Society

The War on Hank Greenberg

Greenberg is fighting back not simply for himself but for anyone who believes that we should stand for justice, not prosecutorial tyranny. Lawrence A. Cunningham The downtown New York courtroom where 91-year old Maurice R. (“Hank”) Greenberg began testifying this week has all the… The War on Hank Greenberg… Read More »

Is Deutsche Bank about to become the next Lehman?

US fine of $14 billion has plunged pillar bank into crisis that could go beyond German borders Derek Scally Berlin No matter how hard it tries, Deutsche Bank’s subprime chickens keep coming home to roost. This week’s crisis: the aftershocks of a $14 billion fine… Source: Is Deutsche Bank about to become the next Lehman? Read More »

Japanese politicians wear ‘pregnancy’ vests to urge men to help at home

In Japan, where women do five times as much housework as men, three male politicians have donned “pregnancy” vests in a campaign urging men to help out more at home. TOKYO – Reuters In a video titled “The Governor is a Pregnant Woman,” the three men, all governors of southwestern prefectures, put on a 7.3 kilogram (16 pound) vest that simulates a… Source: Japanese politicians wear ‘pregnancy’ vests to urge men to help at home – ASIA Read More »

Bulgaria parliament bans full-face veils in public

Under the law, the garment will be banned in public institutions, schools, areas of administrative and public services. Bulgaria’s parliament has approved a nationwide law banning the wearing of face-covering veils from most public places. Source: Bulgaria parliament bans full-face veils in public – News from Al Jazeera Read More »

Positive UK data may put pause on deficit reduction

GDP figures means post-Brexit vote recession and further interest rate cut look more unlikely giving chancellor wriggle-room to pause planned cuts Larry Elliott It is still early days, but the UK economy should avoid the immediate post-Brexit vote recession many forecasters had predicted… Source: Positive UK data may put pause on deficit reduction | Business | The Guardian Read More »

The Dying Art Of Judgement: How To Follow The Rules Without Even Really Trying

Bad things happen when good people stay silent, and when politicians and public servants put process before outcome, writes Rajan Venkataraman. By Rajan Venkataraman In November 2014, the Speaker of the Australian House of Representatives, Bronwyn Bishop, chartered a helicopter at public expense to take her to a… The Dying Art Of Judgement: How To Follow The Rules Without Even Really Trying… Read More »

Three Japan conglomerates aim to merge nuclear fuel operations: Source

By Makiko Yamazaki and Kentaro Hamada TOKYO (Reuters) – Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, a person with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Hitachi Ltd, Toshiba Corp and Mitsubishi Heavy Industries Ltd aim to… Source: Three Japan conglomerates aim to merge nuclear fuel operations: Source – Asia Times Read More »

Central Bank Crisis Risks Famine in Yemen

Efforts to move Yemen’s Central Bank will likely add to risks of insolvency and starvation, while complicating and deepening civil war divisions. Regional and international powers should rally round this critical institution and… Source: Central Bank Crisis Risks Famine in Yemen | International Crisis Group Read More »

The Philippines should not reinstate the death penalty, even for Peter Scully

Bringing back a flawed system to kill a rotten individual means that we dispense with the individual but are stuck with the system Brigid Delaney There have been calls to reintroduce the death penalty in the Philippines as the trial of alleged Australian child sex abuser Peter Scully takes place and… The Philippines should not reinstate the death penalty, even for Peter Scully… Read More »

Chinese investors pay A$88.88m for Sydney property

Business sense suggests you try to buy property at the lowest possible price, but that was not the case for one property in Sydney, Australia. It was just bought by Chinese buyers for A$88,888,888.88. The number eight is considered lucky in Chinese as it sounds like the… Source: Chinese investors pay A$88.88m for Sydney property – BBC News Read More »

Live stream child sex abuse among rising cybercrime, says Europol

Live streaming of child sexual abuse and so-called “revenge porn” is on the rise on the internet, Europe’s police agency warned Sept. 28, saying vulnerable children are increasingly falling victim to sexual predators. “Live distant child abuse is… being reported as a growing threat,” Europol said in its latest annual cyber organized crime threat… Source: Live stream child sex abuse among rising cybercrime, says Europol – EUROPE Read More »

Brexit ‘will make Britain BETTER OFF than other EU countries’

LEAVING the European Union will make Britain richer than other nations in the bloc within five years, a German businessman has admitted. By CHARLIE PEAT Going against the doom-mongering Project Fear predictions that Britain’s economy would suffer because of Brexit, Mathias Dopfner – chief executive of Axel Springer publishing – Mathias Dopfner revealed the… Source: Brexit ‘will make Britain BETTER OFF than other EU countries’ | UK | News | Daily Express Read More »

If you want to measure the health of the economy, forget about “employment”

Work dominates pretty much everything. Whether or not you have it, it’s probably taking up most of your time. Employment is the most-common indicator of economic health and nearly all of the public debate about economics has to do with creating… Source: If you want to measure the health of the economy, forget about “employment” – New thinking for the British economy Read More »