Finance & Economics

GLASS-STEAGALL UNDERSTOOD: The Space in Which To Live (Part II)

Any general warfare between the United States and Russia, then, as still today, would be a warfare approaching a virtual extermination among the contending forces, and, perhaps, even the human species as such. The relevant experimental demonstration...

GLASS-STEAGALL UNDERSTOOD: The Space in Which To Live (Part I)

The recent effort for a virtual renaissance for Glass-Steagall, has now surged, somewhat abruptly, into a narrow, but marginally regained, leading role for those in both the United Kingdom and the U.S.A. who are now privileged to have become...

IMF Managing Director Christine Lagarde Welcomes the Eurogroup’s Decision to Grant Financial Assistance to Spain

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today on the decision by the Eurogroup to provide up to €100 billion in financial assistance to Spain to strengthen its financial...

Georgia’s Economic Recovery is Gaining Strength with World Bank Support

The World Bank Board of Executive Directors today approved a US$ 60 million Competitiveness and Growth Development Policy Operation (CG DPO) for Georgia, the first in a series of credits to support competitiveness and inclusive growth. The proposed...

US Drought Driving Record Prices for Soybeans, Maize

Maize and soybean prices set new records as drought continues to spread across the American Midwest. Higher food prices are expected to follow, and the U.S. meat industry will be especially hard hit.

HSBC Admits US Banking Violations

Global private banking giant HSBC has admitted that lax vigilance made it vulnerable to money laundering by Mexican drug cartels, as well as transactions involving Iran that are banned under U.S. law. HSBC managers pledged to do better in testimony...

African Union Seeks Strong Intra-Africa Trade

The deputy chairperson of the African Union Commission says the continental body seeks to encourage intra-Africa trade among its members to enhance Africa’s worldwide competitiveness.

US, Cuba Resume Direct Maritime Shipments

Direct maritime shipments from Miami to Cuba resumed Friday for the first time in half a century.
The shipments included items from authorized religious groups, charitable organizations and individuals sending packages to family and friends on...

Russia should reject recriminalizing libel, says OSCE media freedom representative

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Optech to deliver state-of-the-art airborne lidar and thermal imaging solution to Bluesky

Optech is to announce that aerial surveying company Bluesky International has purchased a state-of-the-art airborne mapping system, which includes an ALTM lidar sensor as well as a fully integrated long-wave infrared thermal sensor and high-resolution...