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

Jay OwenReforming Global Finance

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 …

Scolding with One Hand and Bribing with the Other

Jay OwenSRI/ESG News

     Scolding with One Hand and Bribing with the Other By Thalif Deen May 8 2013 (IPS) – When a Southeast Asian country was riddled with corruption in a bygone era, there were rumours that government officials routinely offered receipts every time they accepted a bribe. Last week, Hamid Karzai, the …

The Battle of Markets Vs. Governments

kristyReforming Global Finance

June 15, 2012 The Battle of Markets Vs. Governments In light of the momentous events in financial markets this week, we present a special series of essays by Ravi Menon, managing director of the Monetary Authority of Singapore, the country’s central bank. He has a dual message for would-be reformers: …

People Power Pushes Mubarak Out

kristyGlobal Citizen

“Other News” is a personal initiative seeking to provide information that should be in the media but is not, because of commercial criteria. It welcomes contributions from everybody. Work areas include information on global issues, north-south relations, governance of globalization. Roberto Savio //Reproduction in whole or in part without permission …