“And I shall wear the creditors’ loathing with pride.” Yanis Varoufakis, Jul 6, 2015 It was always going to be difficult for Greece’s Yanis Varoufakis … Warrior EconomistRead more
Economics
Posted inEconomics / Greece / ToMl
IMF has made €2.5 billion profit out of Greece loans
Ahead of the payment of €462 million by Greece to the IMF on Thursday 9 April, figures released by the Jubilee Debt Campaign show that … IMF has made €2.5 billion profit out of Greece loansRead more
Posted inEconomics / News / Saudi Arabia / Terrorism
Saudi Arabia ‘funding Islamic extremism in the West’, German vice-chancellor Sigmar Gabriel claims
Germany’s vice-chancellor has publicly accused Saudi Arabia of financing terrorists in the West. Sigmar Gabriel claimed the country was funding mosques linked to extremism, which … Saudi Arabia ‘funding Islamic extremism in the West’, German vice-chancellor Sigmar Gabriel claimsRead more
Posted inEconomics / ToMl
Beyond illicit financial flows
The discussion of the Mbeki Panel report in the last issue of African Agenda, in both the Editorial and the article by Tetteh Hormeku, rightly … Beyond illicit financial flowsRead more
Posted inBank / Corruption / Crime / Economics
HSBC, money-laundering and Swiss regulatory deterrence
Number-crunching, a la Private Eye: the case of HSBC and its Swiss fine for “organisational deficiencies” in relation to money-laundering. $42.8 million Fine imposed on … HSBC, money-laundering and Swiss regulatory deterrenceRead more
Posted inEconomics / Industry / Pollution / ToMl / Women
Unequal Risk of electronic workers from toxic chemicals
In the photograph, a frozen moment of optimism, Yvette Flores is smiling. It’s the summer of 1979. Yvette, in a flower-patterned dress, is 22 years … Unequal Risk of electronic workers from toxic chemicalsRead more
Posted inEconomics / Grid / ToMl / Wind
Why wind and solar power are such a challenge for energy grids
Last week, I described a modeling study showing that it is possible to run the entire US economy on renewable energy: wind, water, and solar … Why wind and solar power are such a challenge for energy gridsRead more
Posted inEconomics / News / USA Empire / Worker
First Survey of U.S. Domestic Workers Reveals Low Pay, Abusive Conditions
The first-ever national survey of domestic workers in the United States has revealed substandard working conditions faced by a largely female workforce that goes almost … First Survey of U.S. Domestic Workers Reveals Low Pay, Abusive ConditionsRead more
Posted inEconomics / Greece / ToMl
The Never Ending Saga of Greece’s Debt Crisis
The Greek debt crisis saga continues with no resolution in sight. As expected, the European leaders rejected a last-minute proposal by Alexis Tsipras, Prime Minister … The Never Ending Saga of Greece’s Debt CrisisRead more
Posted inEconomics / Politics / ToMl
Iceland Grows Booming Economy After Jailing Bankster Criminals
Banks around the world are no longer the quaint little savings-and-loan depositories of yesterday. Today, most of them are owned or co-opted by giant mega-wealthy … Iceland Grows Booming Economy After Jailing Bankster CriminalsRead more