OneWest Bank, which Donald Trump’s nominee for treasury secretary, Steven Mnuchin, ran from 2009 to 2015, repeatedly broke California’s foreclosure laws during that period, according … Treasury Nominee Steve Mnuchin’s Bank Accused of “Widespread Misconduct” in Leaked MemoRead more
Economics
Rethinking The Cost of War
There are many ways to measure the cost of U.S. involvement in the Vietnam War: In bombs (7 million tons), in dollars ($760 billion in … Rethinking The Cost of WarRead more
How currency ban negated the effects of a good monsoon
As demonetisation enters 50th day, the Centre is trying hard to impress upon the public that the currency ban has not derailed the economy. India’s … How currency ban negated the effects of a good monsoonRead more
Demonetisation and rural economy
Euphoria turns into depression Within a week labourers were forced to either sit idle at home or work on credit The rhetoric on black money … Demonetisation and rural economyRead more
Nestlé Will Pay More to Pump Ontario’s Water for Bottling
Today, Nestlé pays just $3.71 per every million litres of water the company pumps out of the ground in Ontario, so that it can bottle … Nestlé Will Pay More to Pump Ontario’s Water for BottlingRead more
Take back your gold
Karen Hudes http://kahudes.net/about-us/
The top 1 % now own over half of the world’s wealth
The world’s richest 1 percent now own more wealth than all of the bottom 99 percent combined. This finding comes from Credit Suisse’s Global Wealth … The top 1 % now own over half of the world’s wealthRead more
The Italian Banking Crisis: No Free Lunch – Or Is There?
It has been called “a bigger risk than Brexit”– the Italian banking crisis that could take down the eurozone. Handwringing officials say “there is no … The Italian Banking Crisis: No Free Lunch – Or Is There?Read more
Official data exposes Centre’s inflated claims on success of agriculture insurance scheme
On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in … Official data exposes Centre’s inflated claims on success of agriculture insurance schemeRead more