The IMF caused social and economic decadence in the world; they and other international financial organisations are responsible for the global crisis.”More
Italy’s Latest Rescue of Perennially Troubled Monte Dei Paschi Hits the Rocks
Even former ECB Chairman Mario Draghi, now in his new role as Italy’s prime minister, can’t convince other Italian banks to take on the world’s oldest lender. More
UK Goes Full-On Big Brother, Employs Facial Recognition Technology to Expedite School Lunch Queues
The UK government’s love affair with tech-enabled surveillance knows no bounds.More
Things Are Getting Messy In Draghi’s Italy
Sixteen percent of the country’s officially employed workforce just lost their jobs (temporarily for the moment). And as one would expect, they’re not happy. More
Bayer Loses Plot As Mexican Government Enforces Ban on GMO Imports
Bayer branded Mexico’s behaviour as “unscientific”, a popular term of insult these days.More
Chicago Boys’ 100% Private Pension System in Chile Is in Big Trouble
Once touted by its creator as the “Mercedes Benz” of pensions, Chile’s defined contribution scheme is suffering major outflows. More
UK Nurses Threaten to Strike After Government Offers Measly Below-Inflation Pay Rise
With vax mandates looming and industrial action on the table, the UK’s overstretched National Health Service could be in for a winter of even more discontent.More
Inflation Is Back With a Vengeance in Latin America
After last year’s economic carnage, the spectre of runaway inflation is the last thing the region needs. More
Banks Around World Are Suffering Big Outages, Leaving Millions of Customers in Lurch At Worst Possible Time
Twenty banks (some suffering repeated outages), six countries (one in lockdown), five continents, tens of millions of unhappy customers.More
UK’s National Health Service Still Playing Fast and Loose With Patients’ Health Data
This time it’s patients’ biometrics — their most sensitive data of all — that appear to be at risk.More