A Look into the Future: The World Economic Forum’s Top Ten Technologies
At this year’s Annual Meeting of the New Champions, hosted by the World Economic Forum in Tianjin, China, the Meta-Council on Emerging Technologies choose the top ten technologies of 2016, based on their potential to transform industry and society. A…
TransCanada Files Lawsuit Against US Under NAFTA Rules Claiming Over $15 Billion In Damages For Keystone XL Rejection
The foreign oil firm TransCanada has filed a lawsuit against the US government under NAFTA rules seeking $15 billion in compensation for the rejection of the Keystone XL pipeline project. To put that in plain language, a foreign corporation is…
Panama Papers reveal yet another secretive aspect of hedge funds
NEW YORK — The kinds of secret offshore companies that have hidden political corruption and tax evasion around the world are often used by Wall Street’s biggest money makers — the $2 trillion hedge fund industry. The now-famous Panama Papers…
Big Coal Spent $95M On Lobbying Before Bankruptcy?
Bloomberg has an indictment for you: Five coal-mining companies spent $95 million to lobby U.S. lawmakers and more than half a billion dollars on salaries for top executives in the decade before they filed for bankruptcy, according to a report…
Brazil freezes $6 million in Facebook assets over noncompliance
Brazilian authorities recently froze roughly $6 million worth of Facebook’s assets after a subsidiary of the social network refused to provide investigators with encrypted messages. A federal court in the Brazilian state of Paraná agreed Thursday to put a hold…
Fed’s Unintended Impact On Income Inequality
Karen Shaw Petrou’s memorandum to the Federal Financial Analytics clients on the fed’s unintended impact on income inequality. TO: Federal Financial Analytics Clients FROM: Karen Shaw Petrou DATE: July 1, 2016 Fed’s Unintended Impact On Income Inequality All too often,…
Here’s the Next Big Story on Climate Change
This story was originally published by Mother Jones and is reproduced here as part of the Climate Desk collaboration. Last December, the climate summit in Paris offered journalists an unprecedented opportunity to reframe the global warming story. Climate reporting used…
Obama advances stealth plan to pass TPP
Flags of nations participating in TPP NEW YORK – The Obama administration is betting on a stealth plan to secure final passage of the massive Trans-Pacific Partnership, or TPP, before Obama leaves office by pushing the bill through Congress in…
Druckenmiller, Soros, Spitznagel, Gross Warn Of Crisis
By the Independent Trader Brexit referendum pushed financial markets into turmoil. Even if this is only the beginning of tough times the main reason behind this is definitely not the result of the UK referendum. What we see today is…
$160 Billion in Fines Levied Since ’08 Financial Crash
This article originally appeared on the International Business Times. In the eight years since the 2008 financial crisis rocked markets and sent world economies into a downward spiral, many of the big banks that came to be seen as the…