In August 2011, Italy agreed to 65 billion dollars in austerity measures meted out by the European Union. The reverberations of the world Financial Crises of 2008 cracked veneer of Europe’s largest socioeconomic pact. With southern European nations like Italy and Greece at the forefront of the fray, many saw major economic retraction in their…
Tag: financial crisis
Brexit: Escaping the Post Colonial Immigration Boom and the Debt Albatross
As the UK and the EU continue to seek to hammer out a deal for Brexit, the world watches as the flagellation surrounding the move intensify. In a June 2016 vote, the UK determined it would leave the EU as saw that its contributions to the union far outstripped many other nations and the looming…
Italy’s Money Challenge: From Austerity to Freedom
Italy has faced a massive influx of foreign national and refugees to its shores, and recently made incendiary statements regarding Frances’ role in the continuing instability in Africa. Italy’s inflammatory statements likely comes out of a state of frustration and helplessness, as it grapples to handle its own economic instability and the steady consuming wave…
Everybody Wants to Rule the World: The Currency Race
There is a lot of talk swirling around the reason for the Slave Trade in Libya these days. There is this thought that because of destabilization in the region, insurgents have overrun the region and lawlessness has abounded. There are a lot of horror going on in the region, and we have only seen a…
Lela Winston 