GovernmentsDennis Sahlstrom

Analyst Demise of Euro Could Trigger A Devastating Collapse
Governments
Analyst: Demise of Euro Could Trigger A Devastating Collapse
The financial market is unstable, and currencies collapse around the world. European Central Bank (ECB) run out of ways to keep the market up, and now Euro might be in trouble. Why is Euro in trouble? The market strategies Russell Napier said that Euro is in trouble. He told the Financial Times that our financial system shows serious vulnerabilities and the demise of Euro may trigger the collapse of the…
Zimbabwe Government Shuts Down Internet, Backfires Spectacularly Affecting Economy
Governments
Zimbabwe Government Shuts Down Internet, Backfires Spectacularly Affecting Economy
Earlier this week, the Zimbabwe government decided to shut down the internet in the African nation. This decision was precipitated by a governmental fear over increasing street protests. However, this attempt to quell national unrest ended up resulting in the exact opposite. Controversial internet shutdown paralyzes national economy Specifically, Zimbabwe has been ravaged by widespread local unrest the past week. The catalyst? A controversial decision to increase the prices of…
China: Counter Declining Economy By Injecting $83 Billion
Governments
China: Counter Declining Economy By Injecting $83 Billion
The world economy China faces some of its toughest economic challenges in years. The People’s Bank of China recently injected $83 billion (560 billion yuan) into open markets to counter the declining economy. China’s Central Bank saves the day Reuters reported on Wednesday, January 16, that China’s central bank injected $83 billion into the county’s financial system. The bank has never done an intervention this large before. The injection came…