Search Results for: Middle East
EU prepares crackdown on ‘citizenship for sale’
August 14th, 2018
Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenship to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. Vera Jourova, the EU’s commissioner for justice, ...
Macroeconomics Has Lost Its Way
August 3rd, 2018
The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and choices exercised by individuals in the context of their own earnings and profits. In ...
State or Individual?
July 20th, 2018
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over the individual or the individual over the state? It is particularly relevant today, bearing ...
5 Things you should know about trading cryptocurrency in 2018
July 16th, 2018
Almost a decade has already passed since the first cryptocurrency, Bitcoin, was introduced by Satoshi Nakamoto. This new form of a digital asset has remained out of the mainstream until 2013 when Bitcoin became actively traded across a number ...
Singapore, Trade and Geopolitics
June 26th, 2018
The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands with a previously avowed enemy in Singapore. The formally leisurely ...
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
Deloitte veterans are launching a tokenized blockchain for supply chain
May 15th, 2018
Former members of Deloitte’s blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world’s most inefficient markets. Announced Monday, a startup called Citizens Reserve is coming out of stealth, ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...
Brexit – the battle for ideas
February 9th, 2018
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
