America’s economy is not the only one in trouble. Europe is hoping to reach an agreement before this Wednesday on how to resolve their current debt crisis, but not much optimism surrounds the upcoming decision. TIME explains that, based on the EU’s past history of putting narrow political interests in front of the greater good of the union, the new agreement may be DOA—Dead on Arrival.
WikiLeaks founder Julian Assange reveals the secret-exposing site’s financial troubles to the public today. WikiLeaks has halted its publication in the meantime, following the recent blockade enforced by financial companies such as Visa and Mastercard.
The Home Affordable Refinance Program (HARP) throws troubled homeowners a bone—something many can use nowadays. Nearly 1,000,000 financially troubled Americans have capitalized already, and President Obama has announced changes to simplify the process. CNN explains the new set of rules that will allow homeowners to get new loans.
Assisted by Arezu Hadjialiloo