Economics

13.06.2013

The G8 Summit, lemmings and ostriches

The G8 Summit, lemmings and ostriches

Neither ostriches bury their heads in the sand nor lemmings commit mass suicide, these are popular myths now disproven. But humans do both and nothing like the G8 Summit to exemplify such behaviours. As usual, the G8 will gather shortly after the meeting of the Bilderberg Club, to rubber stamp… »

07.06.2013

The economic Para-State in its yearly show of strength. Bilderberg comes to Watford, UK

The economic Para-State in its yearly show of strength. Bilderberg comes to Watford, UK

It may sound like a joke as Watford is not a very glamorous place. But the meeting is taking place in a expensive countryside manor house/hotel, with all the luxury its rich and powerful members are accustomed to. They do this every year, and every year the conspiracy theorists come… »

01.06.2013

United against the Troika

United against the Troika

Who is the Troika? A year ago few knew the answer to this question. We knew it by reference, to its stay in Greece, and it wasn’t good. The Troika was synonymous with austerity, adjustment and cuts, hardship, hunger and unemployment. But it was not until the arrival in Spain… »

23.05.2013

Oil companies suspected of fixing prices but still asking for state help. The System is showing its cracks.

Oil companies suspected of fixing prices but still asking for state help. The System is showing its cracks.

The European commission is investigating BP and Shell for alleged oil price manipulation in spite of a British regulator giving the petrol market a clean bill of health only four months ago. According to The Guardian ‘BP, Shell and the oil price reporting agency, Platts, all had their London… »

17.05.2013

UK attempting to block Europe’s Robin Hood Tax

UK attempting to block Europe’s Robin Hood Tax

The Robin Hood Tax, aka Financial Transaction Tax (FTT) or Tobin Tax was first proposed by John Maynard Keynes among others around 1936. Its purpose was to develop fairer taxation and curb speculation (today particularly relevant to rapid short-term currency speculation). The EU is in the process of implementing… »

15.05.2013

Some US multinationals resist agreement to make Bangladeshi manufacturing industry safer

Some US multinationals resist agreement to make Bangladeshi manufacturing industry safer

Further to the Pressenza report on Mohammed Yunus call to the West to help make the clothes industry safer after nearly 1200 died in the collapse of a factory building, an international agreement has been signed by several companies to ensure fire regulations, health and safety monitoring, better salaries… »

13.05.2013

A financial transaction tax for Europe

A financial transaction tax for Europe

Here are a few facts: 1) In the postwar period, the amount of money that Wall Street dealt with every year represented approximately 15 percent of the US GDP. In 1975 it was 17 percent, at the end of the 80s it was up to 35 percent and ten years… »

09.05.2013

‘Greening’ global trade vital for sustainable development – UN report

‘Greening’ global trade vital for sustainable development – UN report

In an increasingly interconnected world where trillions of dollars worth of goods and services are traded annually, the rapidly expanding market for low-carbon and environmentally friendly products will create new opportunities, the United Nations environmental agency today reported. The report, Green Economy and Trade – Trends, Challenges and Opportunities, finds that… »

09.05.2013

Corporations can seriously damage your ethical intentions

Corporations can seriously damage your ethical intentions

We have been led to believe that consumer power can modify the unethical behaviour of big corporations (may be it can, in a small way) and promote a better society. The difficulty is in knowing what the manufacturers of the products we consume are up to. The collapse of the… »

02.05.2013

(Some) Tax Havens to open their books, but…

(Some) Tax Havens to open their books, but…

A number of British overseas territories that function as Tax Havens have agreed to a higher level of transparency opening their books to the UK, France, Germany, Italy and Spain. “In a statement, the [UK] Treasury said that Anguilla, Bermuda, the British Virgin Islands, Montserrat and the Turks and Caicos… »

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