In the fall of 2007, after two Bear Stearns-owned hedge funds trading in subprime debt suddenly went bankrupt, I sat down with a friend of a friend who worked …
The G20 display a desire to limit the instability of the financial sector. If it succeeds, it will still have to put that sector back to serving the economy. …
Thousands of left-wing activists just spent a week at the US Social Forum in Detroit, gathered again under the banner “Another World is Possible.” Among them hundreds added a …
• A daily summary of global reports on security issues. Thousands of people were praying, dancing, and listening to worship music Thursday night at the shrine to the Sufi …
There's been ripe chortling about the spy network run in the USA by the Russian SVR — successor to the KGB in the area of foreign intelligence. The 11 …
Senate Republicans successfully filibustered a bill Wednesday night that would extend unemployment benefits for two million Americans, according to a report in The Hill. The Senate has adjourned for …
In recent weeks, Washington has provided ample evidence that the fossil fuel industry remains as powerful as ever in the wake of the Gulf Coast apocalypse. Whether it's Louisiana's …
If John Boehner feels like renting a movie this holiday weekend, I suggest he steer clear of the 1954 sci-fi horror flick “Them!” In it, nuclear testing in the …
Adjusting for demographic factors, current labor market downturn steeper than '82-'83 recession. Washington, D.C.- As the nation contends with a long and sustained labor market recession, a new study …