Tariffs, counter-tariffs and headlines about trade wars are flowing like wine as the long-anticipated Trump campaign against China is finally shaping up. Given that futures are tumbling, the US trade deficit has just hit a decade low, and, oh yeah, we haven’t seen market volatility like this since the crash of ’87 you might think we have enough ominous financial storm clouds to Read More…
Business
In Letter To CEO, 1000s Of Google Employees Revolt Against Military Drone Project
Google made headlines last month when it was announced it was partnering with the Pentagon to develop artificial intelligence for use in drones flown over war zones. The move divided the company, and this week, internal documentation of that conflict became available to the public in a petition signed by thousands of employees to the company’s CEO, Sundar Pichai, Read More…
The Petroyuan Was Born This Week. Here’s What It Means.
It has been promised for 25 years. Its coming has been heralded as a world-changing event. It has launched a thousand headlines in the last few months. And it happened this week. But if you blinked you would have missed it. What am I talking about? Why, the launch of a Chinese yuan-denominated oil futures Read More…
How The Military Controls America
Unlike corporations that sell to consumers, Lockheed Martin and the other top contractors to the US Government are highly if not totally dependent upon sales to governments, for their profits, especially sales to their own government, which they control — they control their home market, which is the US Government, and they use it to sell to Read More…
The Corporate Takeover Of Cannabis: How Monsanto & Bayer Are Getting In On Marijuana
Responsible for genetically modified organisms (GMOs) and the pesticides that are sprayed on them, Monsanto is on the tips of everyone’s tongues lately. Health conscious individuals are doing everything they can to boycott this company and support others instead, even if that means opting for much pricier organic produce. There are a number of reasons for Read More…
Indian State Bank Busted In $2 Billion Fraud
It has all the elements of a Hollywood heist movie: A well-known jeweler-to-the-stars and his shady accomplice. A risky gambit to exploit a banking loophole. Inside help from a high-ranking official. A $2 billion swindle. And the whole house of cards crashing down in spectacular, front-page fashion. But here’s the Bollywood twist: The well-known jeweler Read More…