Silent Crow News

News, Opinions & Analysis that Matters

Posts filed under Global Economy

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)

Wall Street Pirates of the Caribbean: Puerto Rico’s Public Pension System Teetering on Collapse as Retired School Teacher’s Face Cuts

Timothy Alexander Guzman, Silent Crow News – Protests erupted this past Thursday in San Juan, Puerto Rico’s capitol building. The ongoing economic stagnation of Puerto Rico continues with proposed pension cuts for retired public school teachers according to the Associated Press: The protest interrupted a special legislative session that Gov. Alejandro Garcia Padilla had called… (read more)

The Debt Matrix: Consumption and Modern-Day Slavery

“Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt” Henrik Ibsen Timothy Alexander Guzman, Silent Crow News – According to Oxford Dictionary the term Slave is defined as “a person who is the legal property of another and is forced to obey them” as in the… (read more)

Beijing’s Race to Diversify out of US Treasuries: New Agreements would Allow Singapore to become “Leading Offshore Trading Centre” for the Chinese Yuan

Timothy Alexander Guzman, Silent Crow News – China is accelerating the role of the Chinese Yuan with agreements with Singapore that would allow “direct trading between each other’s currency” according to Singapore’s central bank. The Agence-France Presse (AFP) reported that China and Singapore will cooperate on a number of agreements that would boost economic ties… (read more)