Category Economics
Trump’s appointment of several billionaires to cabinet raises questions – Xinhua | English.news.cn
Trump’s appointment of several billionaires to cabinet raises questions – Xinhua | English.news.cn – As the brash businessman prepares to take office, he is busy putting together a cabinet that includes a few billionaires, including now former Exxon CEO and incoming secretary of state Rex Tillerson. “I think there is some legitimate criticism about billionaires […]
Brussel’s Terror Attack Drives Europe Further Into Terrorism Rabbit Hole | OilPrice.com
EU Council meetings scheduled for Tuesday have been reportedly cancelled, while the EU Parliament has not been evacuated, but remains on high alert. The country’s two nuclear power plants are also being evacuated of all non-essential personnel as a precaution, and surveillance and security have been stepped up. This precaution is being taken due to […]
▶ WikiLeaks Leaks Controversial Secret Trans-Pacific Partnership Documents – YouTube
“The WikiLeaks release of the text comes ahead of the decisive TPP Chief Negotiators summit in Salt Lake City, Utah, on 19-24 November 2013. The chapter published by WikiLeaks is perhaps the most controversial chapter of the TPP due to its wide-ranging effects on medicines, publishers, internet services, civil liberties and biological patents.” Remember NATFTA? […]
Company at Center of “Debtors’ Prison” Case Accused of Racketeering | Mother Jones
The suit also goes after the current contract between Clanton and JCS, alleging that their relationship violates Alabama law, which forbids city courts from charging individuals extra money for being on probation. Since 2009, Clanton has contracted with JCS to manage its pay-only probationers (individuals who are only on probation because they can’t pay their […]
As Germany Stands Firm Against Attempts to Scale Back Austerity in Greece, What’s Next for Syriza? – In These Times
Since winning the country’s election on January 25, Syriza has been on shaky footing. First, they inherited a country running out of money, a bailout agreement on the brink of expiring and a humanitarian crisis. They won largely by campaigning against all of the above. Second, they needed to form a coalition in order to […]
Solitary Watch | News from a Nation in Lockdown
The 500 beds will be in 416 cells, 84 of which are double bunked. A few are accessible to inmates with disabilities. It will be staffed round the clock by 115 correctional officers, [ADC Director Charles] Ryan said. . . An elevated observation deck, with an electronic touch screen to open and close cell doors, […]
Trade to dominate as Obama welcomes African leaders – The Malaysian Insider
“My advice to African leaders is to make sure that if, in fact, China is putting in roads and bridges, number one, that they’re hiring African workers; number two, that the roads don’t just lead from the mine to the port to Shanghai, but that there’s an ability for the African governments to shape how […]
‘Accusation drive’ – Indonesia president slams Australia’s gagging order exposed by WikiLeaks — RT News
WikiLeaks released a document Wednesday that it said was a court order issued by the Supreme Court in Melbourne on June 19.According to the document, the court had banned any disclosure or publication of information concerning 17 current and past heads of state, politicians and other senior officials of Malaysia, Indonesia or Vietnam in connection […]
Russia writes off 90% of Cuba’s debt ahead of Putin’s ‘big tour’ to L. America — RT Business
The first payment from Cuba is expected in October, and the money will be transferred to an account of the Russian lender Vnesheconombank opened at the National Bank of Cuba.The agreement was signed into a law on Friday ahead of Russian President Vladimir Putin’s official visit to Latin America, where Cuba comes the first.Cash-strapped Cuba […]
Jim Hightower | The GOP’s minimum wage nuttiness
Raising the minimum wage above the poverty level, is not a question of economics even though it would be a big plus for our economy, but a question of morality. Who are we as a people, a nation – especially in the richest nation in the world – if we dishonor the work ethic with […]
UK to buy gas from Russia despite Ukraine crisis Anadolu Agency
When Centrica was asked by Anadolu Agency on Tuesday if the contract was being revised in light of the recent crisis in Ukraine, AA was told that there would be “no change” to the 2012 agreement. At the time of signing the original contract, Cordi O’Hara, Centrica Energy, Origination Director said: “Centrica is at the […]
EU, US impose sanctions against Russian officials after Crimea referendum — RT News
The US has imposed sanctions against Russian and Ukrainian officials on Monday, with the White House stating that “the actions and policies” of the Russian government with respect to Ukraine “undermine democratic processes and institutions in Ukraine; threaten its peace, security, stability, sovereignty, and territorial integrity; and contribute to the misappropriation of its assets.”Obama’s executive […]
Mazacoin Aims to be Sovereign Altcoin for Native Americans
Mazacoin MZC is based on the Zetacoin altcoin, which is in turn based on bitcoin’s SHA-256 proof of work implementation. This coin will have a block target of 120 seconds, and a block reward of 5000 MZC.Unlike bitcoin, there won’t be a cap. The developers expect 2.4192 billion of the coins to be mined in […]
BBC News – HSBC imposes restrictions on large cash withdrawals
Listeners have told Radio 4\’s Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000.HSBC admitted it has not informed customers of the change in policy, which was implemented in November.The bank says it has now changed its guidance to staff. via BBC News – HSBC imposes restrictions on large cash withdrawals.