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Andy Dean Debates CNN’s Ali Velshi Over The Upcoming Sequester Cuts

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Andy debates Ali Velshi, CNN’s Chief Business Correspondent, about the sequester cuts. From the nationally syndicated program “America Now” with Andy Dean.

UK Suffers Credit Rating Downgrade

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The rating agency, Moody’s, handed the UK a Credit Rating Downgrade from triple A down a peg to Aa1. Investors responded by pushing the British pound $1.5073 against the dollar, the lowest level since July of 2010. Britain’s lackluster economy…

Just In Case, Gold Currency

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There has been a growing unease regarding the once mighty U.S. dollar. So much so that a few states, Utah, Minnesota, Tennessee, Iowa, South Carolina, North Carolina, Georgia, among others and now Virginia, are at various stages of exploring the…

Schiff: Markets Will React Big When Reality Sets In

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Peter Schiff discusses markets and gold valuation, and makes salient points regarding inflation, the real estate bubble, and markets being blindsided.

Unemployment Could be a Thing of the Future

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In the opinion of Lombard Street Research, a leading provider of independent macroeconomic research located in London, New York and Hong Kong, a depressing 8 percent Unemployment rate could lie in our future like an explosive mine floating in the…

PIIGS Faces Winter of Discontent: Goldman Sachs

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The peripheral countries of Europe could face another “Winter of Discontent” due to high rise of unemployment rate, said Goldman Sachs analysts. According to a report by Goldman Sachs released on Friday, “The recent sharp rise in unemployment rates in…

US Treasury Running Short of Funds to Meet Obligations beyond February 14

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The ongoing fiscal crisis in the US is likely to worsen soon with the treasury expected to run out of funds soon. The US treasury is expected to face great difficulties in meeting its obligations from around the Valentine’s Day,…

US Mint Suspends Sale of 2013 American Eagle Silver Coins after Stocks Run Out

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Soaring demand for the 2013 American Eagle Silver coins has forced the US mint to suspend the sale of these coins. The US mint had to take this decision after it ran out of its stock for the newly minted…

Unemployment Hits a Record High in Euro Zone

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Unemployment in the 17-nation euro zone hits a record high of in November, according to data released on Tuesday. The newly released data also revealed that Spain has the highest unemployment rate of nearly 27 percent in the European Union.…

Sudden fall in UK Services Sector Activity Increases the Risk of Recession

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UK service sector shrank for the first time in two years in December, suggesting that the country’s economy may re-enter recession. According to Markit Economics and the Chartered Institute of Purchasing and Supply, Britain’s service sector activity shrank from 50.2…

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