Only a broad-based financial transaction tax will be effective

Jay OwenReforming Global Finance

Only a broad-based financial transaction tax will be effective SULEIKA REINERS 26 April 2014 A well constituted financial transaction tax (FTT, or Tobin tax) can not only reduce levels of inequality but also curb some of the destructive elements of financial activity and make a positive contribution to economic growth. Just …

Other News: Edward Snowden and Financial Speculation Taxes

Jay OwenReforming Global Finance

     Edward Snowden and Financial Speculation Taxes   Dean Baker* – The Huffington Post   In the last few weeks Edward Snowden has been holed in Moscow’s airport trying to negotiate terms of asylum with various countries around the world. Thus far it doesn’t seem that Snowden has been …

Betting on Hunger: Is Financial Speculation to Blame for High Food Prices?

Ethical MarketsReforming Global Finance

We at Ethical Markets agreed with this  analysis by Prof Bar-Yam and his team at NECSI and we are fortunate that Dr. Bar-Yam is a member of our Advisory Board, Hazel Henderson, Editor Remember the food crisis of 2007 and 2008, when rapid and extreme increases in global food prices …

A deepening systemic crisis and rising social response

kristyReforming Global Finance, SRI/ESG News

A deepening systemic crisis and rising social response In the third quarter of 2012, several climate records were broken, in the US, India, the Arctic and many other parts of the world. The economic crisis has gotten worse in Europe and has begun to knock on the doors of the …

G20 told voters want banks to put something back into the global economy

kristyReforming Global Finance

INTERNATIONAL TRADE UNION CONFEDERATION (ITUC) 085/180612 ITUC OnLine G20 told voters want banks to put something back into the global economy. Global poll shows 63% support Financial Transactions Tax Strongest support found in France 88 %, Germany 82%, UK 76 %, USA 63% Los Cabos, Mexico, 18 June 2012 (ITUC …

Un Trade Report: Rise In Natural Resources Prices Appears To Be

kristySRI/ESG News, Sustainability News

UN TRADE REPORT: RISE IN NATURAL RESOURCES PRICES APPEARS TO BE HURTING POOR NATIONS New York, Apr 23 2012 3:05PM A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs …

Taxing Wall Street Speculation

kristyReforming Global Finance

Ethical Markets also supports the financial transactions tax since 1995! Nice it’s now gaining traction globally! Hazel Henderson, Editor Taxing Wall Street Speculation There’s Another, Better Way To Go After the 1 Percent Than the Obama Administration’s Proposed “Buffett Rule.” by Wallace Turbeville As the White House mounts a major …

ITUC OnLine: UN Rio+20 Summit Must Deliver on Jobs, Poverty and the Environment

kristyGreen Prosperity

INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 201/281011 UN Rio+20 Summit Must Deliver on Jobs, Poverty and the Environment Brussels/New York, 27 October 2011(ITUC OnLine): With precarious jobs, unemployment and inequalities rising around the world, the international labour movement today formally tabled its proposals < http://www.ituc-csi.org/rio-20-trade-unions-submit-their.html>to the secretariat of the sustainable …

Bloomberg Doesn’t Like Financial Speculation Taxes and Is Prepared To Make Stuff Up to Make Its Case

kristyReforming Global Finance

Bloomberg Doesn’t Like Financial Speculation Taxes and Is Prepared To Make Stuff Up to Make Its Case Dean Baker Thursday, 29 September 2011 14:36 Bloomberg News Service really doesn’t like financial speculation taxes (FST). In fact it dislikes them so much that it is prepared to make things up to …

Why Don’t the Deficit Hawks Want to Tax Wall Street?

kristyReforming Global Finance

Why Don’t the Deficit Hawks Want to Tax Wall Street? by deanbaker1 from Dean Baker The intensity with which the country’s leading deficit hawks continue to ignore financial speculation taxes (FST) is getting ever more entertaining. While deficit hawks like Wall Street investment banker Peter Peterson, Morgan Stanley director Erskine …