By Andre Damon, December 22, 2012
Not only has the Libor swindle exposed the criminality of the banks, it has laid bare the nexus of corruption and complicity involving governments and financial regulators the world over.
By Barry Grey, December 13, 2012
The financial mafia that bestrides the American economy and controls the political system is, in practice, above the law.
By Deepal Jayasekera, December 13, 2012
Last week’s debate and vote on opening India to Walmart and other giant retailers has underscored the support of all sections of India’s political establishment for big business’ economic agenda.
By Ernst Wolff, December 11, 2012
A New York court ordered Argentina to settle debts totalling $1.33 billion with hedge fund NML Capital by December 15.
By Stefan Steinberg, December 10, 2012
Discussions between European Union finance ministers on the formation of a banking union for the euro zone broke down last Tuesday.
By James Brewer, December 6, 2012
Citigroup’s announcement of global layoffs, the first step in the restructuring plan of its new CEO, was met with enthusiasm by investors.
By Bryan Dyne, November 29, 2012
In its most recent report, the Organization for Economic Cooperation and Development revised its forecast for the world economy, sharply cutting projections and warning of the possibility of a “deep recession and deflation.”
By Keith Jones, November 29, 2012
An Ontario Superior Court judge has ordered Toronto Mayor Rob Ford to vacate the office on December 10 after finding him guilty on conflict of interest charges.
By Alex Lantier, November 23, 2012
On November 19, the credit rating agency Moody’s downgraded France’s sovereign debt by one notch from Aaa, the top rating, to Aa1.
By Nick Beams, November 23, 2012
China and India will not be able to provide the basis for a new period of global growth
By John Chan, November 23, 2012
International and local business elites are pressing for a new round of economic restructuring in China, especially targeting state enterprises.
By Peter Symonds, November 22, 2012
Obama’s pivot to Asia is part of a comprehensive campaign to maintain US dominance in Asia on every front—diplomatic, economic and strategic.