Tag: finance

• Deadly Terror Networks And Drug Cartels Use Huge Banks To Finance Their Crimes. These Secret Documents Show How The Banks Profit.

  September 21, 2020

  Thousands of secret “suspicious activity reports” offer a never-before-seen picture of corruption and complicity — and how the government lets it flourish. And the US government, despite its vast powers,… more ›

• USA’s DFC approves transactions to Mozambique totalling $1.7 billion

  September 20, 2020

  The US International Development Finance Corporation (DFC), Donald Trump’s secret weapon to counter Chinese influence in Africa, has devoted almost half of its new investment funding to natural gas projects… more ›

• Remote Work Is Killing the Hidden Trillion-Dollar Office Economy

  September 6, 2020

  In the five months since the coronavirus forced a lockdown of U.S. businesses, economists have focused much attention on the devastation of mom-and-pop businesses, brick-and-mortar shops, bars and restaurants, and massive… more ›

• Kleptocracy

  August 25, 2020

  The difference between the extremely wealthy and the rest of humanity lies often in their power to remain invisible. Their political strategies are hidden from public scrutiny, their business practices disguised… more ›

• Turkey’s Erdogan announces discovery of large natural gas reserve off its Black Sea coast

  August 22, 2020

  Turkish President Recep Tayyip Erdogan has announced the discovery of a large natural gas reserves off the Black Sea coast, days after he promised “good news” that would usher in… more ›

• International investors reportedly bought bonds backed by the Italian mafia

  July 9, 2020

  Investors around the globe were buying bonds backed by a notorious mafia in Italy for four years, The Financial Times reported, citing financial and legal documents. https://www.cnbc.com/2020/07/07/international-investors-reportedly-bought-bonds-backed-by-the-italian-mafia.html more ›

• How the UK’s “fund of funds” influences investment financing in Africa with a long view

  June 21, 2020

  Major international banks and private equity (PE) houses have been reducing their exposure to Africa in the past few years, but, thankfully for the continent’s startups, not everyone is retreating.… more ›

• Nigeria’s immediate future looks bleak without oil revenue—it doesn’t have to be that way

  May 17, 2020

  Globalization, automation, and inequality. That prediction, made by the World Bank in 2017, and based on decades of Nigeria’s dependence on oil, has proven astute. Amid a crippling coronavirus pandemic,… more ›

• How Are Rich People Getting Richer During the Coronavirus Pandemic?

  April 30, 2020

  For many Americans, the fallout of the novel coronavirus pandemic gets bleaker by the day. More than twice as many people are unemployed in the U.S. right now than there… more ›

• Chapter 2: Money, Credit, and Debt

  April 25, 2020

  Note: To make this an easier and shorter article to read, I tried to convey the most important points in simple language and bolded them, so you can get the… more ›