The hidden cost of freezing Russia out of finance

     The hidden cost of freezing Russia out of finance   By Gillian Tett – Financial Times   Instead of having one major cross-border payments system there could eventually be many   This week, a milestone was passed on the road of globalisation. The Society for Worldwide Interbank Financial …

Today’s News: What’s Stalling Switzerland?

  Wednesday, July 2, 2014 From the Global Financial Integrity Blog:   What’s Stalling Switzerland?   How Tax Abuse and Human Rights are More Closely Related Than You Think     The Transfer Pricing Labyrinth   Three Reasons TTIP Needs Transparency                     …

Think Your Money is Safe in an Insured Bank Account? Think Again.

Think Your Money is Safe in an Insured Bank Account? Think Again. Posted on July 5, 2013 by Ellen Brown A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money. When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme …

Lessons of Crisis: Tomas Sedlacek: Economics Without Morality is Doomed

Ethical Markets thanks Advisory Board member, Ambassador Frank Bracho (former Venezuelan Ambassador to India), for finding this gem, Editor, Hazel Henderson http://www.spiegel.de/international/business/0,1518,druck-822981,00.html 03/23/2012 05:45 PM SPIEGEL Interview with Tomas Sedlacek ‘Greed is the Beginning of Everything’ In a SPIEGEL interview, Czech economist Tomas Sedlacek discusses morality in the current crisis …