Decisions made in London are hampering bank growth in Africa
Last week, when Old Mutual announced a corporate restructuring, their chairman was very straightforward, saying the usefulness of their group structure had come to an end. He said it was too expensive to keep as one, and with their share…
Shaky Data Leaves Experts Fearful Of Global Recession
American CEOs downgraded their growth expectations for the economy this year and said they are pulling back on hiring as experts remain fearful of a global economic slump. A plurality of corporate leaders expect to cut jobs over the next…
‘Democracy Spring’: Thousands to participate in ‘largest civil disobedience action of the century’
Thousands of protesters are planning a massive, nonviolent civil disobedience campaign, risking arrest to overhaul Congress and “save our democracy.” The campaign is set to begin early next month, and will involve a massive march across the East Coast intended…
How Donald Trump became Adam Smith’s street-fighting man
Despite being an icon of economic liberty, Smith did not think that government intervention was always bad: it depended on the circumstances Furious attacks on Donald Trump’s economic policies from self-declared conservative pundits, think tanks, business leaders and fellow politicians…
Egypt’s currency devaluation and economic malaise
Concerns are intensifying over Egypt’s stumbling economy after the country’s central bank devalued the Egyptian pound by 13 percent this week in an effort to recusitate it. In an attempt to ease a US dollar shortage that has heavily pressured…
Fed & Treasury – Are We Headed Toward A Cashless Society?
Fed Policies – We Are Headed Toward A Cashless Society? by Thomas J. DiLorenzo, Mises Institute In this article, Claudio Grass, Managing Director at Global Gold Switzerland, talks to economist and Mises Institute Senior Fellow Thomas DiLorenzo. This exclusive interview…
Apple To Bolster Its iCloud Encryption
First the iPhone, now iCloud. Apple is strengthening the encryption of its cloud storage service, so that even it wouldn’t be able to access its customers’ iPhone backups, according to unnamed sources speaking to the Wall Street Journal. Apple could…
People who give in to ransomware demands are encouraging attackers
Schwerte, Germany (dpa) – Ransomware trojan viruses like the recent Locky are spreading round the globe and are being encouraged, in effect, by thousands of computer users who cave in to their blackmail demands. Around one-third of the victims of…
GOP Elites Have Only Themselves to Blame for Trump
Ed. Note: GOP billionaires seem content to dump tens of millions of dollars on their corrupt consultants who tell us how to vote. If the establishment can’t figure out that voters are horrified by the mess Obama has gotten us…
Apple Fires Back At FBI
Apple shot back at the Department of Justice on Tuesday in its battle to defend its encryption technology, arguing that the government is attemping to “rewrite history” by treating a centuries old All Writs Act as an “all-powerful magic wand”…