Monthly Archives: July 2015

The Governor of Puerto Rico says the U.S. commonwealth territory is simply unable to pay its debt, which now stands at a jaw-dropping $73 billion. Alejandro Garcia Padrilla, inaugurated in January 2013, has called in specialist advisers to work with him, and, rather onerously, one of them is Steven Rhodes,(…)

New Obamacare clients are reportedly “sicker than expected” and insurance companies across the U.S. are seeking increases of 20%-40%+ for 2016 premiums. For example, according to both federal and industry-linked documents now appearing online, Blue Cross and Blue Shield are seeking the following hikes in their rates: 23% in Illinois,(…)

The International Monetary Fund (IMF), who the Greek nation are in default to after Tuesday’s missed loan repayment, have announced today that, under the existing and disputed bailout plans, Greece will need at least a further 50 billion euros over the next three years just to stabilize their economy. The(…)