In mid-2016 the Chinese ocean shipping company COSCO succeeded in acquiring a controlling stake in the Greek port of Piraeus. This was the culmination of … China’s Takeover of the Port of Piraeus in GreeceRead more
Economics
Wall Street to Planet Earth
Christopher Williams on Reality Asserts Itself (2/5)
What Happened to America’s Wealth? The Rich Hid It
If you find yourself traveling this summer, take a closer look at America’s deteriorating infrastructure — our crumbling roads, sidewalks, public parks, and train and … What Happened to America’s Wealth? The Rich Hid ItRead more
Amazon pays warehouse workers $233 per month in India
On June 25, Amazon CEO Jeff Bezos met with Indian Prime Minister Narendra Modi in Washington DC alongside over a dozen other corporate leaders. After … Amazon pays warehouse workers $233 per month in IndiaRead more
Venezuela’s Maduro says will shun U.S. dollar in favor of yuan, others
Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to “free” itself from the U.S. dollar next week, using the weakest of … Venezuela’s Maduro says will shun U.S. dollar in favor of yuan, othersRead more
Those to Blame for the Grenfell Fire Victims Include Tony Blair
There are many people culpable for the mass loss of life in the Grenfell fire in London. At this time, we know enough about the … Those to Blame for the Grenfell Fire Victims Include Tony BlairRead more
Sovereign Debt Jubilee, Japanese-Style
Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too. Let’s face it. There … Sovereign Debt Jubilee, Japanese-StyleRead more
How Two Common Medications Became One $455 Million Specialty Pill
Everything happened so fast as I walked out of the doctor’s exam room. I was tucking in my shirt and wondering if I’d asked all … How Two Common Medications Became One $455 Million Specialty PillRead more
Edmond de Rothschild fined for alleged involvement in 1MDB scandal
The Luxembourg Financial Sector Supervisory Commission (CSSF) has ordered the private bank Edmond de Rothschild to pay a fine of almost €9 million as part … Edmond de Rothschild fined for alleged involvement in 1MDB scandalRead more
How Wealth Managers to the Super-Rich Undermine Society and What We Can Do About It
Recent years have seen a tremendous amount of scholarship and commentary on the growth of inequality in the United States and what can be done … How Wealth Managers to the Super-Rich Undermine Society and What We Can Do About ItRead more