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Posts Tagged ‘economic crisis’

US raised debt ceiling 102 times – economist

July 17, 2011 Comments off

rt.com

President Obama has warned the US is running out of time to deal with its financial troubles – the Congress must raise the current $14.3-trillion debt ceiling again. And as Professor Rodrigue Tremblay told RT, this has become a tradition in the US.

­The US repeatedly gets away with raising the debt ceiling, Rodrigue Tremblay told RT.

“This system that the US has, has been in place since 1917. They raise the debt ceiling each year, they have done it 102 times; eight times under George W. Bush alone. Most countries do not run their Read more…

THE EURO & U.S. DOLLAR COLLAPSE & DEVALUATION OF 50-70%

February 9, 2011 1 comment

Sudanese Student dies in Sudan clash

February 1, 2011 Comments off
Sudanese riot police patrol the streets of Khartoum [AFP]

A student who was beaten by police during violent anti-government demonstrations in Khartoum, Sudan’s capital, has died of his wounds in Omdurman hospital, protesters have said.

“Mohammed Abdulrahman, from Ahlia University, died last night in Omdurman hospital as a result of his … wounds after he was beaten by police,” said an activist who took part in Sunday’s protests.

“This morning (Monday) both Ahlia University and the Islamic University of Omdurman have been closed by a government decision,” said the activist, speaking on condition of anonymity.

Two other students said Abdulrahman had fallen during the clashes and was taken to the hospital, where medics informed them that he had died early on Monday.

“Medical sources confirmed to us that the student died yesterday from his injuries inflicted by security forces,” said Yasir Arman, the top official in the north of south Sudan’s main party, the Sudan People’s Liberation Movement (SPLM).

Arman condemned the use of force and said the students were trying to hold peaceful demonstrations.

The Omdurman hospital morgue declined to Read more…