Goldman Sachs’s European Headquarters Targeted By Climate-Change Activists

By Staff, Reuters.com -

LONDON (Reuters) - Environmental activists held a protest outside Goldman Sachs’s European headquarters in London on Thursday in attempt to underline what they say is the role the finance [...]

This Radical Plan To Fund The ‘Green New Deal’ Just Might Work

By Staff, Ellenbrown.com -

With what Naomi Klein calls “galloping momentum,” the “Green New Deal” promoted by newly-elected Rep. Alexandria Ocasio-Cortez (D-NY) appears to be forging a political pathway for solving all of [...]

China Warns Canada Of Consequences For Imprisoning Huawei’s Financial Director

By Staff, Cubadebate.cu -

The Canadian justice made the arrest last day 1 in the airport of Vancouver, while Meng was preparing to take a flight with connection to Mexico. Huawei denied the accusation and ensured [...]

The Spider’s Web: Britain’s Second Empire

By Michael Oswald, Roarmag.org -

The Spider’s Web: Britain’s Second Empire, is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London [...]

Report: 90% Of Pipeline Blasts Draw No Financial Penalties

By Lorraine Chow, Ecowatch.com -

A striking report has revealed that 90 percent of the 137 interstate pipeline fires or explosions since 2010 have drawn no financial penalties for the companies responsible. The article from E&E [...]

How Neoliberal Economists Wreak Havoc On The Global Poor While Protecting The Financial Elite

By Vijay Prashad, Independent Institute -

On December 1, Mexico will have a new president—Andrés Manuel López Obrador. He will take over the presidency from the lackluster Enrique Peña Nieto, whose administration is marinated in [...]

Ten Years After The Financial Crisis, The Contagion Has Spread To Democracy Itself

By Zach Carter, Huffingtonpost.com -

By the time Lehman Brothers filed for the largest bankruptcy in American history on Sept. 15, 2008, the country had been navigating stormy global financial waters for more than a year. Bear [...]

Retrospectives Of The Financial Crisis Are Leaving Out The Most Important Part—Its Victims

By David Dayen, Inthesetimes.com -

Because I’m a masochist, I’ve read as many retrospectives as I could about the 10th anniversary of the fateful failure of Lehman Brothers, the emblematic event of the financial crisis. And I [...]

Central Banks Have Gone Rogue, Putting Us All At Risk

By Ellen Brown, Truthdig.com -

The U.S. Federal Reserve, which bailed out General Motors in a rescue operation in 2009, was prohibited from lending to individual companies under the Dodd-Frank Act of 2010, and it is legally [...]

To Stop The Next Financial Crisis, We Need Public Ownership Of Banks—Now

By Thomas M. Hanna, Inthesetimes.com -

In mid-September, a secret party is scheduled to take place in London. The participants will be hundreds of alumni from the defunct global investment bank Lehman Brothers. The occasion? The [...]

Crashing Currency Chaos Spreads Across The Global South

By Pepe Escobar, Asia Times -

There is a serious currency crisis affecting key emerging markets. Three of these – Brazil, Argentina and Turkey – are G20 members, and Iran, absent external pressure, would have everything to [...]

Europe Working On Payment System Alternative To SWIFT & IMF To Attain Financial Independence From US

By Staff, Rt.com -

Last week, Maas called for European autonomy to be strengthened by creating payment channels that are independent of the United States, establishing a ‘European Monetary Fund’. The intention to [...]

Banks Are Becoming Obsolete In China—Could The U.S. Be Next?

By Ellen Brown, Truthdig.com -

The nightmare for the U.S. financial industry is that a major technology company—whether one from China or a U.S. giant such as Amazon or Facebook—might replicate the success of the Chinese [...]

Stock Buybacks Will Hit $1 Trillion In 2018

By Barry Grey, Wsws.org -

US corporations will buy back their own stock at a record clip of $1 trillion this year, according to an analysis issued by Goldman Sachs on Monday. The Wall Street giant attributed the surge in [...]

Public Ownership, Democratizing Money, And Preparing For The Inevitable Next Financial Crisis

By Staff, Publicbankinginstitute.org -

Thomas M. Hanna of The Democracy Collaborative has released a compelling new detailed report arguing that we need to start now discussing a viable plan for public ownership — to demand a next [...]

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