axis

Economy
  • Silla Brush , The Hill

    Labor unions are flexing their muscle this month in scores of protests against the country's largest banks, which are lobbying heavily to influence financial overhaul legislation. Unions will hold roughly 200 events by March 26 aimed at Bank of America, Citigroup, Goldman Sachs, J.P. Morgan Chase, Morgan Stanley and Wells... » read this article
  • Mike Whitney , Smirking Chimp

    Housing is on the rocks and prices are headed lower. That's not the consensus view, but it's a reasonably safe assumption. Master illusionist Ben Bernanke managed to engineer a modest 7-month uptick in sales, but the fairydust will wear off later this month when the Fed stops purchasing mortgage-backed securities... » read this article
  • Barry Grey , WSWS

    18 March 2010 The past week has seen a marked intensification of the steady drumbeat of threats and provocations against China that has characterized the policy of the Obama administration since last September. That month, the White House signed an order imposing punitive tariffs on Chinese tire imports. This was... » read this article
  • Special Report with Editorial Comment by Arturo Rosales , Venezuelan National Statistics Office

    Editorial comment by Arturo Rosales: The basic information outlined below is what readers abroad will rarely see in the corporate media. From the BBC to CNN, FOX and the floundering big city newspapers. If such media ever did publish this information it would be an admission that Chávez’ economic policies... » read this article
  • WLWT News, Cincinnatti , News Report

    Man Says Actions Intended To Send Message To Banks Moscow, Ohio- Like many people, Terry Hoskins has had troubles with his bank. But his solution to foreclosure might be unique. Hoskins said he's been in a struggle with RiverHills Bank over his Clermont County home for nearly a decade, a... » read this article
  • Peter Schwarz , WSWS

    Editor's comment: The EU attack on Greece, now underway, is a prime example of how national borders and sovereignty have been erased by the European Union. Greece joined the European Union and on January 1, 1981 and surrendered its currency, drachmas, for the euro on January 1, 2001. According to... » read this article
  • Dale Wetzel , Common Dreams/AP

    It has no automatic tellers or drive-up windows, doesn't issue credit cards, and tends only a few thousand checking and savings accounts. Its only location is a glass, steamboat-shaped headquarters near the Missouri River, where the business moved from its original 1919 home in a former auto assembly plant. The... » read this article
  • Louise Story, Landon Thomas Jr, and Nelson D. Schwartz , New York Times

    Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts. As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the... » read this article
  • Patrick Martin , WSWS

    2 February 2010 The Obama administration’s budget for the 2011 fiscal year, unveiled Monday, projects massive US government deficits for the next decade, fueled by gargantuan military spending and the impact of the financial and economic crisis of American and world capitalism. The US national debt is projected to more... » read this article
  • David Reilly , Bloomberg

    The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after... » read this article
  • John Bellamy Foster , Dandelion Salad

    Professor of sociology and editor of Monthly Review, John Bellamy Foster, talks about the triple crises facing the people of the United State today in the economy, the environment, and in the imperial wars and occupations in Iraq, Afghanistan and beyond.              John Bellamy Foster: The Crisis of Capital:... » read this article
  • Lee Sustar , Socialist Worker

    THE TIMING couldn't have been better for the Financial Crisis Inquiry Commission, which held its first public hearings on January 13-14. With their top employees set to enjoy huge bonuses thanks to taxpayer bailouts, the CEOs of the country's big banks should have been in the hot seat for their... » read this article
  • John Roberts , WSWS

    12 January 2010 A Free Trade Agreement (FTA) between the Association of South East Asian Nations (ASEAN) and China came into effect on New Year’s Day, creating the world’s third largest free trade bloc behind the European Union (EU) and the North American Free Trade Association (NAFTA). While limited in... » read this article
<< prev next >>

World News
  • Venezuela inks energy and trade accord with Belarus
    Venezuela and Belarus strengthened energy and trade co-operation on Wednesday, with President Hugo Chavez saying that the two allies are seeking to increase their independence from the US and other imperialist states. At a meeting...
  • The Growing Movement for Publicly Owned Banks
    We the people have given away our sovereign money-creating power to private, for-profit lending institutions, which have used it to siphon wealth from the productive economy. Some states are moving to take that power back....
AxisofLogic.com© 2003-2010
Fair Use Notice  |   Axis Mission  |  About us  |   Letters/Articles to Editor  | Article Submissions |   Subscribe to Ezine   | RSS Feed  |