Today’s Stories from GFI: Heads of UN, World Bank, WHO explicitly reference Illicit Financial Flows as Part of Develeopment Solutions

  July 13, 2015 Latest GFI Blogs GFI Engages, Second Quarter 2015 Norway Latest Country to Adopt Public Registry of Beneficial Ownership Illicit Flows in the Poorest of Places What’s Going to Happen to the FIFA Forfeiture Money? Can FIFA Victims Sue for Damages? FIFA: The Bribery Case with No …

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 …

Bretton Woods Bulletin 1 September 2014: World Bank on gender: walking the equality talk?

Email View   The Bretton Woods Project has just published the new Bretton Woods Bulletin September 2014. WEB VERSION GENDER analysis KNOWLEDGE | news Who’s poor? New estimates led to halving of World Bank’s poverty numbers A May World Bank-led statistical operation has used a new method to estimate purchasing power …

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 …

Getting Energy Prices Right: From Principle to Practice

Ethical Markets has campaigned for 30  years to  get all externalities internalized within company and  public sector balance sheets. We salute the IMF for this report  and  I hope to review the full volume soonest. Hazel Henderson,Editor   Previous IMF studies set forth the basic principle that getting energy prices …

BRICS – The End of Western Dominance of the Global Financial and Economic Order

BRICS – The End of Western Dominance of the Global Financial and Economic Order   By Shyam Saran*   NEW DELHI, Jul 2014 (IPS) – The sixth BRICS Summit which has just ended in Brazil marks the transition of a grouping based hitherto on shared concerns to one based on …

You Can’t Taper a Ponzi Scheme: Time to Reboot

One thing to be said for the women now heading the Federal Reserve and the IMF: compared to some of their predecessors, they are refreshingly honest. The Wall Street Journal reported on July 2nd: Two of the world’s most powerful women of finance sat down for a lengthy discussion Wednesday on the …

OTHER NEWS: Move over, big brother

Move over, big brother Amitav Acharya – The Hindu The western media has been dismissive of the BRICS move to set up a bank, but such cynicism misses the larger picture — the end of western hegemony and the rise of the multiplex world For the first time since its …

BRICS to launch World Bank and IMF rivals

With thanks to  our Advisory Board member,  author/economist,Frank Bracho, Venezuela ‘s former ambassador to  India ~ Hazel Henderson, Editor Americas BRICS to launch World Bank and IMF rivals Russia and Brazil throw weight behind proposal to rival Western-run institutions, a day before summit in Fortaleza. Last updated: 15 Jul 2014 …

FTC Newsletter – April – June 2014: The stakes are high!

Berlin Brussels Lima London Nairobi New Delhi Washington     Dear friends, When compiling our latest newsletter, we realized just how eventful the last three months have been. From the Indian government’s creation of a task force to investigate offshore accounts to the Queen of England’s speech announcing the UK’s …