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The last few months have seen a dramatic rise in foreclosure auctions, hitting the Northeastern United States particularly hard, but extending throughout the country. While experts try to explain this as just part of the “messy business of cleaning up the distress” lingering from the 2008 housing bust, the reality is that this offers further evidence that the Obama “recovery” is non-existent. ...

September 15th, 2014 • 10:02 AM

Helga Zepp-LaRouche, in her Sept. 11 webcast on the BüSo website was, asked about the alternative to Western policy that is developing around the BRICS. In her reply, she also went into her impressions of her visit to China in late August-early September.

September 14th, 2014 • 10:18 AM

By a vote of 134 to 99, Argentina's Congress voted into law the bill proposing a new debt swap, which would take place outside of U.S. jurisdiction.

September 12th, 2014 • 8:49 AM

China's manufacturing labor force surged to approximately 105 million workers in 2012, a level so extraordinary that it is seven times larger than that of the United States, the nation with the world's second largest manufacturing workforce.

September 6th, 2014 • 8:42 PM

The NATO-booster organization, the Atlantic Council, was down in the defeatist dumps Friday over the ceasefire in Ukraine, complaining that NATO lost the chance to decisively confront Russia, and that no proposals for significant military assistance to Ukraine came out of the summit, nor any tough sanctions. Putin outmaneuvered them again, they said.

September 6th, 2014 • 8:15 AM

If you want to know what's happening in the trans-Atlantic financial system, definitely don't ask the people who are running it. The Fed has announced the creation of a high-level panel, headed by Fed #2 Stanley Fischer, to monitor financial stability and "avoid the emergence of asset-price bubbles," Bloomberg reports.

September 14th, 2014 • 10:45 AM

The European Council and the U.S. Obama Administration today imposed further sanctions on Russia. The new sanctions target the finance, energy, and defense sectors. The EU restricts three Russian energy companies, Rosneft, Transneft, and Gazprom Neft, from raising long-term debt on European capital markets.

September 12th, 2014 • 9:28 PM

Astronauts, cosmonauts and taikonauts of the world will gather in China from Sept. 10-15, for the 27th international Planetary Congress of the Association of Space Explorers. This is the first time that the 395 members of ASE from 35 nations, all of whom have flown in space, will meet in China, and it will be under the theme of "Cooperation: To Realize Humanity's Space Dream Together," itself a prelude to China's expected invitation to astronauts from around the planet to participate in China's planned space station.

September 6th, 2014 • 8:43 PM

The amount of quantitative easing and other forms of financial "smack" that ECB President Mario Draghi announced this week that he will provide to the desperately addicted European banking system, is "pitifully small and mostly window dressing," Ambrose Evans-Pritchard protested in a Sept. 5 column in the Daily Telegraph. They are "vague gestures and outright gimmicks ... derisory ...

September 6th, 2014 • 12:00 PM