Category: Finance & Economy

TTIP: The most dangerous weapon in the hands of the fossil fuel industry

According to the UN, 35% of all ISDS cases in which corporations are suing governments are related to climate change. In 2014, half of the new ISDS cases targeted policies affecting oil and gas extraction, mining, or power generatio

July 27, 2016
In-depth topic: Investor State Dispute Settlement (ISDS)

Celebrating Uruguay’s ISDS Victory Over Philip Morris?

While it is indeed comforting to learn that Uruguay has won its ISDS arbitration case against Philip Morris, a deeper, more fundamental question remains unanswered.

July 18, 2016
In-depth topic: Investor State Dispute Settlement (ISDS)

European Banking Crisis Season 2 Is At Hand

With Brexit serving as the catalyst, Season 2 of the European banking crisis may be about to unfold.

July 7, 2016
In-depth topic: Monetary reset

Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits”

Under the cover of market turbulance as a result of Brexit, Italy/EU injected €40 into its banking secor and also tossed in a €150 billion (US $166 billion) of guarantees in their latest effort in preventing a bank run on Italian banks.

July 3, 2016
In-depth topic: Bank bail-in

European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks

Two days of breathtaking losses for the European banking shares after Brexit clearly shows the fragility of the banking sector there. Brexit is just one of the many possible triggers causing another banking crisis to flare-up.

June 27, 2016
In-depth topic: Bank bail-in

Canadian Bank Derivatives Exposures – 2016 Q1 update

In light of the recent bank bail-in legislation introduced by the Canadian government, here’s an update on how much the big 5 Canadian banks are exposed to derivatives, those toxic financial instruments of mass destruction which blew up the financial world in 2008 had it been not for the governments using massive public money to bail out the private banks.

June 11, 2016
In-depth topic: Bank bail-in

India Seeks To Renegotiate 47 Investment Treaties Because Of Their Corporate Sovereignty Clauses

Following the footsteps of South Africa and Bolivia, India is the next country trying to re-negotiate or cancel a large number of treaties with ISDS provisions.

June 7, 2016
In-depth topic: Investor State Dispute Settlement (ISDS)

The Case For A Super Glass-Steagall

The time of re-introducing Glass-Steagall to separate commercial and investment banking has long passed, but it is still not too late.

June 5, 2016
In-depth topic: Monetary reset

Peak Debt Part 3: Corporate debt

Part 3 of the peak debt series examines the state of corporate debt, how it is used and where it is heading.

June 1, 2016
In-depth topic: Peak debt

Mutiny Among The “Magic People” – India Central Banker Admits “The Ammo Is Almost Gone”

A rare moment of clarity from a lesser god: head of India’s central bank admits central banks and governments of rich countries are running out of ammunition for stimulating their economies… but they can never admit as much.

May 16, 2016
In-depth topic: Monetary reset