Economics
Posted inEconomics / Fossil fuel / News
Gates Foundation quietly dumps all of its BP stock
The Bill and Melinda Gates Foundation sold off its $187 million stake in the oil giant BP sometime between September and December of 2015, according … Gates Foundation quietly dumps all of its BP stockRead more
Posted inEconomics / Fascism / Oil / ToMl
The Oilman Who Loved Dictators
[This piece has been adapted from Adam Hochschild’s new book, Spain in Our Hearts: Americans in the Spanish Civil War, 1936-1939.] “Merchants have no country,” … The Oilman Who Loved DictatorsRead more
Posted inEconomics / Financial crisis / ToMl
Understanding the Great Recession
Just as the Great Depression remained etched in the minds of both economists and policy makers for a very long time, undoubtedly so will the … Understanding the Great RecessionRead more
Posted inEconomics / Inequality / ToMl
UK super-rich seize 26 percent of all new wealth since 2000
Oxfam’s briefing paper, “Ending the Era of Tax Havens—Why the UK government must lead the way,” highlights the ever-increasing gap between a rich elite and … UK super-rich seize 26 percent of all new wealth since 2000Read more
Posted inEconomics / Military / ToMl
Pentagon and Corporate Contractors Too Big to Audit
The Reuters report put this colossal dereliction simply: “A law in effect since 1992 requires annual audits of all federal agencies—and the Pentagon alone has … Pentagon and Corporate Contractors Too Big to AuditRead more
Posted inAssassination / Economics / Latin America / Politics / ToMl
It Takes Two Dead Activists for Banks to Suspend Funding for Honduran Project
If the murder of Honduran activist Berta Cáceres was not enough to convince European development banks to pull their funding from the massive dam project … It Takes Two Dead Activists for Banks to Suspend Funding for Honduran ProjectRead more
Posted inEconomics / Internet / Tax / ToMl
Do Not Be Impressed by Mark Zuckerberg’s Phony Generosity
CEO Mark Zuckerberg promises to give 99% of his Facebook shares to charity — eventually. Exact phrasing: the stock, currently worth $45 billion, will be … Do Not Be Impressed by Mark Zuckerberg’s Phony GenerosityRead more