TORONTO, Ontario, Canada (PNN) - January 29, 2013 - Moody’s Investors Service has downgraded the long-term credit ratings of six Canadian banks, including Toronto-Dominion, Bank of Nova Scotia, Bank of Montreal and CIBC. National Bank and Desjardins were also downgraded.

NEW YORK (PNN) - February 21, 2013 - The number of Amerikans filing new claims for unemployment benefits rose more than expected last week, indicating a continuation of the ongoing Second Great Depression.

Borrowing costs surge after upset on election night.

ROME, Italy (PNN) - February 26, 2013 - It is a very rough start for Italian markets, following last night's shock elections, which are likely to result in a hung government.

NEW YORK (PNN) - December 26, 2012 - Amerika is rapidly becoming a nation of takers. An increasing number of Amerikans expect the government to take care of them from the cradle to the grave, and they expect the government to dig into the pockets of others in order to pay for it all. This philosophy can be very seductive, but what happens when the number of takers eventually outnumbers the number of producers?

LONDON, England (PNN) - January 9, 2013 - Industrial production rose by just 0.2% in November, following a fall of 2% the previous month, as a stronger performance in capital goods and construction outweighed declines in energy and consumer goods.

NEW DELHI, India (PNN) - January 22, 2013 – India, the world’s largest bullion buyer, increased taxes on gold imports to reduce a record current-account deficit and moderate demand for the precious metal that’s rallied for 12 straight years.

REYKJAVIK, Iceland (PNN) - January 29, 2013 - Iceland has become a laboratory for banking and political reform. The population has stepped up to help sort things out in such a way as to thwart gross self-interest exploitation of the system.