Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Friday, 31 August 2018
Dirk Müller: So werden wir von den Eliten geplündert – exklusives Interview | #missionmoney
Labels:
Aktien,
Demokratie,
Dirk Müller,
Fonds,
Mission Money
Thilo Sarrazin: Deswegen macht uns der Euro alle ärmer | #missionmoney
Thilo Sarrazin: Was für unser Land alles auf dem Spiel steht | #missionmoney
Neues Sarrazin-Buch: Feindliche Übernahme: Wie der Islam den Fortschritt behindert und die Gesellschaft bedroht »
Labels:
Deutschland,
Migranten,
Mission Money,
Thilo Sarrazin
Saturday, 25 August 2018
Will a Saudi Aramco IPO Ever Happen? | Inside Story
Media reports say the initial public offering has been postponed indefinitely. But the Saudi government has disputed this. Energy Minister Khalid al-Falih says the government is committed to conducting the IPO, at the 'appropriate circumstances and time'.
The plan to float around five percent of the oil company was expected to be the world's largest stock sale; and it lies at the heart of Crown Prince Mohammed Bin Salman's vision to transform the economy.
So, where does this leave Saudi Arabia's efforts to raise money and diversify its economy?
Presenter: Richelle Carey | Guests: Mahjoub Zweiri - Professor in Contemporary History of the Middle East at Qatar University; Mohammed Cherkaoui - Professor of Conflict Resolution at George Mason University; James Dorsey - Senior Fellow at the S. Rajaratnam School of International Studies at Nanyang Technological University
Labels:
Aramco,
Inside Story,
IPO,
MBS,
Saudi Arabia,
stock market
Thursday, 23 August 2018
Saudi Cancels Plan to Sell Shares of State Oil Company Aramco
Labels:
Aramco,
Saudi Arabia
UK to Release Plan on Avoiding Economic Collapse without Brexit Deal | Al Jazeera English
Greece Exits Its Bailout but Remains Shackled by Debt and Austerity
Labels:
Greece,
Greek austerity,
Greek debt
Wednesday, 22 August 2018
Can Venezuela Recover from Its Financial Crisis? | Inside Story
President Nicolás Maduro blames it on what he calls an “economic war” against his country. His critics say widespread corruption and the government's mismanagement are responsible.
In an attempt to solve the problem, the government has introduced a plan to curb hyperinflation. There's a new currency, the 'SOVEREIGN BOLIVAR', which will remove five zeroes from banknotes. It's backed by a crypto-currency, the Petro, that's pegged to the price of oil. The government is also raising the minimum wage by 3000 percent, raising taxes and increasing petrol prices for some drivers.
How are Venezuelans reacting to the new measures?
Presenter: Mohammed Jamjoom | Guests: Paul Dobson, journalist; Sonia Schott, Latin America analyst; Charles Shapiro, Former US Ambassador to Venezuela
Labels:
financial crisis,
Inside Story,
Venezuela
Monday, 20 August 2018
Friday, 17 August 2018
Sen. Bernie Sanders Says GOP Is "Bankrupt Intellectually"
Labels:
Bernie Sanders,
GOP
Posen Discusses the Damage of Brexit to the British Economy
Labels:
Adam Posen,
Brexit,
EU,
single market,
UK economy
Turkey's Currency Crisis Spreads Globally | Al Jazeera English
Labels:
currency crisis,
Turkey,
Turkish lira,
USA
Sunday, 12 August 2018
Trump Continues Trade War with Turkey
Labels:
Donald Trump,
tariffs,
trade war,
Turkey
Saturday, 11 August 2018
Thursday, 9 August 2018
Americans Struggling to Make Ends Meet | A Hidden America with Diane Sawyer | Nightline
Wednesday, 8 August 2018
Trump Clashes with EU over Iran Sanctions
Daimler, the German truck and car giant, has already said it will pull out just hours after the U.S President reintroduced his sanctions and other companies are following suit.
Labels:
Donald Trump,
EU,
Iran,
US sanctions
Wednesday, 1 August 2018
While Corporations Enjoy Their Tax Cuts, American Workers Are Losing Everything
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