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European Bank For Reconstruction And Development Ends All Upstream Oil Financing

European Bank For Reconstruction And Development Ends All Upstream Oil Financing The European Bank for Reconstruction and Development (EBRD) will no longer invest in oil and gas exploration and production, the bank’s Managing Director Harry Boyd-Carpenter told Reuters as the institution pledged to align all its activities to the Paris Agreement goals from the end of next […]

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The ‘Greek Debt Deal’ Is Already Starting To Fall Apart

The ‘Greek Debt Deal’ Is Already Starting To Fall Apart The “deal that was designed to fail” has already begun to unravel.  The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted extensive debt relief.  This is something […]

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Operation Choke-Point Is Worse Than We Thought

Operation Choke-Point Is Worse Than We Thought Operation Choke Point is an initiative of the DoJ that was announced in 2013 which investigates bank interactions with certain businesses believed to be at higher risk for fraud and money laundering. When first disclosed it was heavily criticised for bypassing due process with critics warning that “it’s a thinly […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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