Economics

It may sound like a joke as Watford is not a very glamorous place. But the meeting is taking place in a expensive countryside manor house/hotel, with all the luxury its rich and powerful members are accustomed to. They do…

Who is the Troika? A year ago few knew the answer to this question. We knew it by reference, to its stay in Greece, and it wasn’t good. The Troika was synonymous with austerity, adjustment and cuts, hardship, hunger and…

The European commission is investigating BP and Shell for alleged oil price manipulation in spite of a British regulator giving the petrol market a clean bill of health only four months ago. According to The Guardian ‘BP, Shell and the…

The Robin Hood Tax, aka Financial Transaction Tax (FTT) or Tobin Tax was first proposed by John Maynard Keynes among others around 1936. Its purpose was to develop fairer taxation and curb speculation (today particularly relevant to rapid short-term currency…

Further to the Pressenza report on Mohammed Yunus call to the West to help make the clothes industry safer after nearly 1200 died in the collapse of a factory building, an international agreement has been signed by several companies to…

Here are a few facts: 1) In the postwar period, the amount of money that Wall Street dealt with every year represented approximately 15 percent of the US GDP. In 1975 it was 17 percent, at the end of the…

In an increasingly interconnected world where trillions of dollars worth of goods and services are traded annually, the rapidly expanding market for low-carbon and environmentally friendly products will create new opportunities, the United Nations environmental agency today reported. The report, Green…

We have been led to believe that consumer power can modify the unethical behaviour of big corporations (may be it can, in a small way) and promote a better society. The difficulty is in knowing what the manufacturers of the…

A number of British overseas territories that function as Tax Havens have agreed to a higher level of transparency opening their books to the UK, France, Germany, Italy and Spain. “In a statement, the [UK] Treasury said that Anguilla, Bermuda,…

By Marta Molina April 29, 2013 To commit an act of civil disobedience requires one to let go of their fear, understand their enemy and their enemy’s power. It must be rooted in good strategy and be supported by an…