‘Reforming Global Finance’
News, opinion, proposals for reforming finance at global and national levels. Tracks new laws to curb speculative finance, transaction taxes and how financiers caused the collapse of 2008-9. News on monetary-systems reform of the Federal Reserve, IMF, World Bank, BIS and central banks.
November 2012 The statement on TRANSFORMING ECONOMIES INTO TRUE WEALTH is an invitation to fully engage in the planetary whole-system shift now under way. Many SRI investment professionals recognize our human responsibility for the many breakdowns in our societies and enfolding ecosystems resulting from our limited consciousness: climate [...]
June 27, 2012 © 2012 The STATEMENT ON TRANSFORMING FINANCE BASED ON ETHICS AND LIFE’S PRINCIPLES begins with the biological truth that the human species is interdependent with all other life forms on Planet Earth. A joint collobration with Biomimicry 3.8, the statement shows how human societies, cultures, values and belief systems are [...]
Ethical Markets agrees with Ellen Brown that Argentina is right to resist the US court decision which tried to force an involuntary default , by transferring the trustee for payment from Bank of New York Mellon to Argentina’s own central bank. The idea of an international bankruptcy court , under the current global [...]
Commentary by Hazel Henderson, Editor-in-Chief Good News from Mr. WU! The UN Report on Finance for Sustainable Development shows the global economics paradigm shifting: from today’s financial model of the global casino dominated by high-frequency trading and multi-trillions in derivative positions far exceeding the real world economy’s GDP [...]
PRESS RELEASE UNDER EMBARGO UNTIL 15 AUGUST, 00.01 BST Top 20 high-cost oil projects risk wasting $91 bln of investor cash London, August 15, 2014 – The Carbon Tracker Initiative (CTI) today revealed some of the world’s most expensive future oil projects, which the biggest publicly listed oil companies are [...]
Hi - Join us for the monthly coalition call every second Friday at noon! Click here to sign up. Santa Fe Seeks Feasibility Study Consultants Late last week, the City of Santa Fe [...]
Why do almost all companies finance themselves mostly with equity, but Wall Street's too-big-to-fail banks finance themselves almost 100 percent with borrowed money (debt), making them very unstable and at high risk of failure even if they only have tiny losses? Because those handful of gigantic banks (only 9 banks in the US have more than [...]
August 13, 2014 Latest GFI Blogs Messi and the International Impunity System Join Us for Our Upcoming Conference on Illicit Financial Flows in Brazil Illicit Finance Journalism Programme Lauches Fourth Training Project Debate in Delaware on Anonymous Companies Why Wildlife Trafficking and Anonymous Companies are Mutually [...]
Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy. Argentina was the richest [...]
The BRICS nations are going to have their own bank. They say it’s going to be nothing like the World Bank. But don’t bank on it.
https://www.opendemocracy.net/od-russia/john-weeks/brics-bank The BRICS bank The BRICS nations are going to have their own bank. They say it's going to be nothing like the World Bank. But don't bank on it. John Weeks , July 15, 2014 For many years, various officials of governments in Africa, Asia and Latin America have urged the [...]