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Brazil seems determined to break ties with Mercosur to sign, once and for all, a new free trade agreement with the European Union, one that, promoters argue, is up to the importance of its economy. After the failed attempt to close the agreement in 2004, the Brazilian Government, with support from the local private sector, proposes a reduction of tariffs to be applied faster than its partners and that ...Read full article...
By LUIS MIRANDA | THE REAL AGENDA | OCTOBER 23, 2012 The earthquake that shook Japan last year is not the only origin of the shock waves the country is now experiencing. The economic crisis has also shaken the Asian nation. During the first semester of the current fiscal year, the Japanese had a historic fall in exports, which in turn resulted in the largest fiscal deficit. The financial ...Read full article...
Even the best banker forecasts warn about an imminent economic Depression By LUIS MIRANDA | THE REAL AGENDA | AUGUST 15, 2012 The latest outlook issued by the European Central Bank (ECB) and the International Monetary Fund (IMF) provide a clear picture that shows how the euro area will fall into an economic depression. The question then is, how will the countries deal with the Depression and whether the ...Read full article...
…to Third World Levels The Economic Collapse February 28, 2011 From now on, whenever you hear the term “the global economy” you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not ...Read full article...