Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed

  Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed In Frankfurt yesterday I met yesterday with the KFW (Germany’s development bank) Capital Markets team, who ran through their latest latest green bond in USD. A strong result. It’s a follow-up …

Other News: Financial reform: Call to arms

Financial reform: Call to arms   By Martin Wolf – Financial Times   Post-crisis efforts to bolster economies and create safer banks have only preserved a flawed system   The financial crises and the years of economic malaise that followed represent profound failures of the economy and of policy. Above …

UN Member States Receive Report on Finance for Sustainable Development

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 – to …

Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree

Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree Posted on June 20, 2014 by Ellen Brown Finance is the new form of warfare – without the expense of a military overhead and an occupation against unwilling hosts. It is a competition in credit creation to buy foreign resources, real …

BQE: Bilateral Currency Swaps , Planck Foundation

BQE: Bilateral Currency Swaps Ethical Markets  thanks the Planck Foundation for permission to  post this useful new approach –  Hazel Henderson, Editor   BQE: Bilateral Currency Swaps Traditional QE only leads to carry trade (a money flow to high yield / high risk foreign financial markets) and thereby does nothing …

Climate Bonds has posted a new item, ‘AfDB’s long-awaited AAA $500m inaugural green bond is sold out’

Climate Bonds has posted a new item, ‘AfDB’s long-awaited AAA $500m inaugural green bond is sold out‘ The African Development Bank (AfDB) has just issued the 3 year, USD500 million green bond they flagged over Summer; the deal closed yesterday at 14:30 London time. The bond 10% over-subscribed by the close of the half-day …

Climate Bonds: ‘EBRD $250m climate bond closes

Climate Bonds has posted a new item, ‘EBRD $250m climate bond closes / Norway’s REC planning $110m 5yr convertible / We’re looking for climate science-savvy interns’1. That EBRD AAA, 5 year “environmental sustainability” bond I blogged yesterday is out; proceeds go to climate related investments. See the EBRD announcement at http://goo.gl/8HwOBH. …

TBLI Blog: U.S. Bank Legal Bills Exceed $100 Billion

From  Robert Rubinstein, Founder of TBLI , a distinguished member of  Ethical Markets Advisory Board – Hazel Henderson, Editor ____________________________________________________________ ……….TBLIiBLOG……… TBLI CONFERENCE • TBLI CLUB • TBLI CONSULTING • TBLI PARTNERS____________________________________________________________ IN THIS ISSUE ·        Busy Summer 29 Aug 2013 08:36 am | Robert Rubinstein Busy Summer Greetings to you …

GFI: Offshore Phantom Firms A “Hulking Presence” in Divorce Cases

  Monday, August 26, 2013 Offshore Phantom Firms A “Hulking Presence” in Divorce Cases Review of World Bank Sanctions System: A Good Start but Additional Transparency Needed Interactions between Small- and Large-Scale Corruption in China Increasing [Amicable] Cooperation on Offshore Tax Evasion Income Inequality, Wealth, and Illicit Financial Flows in …

Lord Adair Turner on Money Creation and Banks

  Lecture, Cass Business School, February 6, 2013   At a lecture at London’s Cass Business School, Lord Adair Turner broke ranks and called for an end to allowing private banks to create the nation’s money: instead, turning this vital function over to the government as money-creator.  Turner proposed that governments …