Silent Crow News

News, Opinions & Analysis that Matters

Posts filed under Global Economy

Commentary: Trinidad and Tobago presages transformation

Editor’s Note: Reprinted from May 26, 2015 Melanius Alphonse, The Lucian People’s Movement – Accepting recurring themes of low growth and a downturn in oil prices as the new normal in world economy, and activities in China that slowed marginally to 7.4 percent in 2014 compared to growth of 7.8 percent in 2013, places Trinidad and… (read more)

Puerto Rico is Bankrupt: Will the IMF Bail-Out Puerto Rico?

Former IMF Officials Propose Austerity Measures to Solve Puerto Rico’s Debt Crisis, Governor Agrees Timothy Alexander Guzman, Silent Crow News – Puerto Rico is bankrupt according to Governor Alejandro Padilla because it is mathematically impossible to pay its $73 billion debt it owes to creditors. In an interesting turn of events, the Associated Press reported… (read more)

The Bilderberg’s “Cashless Society” Proposal and Rwanda’s US Supported Cashless Payment System

Timothy Alexander Guzman, Silent Crow News- One of the main topics at the Bilderberg Group meeting held last week in Telfs-Buchen, Austria was the idea of promoting a cashless society.  It seems like governments in Africa think that a cashless society is a good idea, which is good news for the Bilderberg elite, but really bad… (read more)

All is not lost in the midst of downgrades

Melanius Alphonse, The Lucian People’s Movement – The Republic of Trinidad and Tobago is under enormous scrutiny following Moody’s Investor Service downgrade of its bond rating and issuer rating to Baa2 from Baa1; changing the outlook to negative from stable.  Added to that, Moody’s downgraded the long term local and foreign currency deposit ratings of First Citizens… (read more)

Suicide Mission: Why a War With Iran Will End in Another Defeat for the U.S. Military Machine

Timothy Alexander Guzman, Silent Crow News – On Hardball with Chris Matthews, a U.S. mainstream media program interviewed President Barack Obama and was asked about Russia’s decision on lifting a ban on the sale of S-300 air-defense missile systems to Iran. According to the Jerusalem Post, Obama said “Our defense budget is somewhere just a… (read more)

Is Puerto Rico on the Brink of Economic Disaster?

Mass Migration, Poverty, Unemployment and the “VAT” Initiative Timothy Alexander Guzman, Silent Crow News – Puerto Rico’s unemployment rate hovers around 14 percent but of course, the Bureau of Labor Statistics (BLS) does count those who dropped out of the labor force completely. If you did count every working age person not participating in the… (read more)

Politics, Financial Fraud and the “Big Three” Credit Ratings Agencies

China and Russia to Launch Credit Rating Agency that will Challenge U.S. Financial System Timothy Alexander Guzman, Silent Crow News – The “Big Three” Credit rating Agencies Moody’s, Standard & Poor’s and Fitch Ratings are a powerful monopoly and a very influential actor in the World of finance. Since 1975, these same rating agencies gained… (read more)

Financial Tyranny in Puerto Rico: The Puerto Rico Government and the Creation of the New Tax Police

Timothy Alexander Guzman, Silent Crow News – Puerto Rico has hit a brick wall. A financial tyranny is slowly emerging as desperation is starting to reflect on the Puerto Rican Government. Not only Puerto Rico’s underground economy will face a tax burden that will be enforced by the government, but also businesses, both small and… (read more)

Will South Africa Allow Shale Gas “Hydraulic Fracking” in the Karoo?

Timothy Alexander Guzman, Silent Crow News – South Africa is possibly moving forward with a plan to allow Shell Oil Company to explore and develop natural gases through the highly controversial ‘Hydraulic Fracking’ technology in the region of Karoo. The South African based company that produces liquid fuels, chemicals and electricity ‘Sosal’ is optimistic that… (read more)

Puerto Rico’s Debt Bomb. Could Puerto Rico become “The New Greece” in the Caribbean?

Timothy Alexander Guzman, Silent Crow News – Puerto Rico is heading towards a pivotal moment in history. Standard & Poor’s (S&P), a US-based credit rating agency located in New York City has decided to put the Government Development Bank of Puerto Rico concerning the island’s debt “on watch” concerning its credit rating according to a… (read more)

As War Lingers in Mali, Western Powers Target its Natural Resources

Timothy Alexander Guzman, Silent Crow News – France’s intervention in the West African nation of Mali under Operation Serval drove Islamic groups associated with Al-Qaeda out of Northern Mali in February 2013. When the Tuareg rebellion occurred in early 2012, it was against the Malian government lead by the National Movement for the Liberation of… (read more)