Below you'll find a list of all posts that have been tagged as “Reuters”
Washington must be getting nervous with the latest announcement from Iran’s state-owned oil company, the National Iranian Oil CO (NIOC) which declared that Iran will replace US dollars with Euros for its oil trades according to a Reuter’s news article titled ‘Exclusive: Iran wants euro payment for new and outstanding oil sales – source’. Iran wants something (well almost anything) to bypass the US …
Controlled Press, Out-of-Control Pollution and Corruption How do we know what we know about China? Tens of billions of dollars are invested in China’s markets and manufacturing sector based on government-generated statistics whose accuracy is—and should be — widely questioned. Under China’s authoritarian power structure, the media, including the Internet, is tightly controlled. The most professional-appearing media outlets with the …
To justify U.S. “regime changes,” the U.S. government has routinely spread rumors and made other dubious claims which – even when later doubted or debunked – are left in place indefinitely as corrosive propaganda, eating away at the image of various “enemies” and deforming public opinion. Even though this discredited propaganda can have a long half-life – continuing to contaminate …
In the northern heart of Libya sits the town of Sirte. It is the hometown of Muammar Gaddafi, who was killed there by local militiamen after a NATO missile stopped his convoy on their behalf. A militia group from the western town of Misrata had taken control of the town, much to the annoyance of the local population. Local officials …
New York, NY – A class action lawsuit, filed last week, accuses two trading platforms and ten of Wall Street’s largest megabanks of conspiring to stifle competition in the $320 trillion dollar derivatives market for interest rate swaps. The lawsuit claims the banks “have been able to extract billions of dollars in monopoly rents, year after year, from the class …
On Oct. 1, 1964, hundreds of University of California-Berkeley students surrounded a police car to protest the arrest of a student. Students stood on top of the car to deliver speeches and sing, “We Shall Overcome,” to a crowd that grew to include roughly two thousand students. Years later, on Nov. 21, 2013, students gathered in Saint Louis University’s student …
As a way to improve living standards and boosts its economy, the nation of Finland is moving closer towards offering all of its adult citizens a basic permanent income of approximately 800 euros per month. “Basic income would increase everybody’s capacity to cope with financial shocks and uncertainties and would improve general quality of life, while supporting many different kinds …
As the 2016 presidential campaign season hits full stride with hundreds of millions of dollars pouring in from outside funding groups, democracy reformers are zeroing in on the one person they say could stem the flow of money into electoral politics: U.S. President Barack Obama. “President Obama has no one to blame but himself for his failing legacy on money …
Solartopia is today invaded by the utter insanity of Ohio’s Public Utilities Commission, whose staff is recommending (this is not a typo) that ratepayers be gouged $4 billion to subsidize continued operation of the Davis-Besse nuke and several coal burners between the ages of 40 and 60 years old.
We hear from the incomparable atomic expert KEVIN KAMPS of BEYOND NUCLEAR who dissects the terrifying physical condition of the Davis-Besse nuke, which is literally crumbling before our eyes, And from SHANNON FISK of EARTHJUSTICE which is representing the SIERRA CLUB in litigation against this insane mega-robbery.
Suffice it to say the level of sheer cynicism comprised in this proposed bail-out defies description.
We then hear from world-renowned CARBON TAX advocate Charles Komanoff, who explains how a levy on the burning of fossil fuels can help us right the CLIMATE CHAOS destroying our ability to survive on this Earth.
If you intend to survive on this planet, this is an action-packed, fact filled reality show you can’t afford to miss.
It’s that time of year again, when every sellside macro strategist peers into his or her crystal ball in a completely futile effort to predict the direction the global economy economy will take in the year ahead. As everyone knows, the only thing more difficult than forecasting the weather is forecasting economic outcomes (economics is, after all, merely a pseudoscience …
