Nationwide Greek strike over austerity program

Greece’s austerity program has been rejected by a large part of the public and there is a nationwide strike against the program, according to the BBC.

Continue reading


Insolvent Haiti’s post-disaster debt

The recent earthquake in Haiti is a disaster of epic proportions. It is a humanitarian disaster with an estimated 200,000 dead. It has also caused a catastrophic collapse in confidence in the Haitians’ ability to repay their debts. Haiti is now an insolvent sovereign, by way of natural disaster.

Continue reading