Saint Mark’s square roots
An excerpt from The Venetian Files – a novel by Izaias Almada and Matheus Graselli. September 12-14, 2008: New York City, USA Hank Paulson managed to get Alistair Darling on …
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Holding Corporations to Account: towards an Economic Democracy?
We take it for granted that we get to vote in elections, but that is of course a relatively recent innovation. Universal suffrage only occurred in 1928. However most of …
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Japan’s October exports post biggest fall in 3 years
TOKYO (Reuters) — Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession as weakening demand from United States and …
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The Truth About The UK’s Debt
The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used …
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Revealed: Russian donors have stepped up Tory funding
The Conservatives have received significant recent cash injections from a number of Russian donors and their associates, an openDemocracy investigation has discovered. Well-connected Russian oligarchs and companies heavily …
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Japan’s public offerings in free fall as debt reigns supreme
Amid ultralow interest rates, corporations favor bonds to boost ROE Japanese corporate managers have learned to move away from stocks and embrace debt for fundraising. © Reuters TOKYO …
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Austerity policies slowed growth after recession, report says
Wage increases halved, and working houses in poverty more than doubled. The growth of the GDP and living standards were significantly slower in countries with austerity-driven policies than those without …
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The IMF is spending $93 billion bailing out reckless lenders
New research by the Jubilee Debt Campaign indicates a major breach by the IMF of its own policies, with $93 billion of lending to highly indebted countries, without any debt …
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The Teller’s Tale
John Kay in an interview last year for The Mint, singled out Handelsbanken as a ray of hope in the banking world. According to Kay, it “had grown quite rapidly …
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Credit Where Credit’s Due
Who gets to borrow at a fair rate is a pernicious inequality. It’s funny how, despite overt concerns, affluent people always find ways to keep the poor apart from them: …
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