Saturday, April 18, 2015

Money News

Residents of the Badia East slum in Lagos, who were evicted last year when the area was razed to make way for a World Bank-funded project.

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The World Bank has repeatedly violated its own policies on protecting the rights of indigenous people by funding projects that forced nearly 3.4 million...

April 16, 2015. British farmer John Kopiski, Russian citizen since 1997, during the annual Direct Line with Vladimir Putin special broadcast in the main studio of Moscow

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An expat Englishman, who runs a farm not far from Moscow, has grilled the Russian president and asked where Putin gets his statistics. The farmer...

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Big business has made it a habit to privatize profits and socialize disasters. It's time to put an end to their destructive pattern of...

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A union-supported activist group known as the Hedge Clippers disrupted a hedge fund conference in Manhattan on Monday to call out financial investors they...

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The growth of food banks is directly linked to benefit cuts such as sanctions. It blows a hole in David Cameron’s claim that the huge...

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Intense lobbying of regulators, many of them veterans of the industry themselves, helped ensure that practices the Dodd-Frank law was meant to stop would...

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If you follow international news you will be accustomed to headlines announcing that world leaders have succeeded in cutting global poverty in half over...

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Chris Hedges All attempts to reform mass incarceration through the traditional mechanisms of electoral politics, the courts and state and federal legislatures are useless. Corporations,...

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Over a decade ago, Dollars & Sense published the article “Genetic Engineering and the Privatization of Seeds,” by Anuradha Mittal and Peter Rossett, on...

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When you are faced with the task of moving an object but find it is too heavy to lift, what is your immediate and...

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As usual, Republicans are doing everything in their power to help the 1% get even richer. Republicans on the House Ways and Means Committee, led...

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America, without question, is drowning in a sea of debt, barely holding its head above water. There is the massive national debt of the...

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Paul Buchheit The distorted belief that wealthy individuals and corporations are job creators has led to sizeable business subsidies and tax breaks. The biggest giveaway is...

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Wall Street declined, while the US dollar regained its footing following Wednesday’s tumble, as investors reposition in the wake of the Federal Reserve’s latest...

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Chuck Collins There’s a generational time-bomb ticking — and the student debt crisis is the trip wire. Adults under 35 disproportionately bear the brunt of escalating...

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President Obama is currently pressing members of Congress to pass Fast Track authority for a trade and investment agreement called the Trans Pacific Partnership...

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Thanks to three years of organizing, 500,000 Walmart workers will soon get a raise. Scott Klinger Over the last three years, strikes and pickets by Walmart’s...

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Joseph Kishore The combined net worth of the world’s billionaires has reached a new high in 2015 of $7.05 trillion, according to the latest compilation...

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This piece was reprinted by RINF Alternative News with permission or license. The contracts with Russia’s biggest oil company Rosneft damaged by the West’s anti-Russian...

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This piece was reprinted by RINF Alternative News with permission or license. The path to a more equal world is steep, but the signposts are clearly...

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This piece was reprinted by RINF Alternative News with permission or license. Fast-food chain McDonald’s has been accused of avoiding over €1 billion in European...

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This piece was reprinted by RINF Alternative News with permission or license. The US Department of Justice is in the early stages of an investigation...

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Thirty-seven percent of Americans have credit card debt that equals or is greater than their emergency savings, according to a new survey, leaving them...

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Bonuses paid by financial firms since the onslaught of the financial crisis will surpass £100 billion in 2015. Campaigners warn that Britain’s finance sector...

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Paul Buchheit, Common Dreams This piece was reprinted by RINF Alternative News with permission or license. That estimate is based on facts, not the conservative-style emotion that might deny...

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Life is cheaper for the rich. That holds for many reasons – not being saddled with personal debt, for example – but being able...

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Andre Damon On Sunday, international news outlets the Guardian and Le Monde, working with the International Consortium of Investigative Journalists (ICIJ), published articles based on...

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Bill and Melinda Gates just released their annual letter, "Our Big Bet for the Future," with their thoughts on the current state of global poverty...

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The Trans-Pacific Partnership (TPP) is the largest--and worst--trade deal you've never heard of and Republicans in Congress want to work with the Obama administration...

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The Bank of England governor, Mark Carney, has launched a strong attack on austerity in the eurozone as he warned that he single-currency area...

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Europe won the Cold War. Not long after the Berlin Wall fell a quarter of a century ago, the Soviet Union collapsed, the United States...

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Reprinted with permission of Washingtons Blog The policy of safeguarding Boomer benefits with asset bubbles will lead to the destruction of the unprepared, the unwary...

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There is no real argument over whether the nation needs to do more to improve its infrastructure – its transportation, water, power and information...

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On Sunday the leader of radical leftist Syriza party, Alexis Tsipras, promised to end five years of austerity, “humiliation and suffering” imposed by international...

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Charles Hugh Smith Rather than being the Monster Under the Bed in central bank nightmares, deflation is the natural result of a competitive economy experiencing...

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Ultimately, this article is written for individuals who are naive enough to believe that 2015 will look and feel like 2014. The banksters have...

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Nozomi Hayase In late 2010, political activist John Perry Barlow tweeted: “The first serious info-war is now engaged. The field of battle is WikiLeaks. You...

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The IRS faces a number of hurdles before its new regulations for social welfare nonprofits can be finalized, including potential opposition from Congress. Theodoric Meyer,...

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The Dot-Com darling Uber has been getting quite a bit of critical press lately, and deservedly so. Uber is a start-up company that connects...

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It is being said today’s FOMC announcement is “the most important of Yellen’s tenure”, I could not disagree more.  In the past I have...

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New analysis from Pew Research Center finds that economic gains of the wealthiest continue to soar as the middle-class and low-income families face chronic...

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Michelle Chen In this uncertain economy, whether you think the glass is half full or half empty, you probably take for granted the fact you...

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Reprinted with permission from Washingtons Blog The 2% target is low enough that the household frogs in the kettle of hot water never realize they’re...

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Many who will read this work have been sitting patiently waiting for the house of cards to collapse.  For me personally, I confess the...

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Steven MacMillan Today’s world is increasingly becoming dominated by private special interests and multinational corporations who usurp political systems around the world, creating vast wealth...

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A new leak of confidential documents expands the list of big companies seeking secret tax deals in Luxembourg, exposing tax-saving maneuvers by American entertainment...

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The typical American is even poorer than his or her equivalent in Greece. The median Australian is four times wealthier. The Canadians are twice...

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Richard D. Wolff Wage growth in the world slowed to an average of 2 percent in 2013. That was less than in 2012 and far...

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Dean Baker Wow, some things are really hard for elite media types to understand. In his column in the Washington Post, Richard Cohen struggles with...

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The Organization for Economic Cooperation and Development reports that large multinational corporations, led by top managers, are behind majority of documented bribery cases Sarah Lazare Large...

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As the holiday season draws nearer, it is nice to know that a present for all Americans and future generations is building as the...

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Debunking the Stubborn Myth that War Is Good for the Economy About.com notes: One of the more enduring myths in Western society is that wars are...

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No, We CAN’T Inflate Our Way Out of a Debt Trap Top mainstream economists have pushed the theory that we can inflate our way out...

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Mike Whitney  RINF Alternative News “The Fed’s ‘need’ to take on an even more active role as foreigners further slow the purchases of our paper is...

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The Federal Reserve’s doors have been open for “business” for one hundred years. In explaining the creation of this money-making machine (pun intended —...

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