Prison rates in the US are the world’s highest, at 724 people per 100,000. In Russia the rate is 581. At 145 per 100,000, the imprisonment rate of England and Wales is at about the midpoint worldwide. Many of the lowest rates are in developing countries, but overcrowding can be a serious problem. Kenyan prisons have an occupancy level of …
F. William Engdahl – Interest Free Banking: Russia Debates Unorthodox Orthodox Financial Alternative
A significant debate is underway in Russia since imposition of western financial sanctions on Russian banks and corporations in 2014. It’s about a proposal presented by the Moscow Patriarchate of the Orthodox Church. The proposal, which resembles Islamic interest-free banking models in many respects, was first unveiled in December 2014 at the depth of the Ruble crisis and oil price …