Press Release: Oil transparency must underpin negotiations over Libya’s future

Ethical Markets Reforming Global Finance, SRI/ESG News

—from BankTrack member Global Witness— London, 31st August, Transparency of Libya’s oil wealth must be a key priority of Thursday’s negotiations over the country’s future, said Global Witness today. The meeting, which is to be co-chaired by UK Prime Minister David Cameron and France’s President, Nicholas Sarkozy, could mark a …

French bank becomes the first to introduce Tobin Tax

kristy Reforming Global Finance

French bank becomes the first to introduce Tobin Tax Banks says tax will raise €100,000 per annum for Millennium Development Goals This step is very significant. It tells us that it has now made sense to a bank to introduce a Tobin tax on its own. Of course, the amount …

Grossly Distorted Picture: GDP Still Misleading

Ethical Markets - R Articles by Hazel Henderson, Beyond GDP

Grossly Distorted Picture: GDP Still Misleading Governments, Banks and Investors by Omitting Asset Accounts By Hazel Henderson, for CSRWire Talkback The GDP results, however revised for the final quarter of 2010, will remain unreliable in charting recovery and progress in Europe, the USA and most other countries. GDP is now …