A profound insight on today’s economy from Ray Tomes. Most relevant to what is happening now! More videos on the impact of Cycles found in Economics & Science can be found at: https://cyclesresearchinstitute.org/links/audio-and-video-links/ The Cycles Facebook Page carries cycles updates.
02. Business & Economy
G7 Finance Minister Reject Protectionist Policies
The Group of Seven finance ministers pledged Saturday to avoid protectionist measures as they attempt stimulate their own economies during face of the worst global economic crisis since the Great Depression. At the meeting was new U.S. Treasury Secretary, Timothy Geithner, who gave assurance President Obama's $787 billion economic recovery plan would not impinge in …
Anti-Goverment Protests in Russia Over Economic Strife
Anti-government demonstrations took place in Moscow and throughout Russia on January 30, 2009, by demonstrators who expressed their frustration the country slips deeper into depression. A drop in oil prices, global economic downturn, government spending of billions to bail out failing banks and companies, rising unemployment and a rapidly devaluing ruble were all part of …
Iceland’s Government Collpases Amid Financial Turmoil
Iceland's Prime Minister, Geir Haarde, resigned on Monday, January 26, 2009 in lieu of the failing banking system and financial collapse of the country. During heavy protests demonstrators had burned an effigy of the Prime Minister on January 21. The Social Democratic Alliance party was formed to fill the void and the new coalition Jóhanna …