The 34 p.c unemployment price projected by Goldman Sachs for the US economic system appears correct to former Wall Road stockbroker Max Keiser. He informed RT that the rolling monetary catastrophe will proceed till the Fed is shut down. ...

Debt issues. In Washington’s swamp, nobody CARES about debt. Huge authorities has turn out to be extra hooked on debt than drug addicts to a pipe stuffed with crack. ...

The US Senate and the White Home have reached an settlement on a $ 2 trillion aid plan to buffer the financial system as fears of a deep international recession proceed to mount amid the coronavirus outbreak. ...

The coronavirus pandemic has popped a quadrillion-dollar monetary bubble and we will anticipate a really deep and extended interval of adjustment, RT's veteran enterprise commentator Max Keiser believes. ...

The general price ticket of the fiscal stimulus package deal within the US may very well be round one trillion . With document finances deficits and its nationwide debt at $ 23 trillion, is the US hastening towards a fiscal reckoning? ...

Lebanon’s PM Hassan Diab has introduced his nation is unable to pay the $ 1.2 billion Eurobond due on March 9 and can default for the primary time. This comes amid a authorities disaster and forex plummeting by 40 %. ...

Islamabad has repaid Moscow the $ 93.5 million (Rs 1,442 billion) debt pending because the collapse of the Soviet Union. The difficulty was a serious hurdle in boosting the nation's commerce ties with Russia. ...

Central banks all over the world will proceed printing cash so long as it’s obligatory, says legendary investor Jim Rogers, calling it “insanity.” ...

Providing some aid from the impeachment spectacle grinding on in Washington, Senator Rand Paul has launched his yearly “Festivus Report,” chronicling the outrageous – however typically comical – spending habits of the US authorities. ...

Russia's holdings of US securities as of September stood at $ 10.75 billion, latest knowledge from the US Treasury Division reveals. Moscow's complete is only a fraction of what small states, just like the Cayman Islands and Luxemburg, maintain. ...