The measure, taken on political and economic grounds and imposed by the US Government on Cuba over half a century ago, has incurred losses of $1 trillion on Cuba and ‘inestimable’ humanitarian damages. – Waldo Mendiluza – According to Cuban Foreign Secretary Bruno Rodríguez, this cost of the full economic […]
Tag: banking
The crisis: they played with that which wasn’t theirs
It is a question of ethics and scruples. The new Barclays scandal places banking regulations and that of the finance sector in general under examination once again. _ Nuria Riutord Lleonart The Libor, or its equivalent: the interest levels at which the banks in the United Kingdom lend money for […]
Inside job: the financial crisis laid bare
The Deptford & Newcross Virtual Social Centre has organised a one-off screening of this multi-award-winning documentary that exposes the real reasons behind the recent financial crash; claiming it was not an accident. _ Gabriela Rodriguez The US financial crisis of 2008 meant financial ruin for millions of people, with many […]
The crisis that causes the crisis
Today divisions grow between banking authorities in regard to the relevance of maintaining low interest rates at historic lows. Masiel Fernandez Bolaños The Chairman of the U.S. Federal Reserve (Fed) Ben Bernanke, has repeatedly defended the monetary policy of low interest rates and insisted that the recovery will be even […]