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The already rising U.S. food prices are set to soar, as U.S. agriculture deteriorates. The impact of the drought on the California 'fruit & veg bowl' (the nation's largest) and on the Texas cattle herd (also the largest) is obvious and worsening...

April 17th, 2014 • 3:53 PM

The latest official statistics released by Eurostat indicate that the real unemployment rate in 2013 continued to soar across the region, as a direct result of the austerity policies imposed by the Troika (the IMF, the ECB, and the European Union)...

April 16th, 2014 • 2:10 PM

At the opening ceremony of the Donors Conference for the Revitalization of Lake Chad, Friday in Bologna, Italy, organizer Romano Prodi (former UN Envoy for the Sahel) was asked by Flavio Tabanelli for EIR why he is not pushing Transaqua, the project for a major water transfer and transport/energy infrastructure from the Congo Basin, an idea developed by an Italian firm over 30 years ago.

April 6th, 2014 • 9:22 AM

"Are your deposits safe in banks? No," he writes.

April 5th, 2014 • 8:59 AM

With a vote in the European Parliament two days ago, the final seal has been put to the bail-in legislation and the Bank Resolution Mechanism for the European Union. Now the legal text must be put into practice, and it will take almost 400 separate technical standards, says the Financial Times.

April 17th, 2014 • 10:20 AM

There's hardly a crime Barack Obama is committing which was not initiated, if on a smaller scale, by Dick Cheney. One key example, of many, is fracking.

April 13th, 2014 • 11:28 AM

Andrew Haldane, the Bank of England's financial stability head, who supports a return to Glass-Steagall, warned in a speech at the London Business School that the $87 trillion fund management business is now a major risk for the entire financial system.

April 7th, 2014 • 9:25 AM

One in three children in Greece is at risk of poverty or social expulsion, according to a new report released by UNICEF on "State of Children in Greece 2014." The reports states that 686,000 children, or 35.4% of the children in Greece, are living in poverty; 292,000 children live in households with no working adults and have no access to the health care system.

April 5th, 2014 • 9:12 AM