Portugal Economy Sinks, State Clings to Bailout’s Austerity Terms

JESSICA DESVARIEUX: Welcome to The Real News Network. I’m Jessica Desvarieux in Baltimore. On Sunday, Portugal’s president said he would not be calling for early elections. That means that he will be sticking to the E.U.-IMF $100 billion bailout. This translates into lowering the country’s borrowing rate, and it provides relief for international creditors. But […]

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Retirement alert Medicare will be insolvent by 2026, Social Security by 2035, report warns Chicag

Retirement alert Medicare will be insolvent by 2026, Social Security by 2035, report warns Chicag The financial condition of the governments bedrock retirement programs for middle and working class Americans remains shaky, with pointed toward insolvency by 2026, according to a report Monday by the governments overseers of Medicare and Social Security. It paints a […]

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