‘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.
Relates to: SRI, Transforming Finance, Beyond GDP, Community Development Solutions, Reports You Need, EthicalMarkets.tv
Investing in land: a commentary on the World Bank report
Investing in land: a commentary on the World Bank report by Ian ScoonesThere is something for everyone in the long-awaited World Bank report, Rising Global Interest in Farmland: Can it yield sustainable and equitable benefits? In some sections there is a damning critique, in others a positive spin, with a narrative offering a bright future. [...]
Financial Transaction Taxes – Burden Sharing
Revisiting the Tobin Tax - Financial Transaction Taxes for Burden Sharing and as Regulatory Tools by Sony Kapoor, Managing Director of Re-DefineTobin taxes are back in circulation again. The financial crisis has highlighted the fundamental problems of financial stability as well as the costs associated with bailouts of the financial [...]
What is the best process for addressing global economic uncertainties?
Letter to the Editor, TORONTO POST, by Angus Cunningham, a supporter of "smart" financial transaction taxes, as proposed by EMM Editor Hazel HendersonOctober 2010Dear Mr. Corcoran:I appreciate your choice to publish in your newspaper today the letter of the Managing Director of the Institute of International Finance, an [...]
New Rules for Global Finance
New Rules Weekly Update EVENT: Civil Society Townhall Meeting Organized as part of the 2010 Annual Meetings - Civil Society Policy ForumNew Rules for Global Finance's Executive Director, Jo Marie Griesgraber has been asked to Chair the Civil Society Town Hall. Show your support to New Rules by coming to the Town Hall Meeting!Date: [...]
Asem-8: Progress On Labour Priorities But Over-Emphasis On Deficit Reduction
Asem-8: Progress On Labour Priorities But Over-Emphasis On Deficit ReductionBrussels, 6 October 2010 (ITUC OnLine): Trade unions have welcomed the section on “Social Cohesion” in the Chair’s statement to conclude the ASEM-8 Summit of 46 Asian and European countries, held in Brussels on 4-5 October.“We welcome the Leaders’ support [...]
TARP Is Gone – But May Soon Be Back
TARP Is Gone – But May Soon Be BackThe Troubled Asset Relief Program, or TARP, is over – more specifically, its legal authority expires on Sunday, so it cannot be used for new “bailout” activities (although legacy programs, with money already disbursed, could last 5 to 10 years.)The first draft of its history, looking back over the [...]
Global Unions call on IFIs to Reject Austerity Programmes and Focus on Job Creation
ITUC OnLine 142/051010Global Unions call on IFIs to reject austerity programmes and focus on job creationBrussels, 5 October 2010 (ITUC OnLine): Concerned by the faltering pace of global economic recovery, which has yet to produce a real recovery for millions of workers and unemployed men and women, the ITUC and its Global Unions partners [...]
Taking Inventory of the Ratings Universe
RATE THE RATERS, PHASE TWO Today SustainAbility releases phase two in our four-part research initiative Rate the Raters. For phase two we inventoried over 100 sustainability ratings and their attributes, and surveyed over 1000 sustainability professionals on their perceptions of ratings.Our analysis identified a number of key findings. For [...]
Shock Therapy for Wall Street: JPMorgan suspends 56,000 Foreclosures; GMAC and BOA Many More
Ellen Brown October 2, 2010 www.webofdebt.com/articles“Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them to work out deals that are to the benefit of everybody.”--Economist Karl E. Case, quoted in the New York TimesThe hits are coming fast and furiously. Major Wall [...]
UN Pleads for Curbing Speculation in Food Commodities
BERLIN (IDN) - The UN Special Rapporteur on the right to food has criticised the European Union (EU) for not acting as boldly as the U.S. and striving to keep in check speculation in food commodities that led to the 2008 global food price crisis, which affects many developing countries to this day. (more...)
