homelessness in the UK is more than eight times higher than the official figures. A new report suggests that youth homelessness in the UK is more than eight times higher than the official figures. The report has been published by Centrepoint – the UK’s leading charity for homeless young people. It says some 136,000 young people aged between 16 and 24, sought... 

102.6 Million Working Age Americans Do Not Have A Job

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The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to the economy. If that was actually true, that would barely be enough to keep up with population growth. Sadly, the truth is that the real numbers were actually far worse... 

UK's National Health Service on brink of collapse

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The UK’s former health minister, Norman Lamb. Britain’s former health minister warns the UK’s National Health Service (NHS) will crash, unless instant cash is injected into the healthcare system. Norman Lamb says the NHS will crash within two years with catastrophic consequences unless the government orders a multibillion pound cash injection. The stark warning comes amid mounting fears among... 
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