News & Commentary

By Michael Pettis Vietnam’s decision to devalue its currency by 5 per cent last week to protect itself from undervaluation of the Chinese renminbi, and

Derivatives have many purposes. One is to quietly launder the profits out of one place into another without the niceties of legal authorizations and documents.

by Greg Palast On 10th Anniversary of the Battle in Seattle Bankers’ scheme to re-open finance casino worldwide. Apparently, one meltdown isn’t enough for the

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The levels of government debt have reached the point where even mainstream banks are encouraging investors to consider the “collapse scenario” in their strategies. View

By Suzanne McGee With money tight, top philanthropists insist on more bang for the buck. Meet the 25 most effective givers. The name of the

By Bob Ivry Mark Pittman, the award-winning reporter whose fight to make the Federal Reserve more accountable to taxpayers led Bloomberg News to sue the