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Degrading Newspapers’ Business Sections
Degrading Newspapers’ Business Sections It’s alarming that there are far fewer media outlets for consumer protection news and features than there were thirty years ago. Recall the huge Phil Donahue Show, the regional radio show and TV news shows, the television networks and syndicated radio shows that would report and interview consumer advocates about the […]
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People An unprecedented leak of more than 11 million documents, called the “Panama Papers“, has revealed the hidden financial dealings of some of the world’s wealthiest people, as well as 12 current and former world leaders and 128 more politicians and public […]
Presenting, “The Company That Bribed The World”
Presenting, “The Company That Bribed The World” This won’t exactly come as a surprise: the global oil industry is corrupt. We are, after all, talking about the most financialized commodity in the history of the world, and up until a few years ago, it was controlled by a cartel comprised entirely of nations run by caricatures […]
Turkey Shells Aleppo, Says “Massive Escalation” In Syria Imminent As Saudis Ready Airstrikes
Turkey Shells Aleppo, Says “Massive Escalation” In Syria Imminent As Saudis Ready Airstrikes Even as all sides – including the US, Russia, Saudi Arabia, and select rebel groups – pretend to be working towards a ceasefire and a diplomatic solution to the five year conflict in Syria, actions speak louder than words, and to put […]
In Latest Sign Of EM Chaos, Turkey’s FX Reserves Fall Below Key Threshold Ahead Of Pivotal Elections
In Latest Sign Of EM Chaos, Turkey’s FX Reserves Fall Below Key Threshold Ahead Of Pivotal Elections One of the key things to understand about the veritable meltdown that’s unfolded across emerging markets is that there’s more to the story than the headline risk factors. That is, while the list of proximate causes that includes […]
Germany Reintroduces “Border Controls” With Austria, Sends Riot Police As Refugee Crisis Spirals Out Of Control
Germany Reintroduces “Border Controls” With Austria, Sends Riot Police As Refugee Crisis Spirals Out Of Control Two weeks ago, in what was the first official shot across the bow to Europe’s long-standing “Schengen” customs union, we reported that the Italian province of Bolzano across from the Austrian border announced it is willing to “temporarily suspend Schengen” and […]
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos
Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos On Friday we checked in on two of the world’s most important conflicts: 1) that which is unfolding in Turkey where President Recep Tayyip Erdo?an has effectively granted Washington access to Incirlik (you know, for “anti-terror” sorties) in exchange for NATO’s acquiescence […]
Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday
Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday Update 2: Greece’s Skai reports that if/when banks reopen (supposedly on Tuesday), a 60€ withdrawal limit will be imposed. Update: In a televised address to the nation, Greek PM Alexis Tsipras assured Greeks that their deposits are safe despite an upcoming bank holiday and […]
