Regulators Seek To Limit Bonuses For Risk Taking At Big Banks
Can regulators curb excessive risk taking at firms who put the economy in jeopardy by limiting their executive bonuses? One primary criticism of executives at financial institutions that received a government bailout in 2008 is that they were blinded by…
New Blockchain Initiative Bitland is Putting Land on the Ledger in Ghana
Press Release: New blockchain-based initiative in Africa Bitland aims to stamp out corruption and free up trillions of dollars in locked capital for infrastructure development. May 16, 2016 – Blockchain technology is extremely powerful, offering huge advantages of cost, transparency…
5 Things We Learned This Week: Tech & Science
From the decline of self-identified environmentalists to the drop in honeybee colonies, here are five things we learned in Tech & Science this week. Ransomware’s pernicious reach can affect anyone, and there is little to do once you’re targeted by…
The ‘Brexit’ Referendum Is Already Damaging Britain
Undoubtedly the most pressing issue for the U.K. economy is the impact that uncertainty ahead of the EU referendum is having on activity. Concerns over the referendum have risen, most evident in a spike in uncertainty over public policy (measured…
Zimbabwe’s trillion-dollar note: from worthless paper to hot investment
The trillion dollar question: inflation in Zimbabwe hit 79.6 billion per cent. Photograph: Tsvangirayi Mukwazhi/AP A trillion, by the way, is a million million. There are 12 zeros in a trillion. Add another two to reach the total on the…
The World’s Fasted Cryptocurrency Creditbit Offer Ten Times Faster Transactions Than Bitcoin
Bitcoin Press Release: Creditbit is an open source digital currency protocol which is 10 times better than Bitcoin when it comes to the speed and rate of transactions. Creditbit prepares for mass adoption by offering an user-friendly and secure cryptocurrency…
God, Cocaine, Forgetting: Trump’s New Economic Adviser
The story of the man who might rewrite America’s tax plan if Donald Trump is elected is, as the mogul might say, really, really fantastic, just terrific. It’s a story of God, cocaine, money and forgetting—but maybe not in that…
Hedge Funds Have Taken Puerto Rico Hostage
In February 2014, Puerto Rico’s bonds were declared junk by Standard & Poor’s – that’s the technical term. The following month, the territory sold $3.5 billion of them, mostly to U.S. hedge funds. It was the final deal in a…
Trump’s Plan to Destroy the Dollar
I was up to my eyeballs in stocks. “If I’m wrong, we’re done,” I told my wife. It was February 2009. As the markets were crashing in 2008, I had made an ALL-IN bet on the U.S. stock market going…
Global Debt – Central Banks And The Rise Of Extremism
Global Debt – Central Banks And The Rise Of Extremism by Danielle DiMartino Booth – Money Strong “Those who honor me I will honor.” So read the scripture on a piece of paper slipped into the hand of 1924 gold…