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IRN Global MoneyTalk
Editor SWITZERLAND OF THE ORIENT The ironies of Singapore’s massive investment in troubled Swiss banking giant UBS are piling up. Even Lee Kuan Yew himself has now said that the Government Investment Corporation invested “too early” in UBS, with the result that is now showing a loss of billions of dollars of citizens’ money on…
Al Jazeera Network Editorial Freedom Sympathetic Vision of Ted Turner CNN
Al Jazeera’s coverage of the current events in Egypt has been greatly received by global audiences This has been an unprecedented month in Al Jazeera history. Transformational events in the Middle East have brought enormous demand for news about the region. As director general of the region’s largest TV network, I am proud to say…
New International Gold Contract Denominated in Chinese renminbi
Decisions to buy gold, silver and oil against terrifyingly inflationary floods of money
Dubai debt concerns re-emerge
Dubai debt concerns re-emerged Friday as the cost of protection against a default by the Persian Gulf emirate climbed to the highest level since November, according to data provider Markit. The price of credit default swaps on Dubai government debt jumped to 630 basis points on Friday, up from 592 on Thursday, Markit data show….
The self sustaining corruption of American Politicians…
A credibility trap is when the lies and the corruption become so widespread and embedded in a system that they become self-sustaining. It is when almost half of all Congressmen remain in the Capitol after leaving office so that they can make many millions per year peddling influence and crafting loopholes for corporations who are…
If the Rich get richer, they will spend more on Art
Charley Gallay/Getty Images North America Lady Gaga performing with Francesco Vezzoli You probably don’t want to read another article on art and money. I don’t really want to write one. But then again, I don’t really want to read another article about how humans are destroying the planet. But it’s a fact that they are,…