New York, Sep 24 2011 2:05PM India today cautioned against protectionism in the face of the global economic slowdown, calling at the United Nations for effective ways to promote the coordination of microeconomic policies in the world’s biggest economies. Declining global demand and availability of capital, increasing barriers to free …
At the Intersection of Sustainability and Financial Innovation
Forbes Endorsers include Pavan Sukdhev (TEEB), Hazel Henderson (Ethical Markets) and Sir Mark Moody-Stuart (Board HSBC). We now have around 8 innovations running. Read more…
Regulators Loosen Limits on Risk in Latest Drafts of Key Financial Reform Rules
by Marian Wang | @mariancw The regulatory agencies in charge of finalizing some of the most controversial rules mandated by the financial reform law are leaning toward making them looser and more favorable to banks and other traders. Read more…
Latin American States at UN Focus On Financial Crisis, Suggest Transaction Tax
New York, Sep 22 2011 8:05PM Blaming speculation for the high price of food and oil, and arrogance and greed for the global economic crisis, the Dominican Republic called at the United Nations today for new market rules and proposed a 5 per cent tax on financial transactions to spur …
Global Financial Reform Urgently Needed, Argentina Says at General Assembly
New York, Sep 21 2011 7:05PM In the face of the world financial crisis, Argentina called from the podium of the United Nations today for true economic reform to regulate run-away speculation and other factors undermining market stability, global development and well-being. “Speculation apparently has no brakes and can move …
Important Monetary News Alert: Major, Historic Progress Was Made Today by Congressman Dennis Kucinich
On Wednesday September 21stCongressman Dennis Kucinich (D,Ohio, 10th District) took a crucial and heroic step to resolve our growing financial crisis and achieve a just and sustainable money system for our nation by introducing the National Emergency Employment Defense Act of 2011, abbreviated NEED. Read his announcement.
Economics Debunked: Chapter Two for Sixth Graders
Economics Debunked: Chapter Two for Sixth Graders Posted: 22 Sep 2011 01:35 AM PDT Readers gave high marks to Andrew Dittmer’s summary of a dense but very important paper by Claudio Borio and Piti Disyatat of the BIS and asked if he could produce more of the same. While Andrew, …
Press Release: Commodities Trading: Book Examines Discreet and Booming Swiss Industry
Commodities Trading: Book Examines Discreet and Booming Swiss Industry Zurich, 19 september 2011 Today marks the release of the controversial book “Rohstoff – Das gefährlichste Geschäft der Schweiz” (“Commodities: Switzerland’s Most Dangerous Business”). The fact-filled and groundbreaking analysis of the industry, as powerful as it is unknown, shows why resource-rich …
New Science Paper: The Climate Change-Water-Infrastructure Nexus
A group of researchers with Conservation International and WWF have co-authored a paper in PLoS Biology focusing on the water-related threats and opportunities presented by climate change to the development and conservation communities. The authors suggest that the climate change impacts on long-lived water infrastructure for energy production, agriculture, transportation, …
SEC Proposes Ban on Magnetar-Like Deals
SEC Proposes Ban on Magnetar-Like Deals by Lois Beckett | @loisbeckett The SEC moves to ban the questionable Wall St. deals that, as we detailed, helped fuel the financial crisis. More coverage: The Wall Street Money Machine Our Sputtering Economy by the Numbers: Poverty Edition by Braden Goyette | @bcgoyette A snapshot of …