Sunday, April 6, 2014
Monday, March 24, 2014
The recent events in the Ukraine and Russia have exposed the fragility of emerging markets around the world. Yet, as important as these events are from a geopolitical perspective, looking at the global economy China is still what matters most because it has become such a locomotive for the emerging world.
At the beginning of the year George Soros said that China's economy might be the crisis of 2014. This sentiment took hold in the financial markets, helping to trigger the break in emerging market currencies and stock markets in January and early February, which had a contagious effect on the global financial market as a whole.
Posted by nickglais at 9:06 AM
Thursday, March 20, 2014
Thursday, March 6, 2014
Sergei Glazyev if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks.
President Obama has ignored this warning from Russia and has issued an Executive Order to punish Russian Nationals Today.
(Reuters) - A Kremlin aide was quoted on Tuesday as saying that if the United States were to impose sanctions on Russia over Ukraine, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to U.S. banks.
Sergei Glazyev, who is often used by the authorities to stake out a hardline stance but does not make policy, was cited by RIA news agency as saying Moscow could recommend that all holders of U.S. treasuries sell them if Washington freezes the U.S.. accounts of Russian businesses and individuals.
The U.S. Senate Foreign Relations Committee is preparing legislation to provide support to Ukraine and consulting the Obama administration on possible sanctions against individual Russians, the committee's chairman said on Monday.
The committee was also consulting with President Barack Obama's administration on possible sanctions against individuals ranging from visa bans and asset freezes to suspending military cooperation and sales, as well as economic sanctions.
"In the instance of sanctions being applied to stated institutions, we will have to declare the impossibility of returning those loans which were given to Russian institutions by U.S. banks," RIA quoted Glazyev as saying.
"We will have to move into other currencies, create our own settlement system."
He added: "We have excellent trade and economic relations with our partners in the east and south and we will find a way to reduce to nothing our financial dependence on the United States but even get out of the sanctions with a big profit to ourselves."
Posted by nickglais at 1:03 PM
Tuesday, February 4, 2014
Saturday, December 14, 2013
Thursday, November 28, 2013
Wednesday, November 27, 2013
A new report details how corporations are increasingly spying on nonprofit groups they regard as potential threats.
The corporate watchdog organization Essential Information found a diverse groups of nonprofits have been targeted with espionage, including environmental, antiwar, public interest, consumer safety, pesticide reform, gun control, social justice, animal rights and arms control groups.
The corporations carrying out the spying include the U.S. Chamber of Commerce, Wal-Mart, Monsanto, Bank of America, Dow Chemical, Kraft, Coca-Cola, Chevron, Burger King, McDonald's, Shell, BP, and others. According to the report, these corporations employ former CIA, National Security Agency and FBI agents to engage in private surveillance work, which is often illegal in nature but rarely -- if ever -- prosecuted.
Gary Ruskin, author of the report, "Spooky Business: Corporate Espionage Against Nonprofit Organizations," and director of the Center for Corporate Policy, a project of Essential Information.
Posted by nickglais at 8:54 AM
Friday, November 22, 2013
Patrick Bond: Developing countries and green groups must evaluate if walkouts are the best way to get rich countries to address climate change
Posted by nickglais at 1:47 PM
Thursday, November 14, 2013
TPP Exposed: WikiLeaks Publishes Secret Trade Text to Rewrite Copyright Laws, Limit Internet Freedom
Political Economy Research says get past the CATO crap in the first few minutes and listen to Lori Wallach and think about what she is saying.
If you do not know anything about TPP watch the video at the bottom of this text first and the top video last.
WikiLeaks has published the secret text to part of the biggest U.S. trade deal in history, the Trans-Pacific Partnership (TPP).
For the past several years, the United States and 12 Pacific Rim nations have been negotiating behind closed doors on the sweeping agreement.
A 95-page draft of a TPP chapter released by WikiLeaks on Wednesday details agreements relating to patents, copyright, trademarks and industrial design -- showing their wide-reaching implications for internet services, civil liberties, publishing rights,and medicine accessibility.
Critics say the deal could rewrite U.S. laws on intellectual property rights, product safety and environmental regulations, while backers say it will help create jobs and boost the economy.
President Obama and U.S. trade representative Michael Froman reportedly wish to finalize the TPP by the end of the year and are pushing Congress to expedite legislation that grants the president something called "fast-track authority."
However, this week some 151 House Democrats and 23 Republicans wrote letters to the administration saying they are unwilling to give the president free reign to "diplomatically legislate."
We host a debate on the TPP between Bill Watson, a trade policy analyst at the Cato Institute, and Lori Wallach, director of Public Citizen's Global Trade Watch.
For a long time now there has been concern about the Trans Pacific Partnership Agreement and what it might mean for intellectual property laws and online rights but little is known about the negotiations for the treaty because talks are being held in secret.
However, WikiLeaks managed to obtain and release the chapter of the agreement concerning IP and people who've been following the talks are more worried than ever.
We spoke to journalist, writer and author of Rebel Code, Glyn Moody about just what the TPP is and the potential consequences of it being signed
Posted by nickglais at 2:52 PM