Blog/International News

Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, [...]

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China to Stimulate by Cutting Taxes

China is demonstrating that it is more practical than anyone else in the industrialized world. They have announced that they will “reasonably” set [...]

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The Only Hope to Save Britain?

Landlords are joining together to challenge the Conservative’s (i.e. Tory’s) tax hike by filing a suit in the high court against their tax increase on [...]

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Obamacare Sucking up 10% of People's Income

  The latest studies show that Obamacare is sucking up 10% of people’s income. This is just not sustainable long-term and may not even be sustainable [...]

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Hedge Funds Get It Wrong with Sovereign Loans & Puerto Rico

The seriousness that is emerging in the hedge fund community is their tendency to become VULTURE FUNDS who look to lend money to sovereigns at excessively high [...]

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French Government Creating a War State of Mind

A reader-submitted picture taken outside a Catholic church in France on Christmas day. Comment: Hi Mr Armstrong, A single picture, taken during Christmas Mass, in [...]

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Rising Separatist Movement in Corsica & Riots Against Muslims

For the last several year, the youth in Corsica have been clashing with police in a separatist protest. This is the youth uprising — the lost generation that [...]

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Universities Sued for Consumer Fraud — Has Their Time Come?

Clark Moffatt went to law school to persue his dream job as a lawyer working in the American criminal justice system (like we really need more prosecutors). Nearly [...]

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Cameron Selling out Britain? Pound to Fall to 55 cents?

There is little doubt that David Cameron offered a referendum on Britain exiting the European Union (EU) because he thought it would never win. Now that the polls [...]

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EU May Drop Visa Requirement for Ukraine

The ongoing dramatic events in Ukraine have demonstrated, once again, the high commitment of Maidan protesters and the citizens of Ukraine to become more closely [...]

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