Politics

In an attempt to provide political cover for the Biden administration’s student loan relief debacle, the Democratic Socialists of America’s semi-official magazine Jacobin is presenting bankruptcy as a solution to student debt.On November 18, it published an article by Julia Rock titled, “Joe Biden Is Finally Moving Toward Allowing Bankruptcy to…

Without putting too fine a point on it 2022 has been a disaster for pretty much everyone who didn’t run a hedge fund, is a shareholder in an oil and gas or other energy company or works in a bank and is due a bonus. The year has been dominated by Russia’s outrageous attempt at invading Ukraine.  The human cost is bad enough but the economic…

Why does an organization issue a press release likely to be of significant interest during a major holiday week? Often, it is because it wants to minimize the fallout from decisions that have been made and may not be popular among those with a vested interest in the topic.Investment Rule on Considering Climate Change On November…

It’s simultaneously true that the omicron wave of COVID-19 seems to have peaked or be peaking—promising some relief—and that good news of this kind is unusually hard to take in during what can only be described as a horribly scrambled time for Americans trying to navigate these choppy waters. The issue isn’t just that messaging about…

U.S. President Joe Biden delivers remarks on the one-year anniversary of the January 6, 2021 attack on the Capitol in Washington, U.S., January 6, 2022.Michael Reynolds | ReutersWASHINGTON -- As several proposals in Congress to prohibit members from trading stocks gain steam this week on Capitol Hill, President Joe Biden has chosen not to take…

KUALA LUMPUR, MALAYSIA - Media OutReach - 20 January 2022 - The year 2021 was packed with exciting developments and meaningful circumstances in world affairs—its economy, politics, and policies—impacting the financial sector as a whole. With the help of its analytics team, the…

FOR 28th January 2022By News18/ Updated: January 28, 2022, 05:55ISTMinute-by-minute news updates of happenings from around the world, with special focus on India. From daily coronavirus news about the probable third wave, number of infections, vaccination, and reopening of places and activities to all developments in the fields of politics,…

Brazil’s president-elect Luiz Inácio Lula da Silva is expected to name Fernando Haddad, a loyalist from his leftwing Workers’ party, as finance minister on Friday, according to three sources with knowledge of the matter.The decision by Lula is likely to disappoint financial markets and reignite investor fears that his administration,…

Harvepino/iStock via Getty Images JPMorgan Chase (NYSE:JPM) will continue to boost its presence in Latin America in the next few years as it expects the region's geopolitical outlook to improve, Reuters reported Wednesday, citing an interview with the bank's chief executive for Latin America and Canada. Alfonso Eyzaguirre said political…

GBP/USD takes offers to renew monthly low, down for the second consecutive day. EU to sue UK over deal in bonkers, delay in Brexit talks over NI. Sue Grey's report awaited as UK PM Johnson defends drinks party, animal evacuation from Afghanistan adds to the problems. Fed matched hawkish market forecasts, US Q4 GDP…