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September 10, 2015

Archives:

14 Year Old Child Bride Facing Death Penalty for Murdering Husband -

Saturday, November 29, 2014

BREAKING: New Coal Disaster In West Virginia -

Tuesday, February 11, 2014

U.S. Hostage Freed by Colombia’s FARC Rebels (Video) -

Monday, October 28, 2013

Here’s Why The Zimmerman Verdict Matters -

Sunday, July 14, 2013

BREAKING! UK Government Spied On Allies At TWO G20 Summits (Video) -

Sunday, June 16, 2013

Swiss Support Tougher Asylum Legislation as Refugee Numbers Spike -

Monday, June 10, 2013

American Woman Killed in Syria Fighting for Terrorists, Syrian TV Claims (Video) -

Friday, May 31, 2013

CO2 in the Air Reached its Highest Level in Human History -

Friday, May 10, 2013

Terms of the New Abortion Bill Agreed by Irish Cabinet -

Wednesday, May 1, 2013

Boston In Lockdown As Manhunt Intensifies -

Friday, April 19, 2013

2 Dead, Dozens Injured After Boston Marathon Bombing -

Monday, April 15, 2013

Fast Food Workers in New York Stage Surprise Strike -

Saturday, April 6, 2013

N. Korean Rhetoric Provokes Missile Shield Deployment -

Wednesday, April 3, 2013

Eyewitness Accounts from Meiktila Massacre -

Wednesday, April 3, 2013

Sudan to Free All Political Prisoners -

Monday, April 1, 2013

A New Free Press In Burma Juxtaposed With Genocide: The World Will Be Watching -

Friday, March 29, 2013

Pressure Builds to End Ethnic Violence in Myanmar -

Friday, March 29, 2013

Activists Demand Action As Further Genocide Looms -

Tuesday, March 26, 2013

Cyprus Reaches Last-Minute Bailout Deal With EU -

Monday, March 25, 2013

Myanmar Muslims Brace for Possible Genocide -

Sunday, March 24, 2013

Syriza and Podemos: From austerity to equality. Will they make it?

Check Out Politics Progressive Podcasts at Blog Talk Radio with newmercurymedia on BlogTalkRadio with NewMercuryMedia on BlogTalkRadio

What really happened in Greece and Spain? Will Syriza and Podemos be able to bring economic and social stability to their countries? Listen to our editor Emine’s interview with Progressive News Network to learn more about the Eurozone crisis and the new emerging parties of the EU.

Unemployment Decreased Slightly, Fewer New Jobs Created than Forecasted: Is the Worst Still to Come?

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The U.S. Department of Labor reported on Friday April 5th that the unemployment percentage  was down to 7.6 percent. Only 88,000 jobs were added to the economy in March. Economists had predicted close to 200,000 new jobs would be created for the month. This is before the effects of the Federal Budget cuts, also known as austerity measures, go into place. These budget cuts will have extreme negative effects in US economy as witnessed in Europe, country after country. The first wave of budget cuts will put many Federal employees out of work; it will also cause a decrease in…

What Does the Future Hold for Syria?

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The civil war in Syria continues to drag on tragically, nearing its third year. With thousands of lives lost and at least one million refugees fleeing to neighboring countries, Syria is no longer a viable country. There are common electricity outages, food shortages, half of the buildings destroyed, including many hospitals, massive dislocation of its population-internally and externally, and a civilian death toll of over 70,000, which continues to increase. One of the hardest hit cities has been Aleppo, the largest in Syria. Being a major battleground for both sides since the outset of the war, it continues to struggle…

Cypriot ‘Haircut’ Rattles International Community

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Cypriots with €100,000 euros or more in their accounts, will soon start feeling the pinch from coming bank levies, required under Cyprus’ new bailout restructuring plans. Once finalized, all depositors with accounts containing over €100,000 euros will find themselves subject to the “haircut,” with 22.5% of their account holdings being “taxed” to make up the down payment on the bailout. An additional 37.5% will be frozen for what E.U. and Cypriot officials are calling “liquidity reasons,” however unlike the previous “taxed” amount, these frozen assets will earn interest to the tune of ten percent, so long as the banks in question…

China’s Takeover of South America

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According to China Times Magazine, China will replace the European Union as South America’s most important trading partner by 2015. Currently, Asia accounts for more than 25% of South America’s total trade. With poverty levels dropping to their lowest in 20 years in the region, Latin America is fast becoming an open market for both investors and consumers. As Europe and USA battle with political and economic turmoil, they are falling behind in taking advantage of South America’s ongoing development. In addition, China’s swift industrial growth is causing the country to be in a perpetual quest for natural resources such…

Cyprus Reaches Last-Minute Bailout Deal With EU

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Struggling European Union member country Cyprus reached a last-minute deal on Monday morning with the international lenders, to shut down its second-largest bank in return for a €10 billion ($13 billion) bailout. Critics say the deal would inflict heavy losses on uninsured depositors that include a large number of wealthy Russians. After charged negotiations between the Cyprus President Nicos Anastasiades and the heads of the European Union, the International Monetary Fund (IMF) and the European Central Bank, an agreement emerged to avert a collapse of the banking system – hours before the deadline. This agreement is aimed at preventing the…

Cyprus Crisis Deepens as the Country Rejects Bailout

cyprus no - Getty Images Huffington Post

The Cypriot Parliament has voted unanimously to reject the negotiated E.U. bailout package, offered last week. The vote, cast yesterday at 4 p.m. GMT (11 a.m EST,) was taken by hand, with 36 voting against the measure, 19 abstaining and none voting in favor. The widely unpopular bailout proposal, which included a 10% levy or “haircut,” on deposits nationwide, led to long lines at ATMs nationwide, while also inspiring protests throughout the country.. News of the decision has sent shock waves through the already troubled European Union as worries over a possible collapse of the Cypriot financial sector troubled their…

Cyprus Bailout: Banks Relieved, Cypriots Squeezed

An image from Cyprus.com, initially saved with the caption "economic freedom."

In the latest of the E.U. financial crises, the island nation of Cyprus has had a EuroZone bailout “successfully negotiated” on its behalf. However Cypriots themselves, as well as the members of the Parliament are less than pleased. The Eurozone bailout package, agreed upon today in Brussels between Eurogroup ministers and IMF officials, has in addition to the typical austerity measures demanded of nations accepting bailout money, such as deficit reduction and higher taxes, comes with another condition. Requiring a 9.9% deposit levy on all Cypriot bank accounts to stave off outright national bankruptcy, the deal is a first of…

US Fiscal Debate Could Learn From Norway

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Written by Mark Provost Guest Author If Washington sincerely wants to reduce the budget deficit and national debt while protecting the broader economy, it should learn from other nations which have succeeded. One country stands out: Norway. Norway has the largest budget surpluses in the developed world, no net national debt, citizens enjoy a robust safety net, and unemployment is below 3%. (1) (2) What is Norway’s secret, other than refusing to join the European Union? Before the discovery of off-shore oil in the late 60s, Norway’s lackluster economy earned the nickname ‘Europe’s ugly duckling’. But Norway’s subsequent success has…