ZIMBABWE: Cross-Border Traders Don’t Trust Banks With Their Money

Global Geopolitics & Political Economy / IPS By Ignatius Banda BULAWAYO, Zimbabwe, May 25, 2011 (IPS) – A newly available electronic banking service has received a lukewarm reception from cross-border traders in Zimbabwe’s second largest city Bulawayo, despite it alleviating the need to move around with large sums of cash. Cross-border electronic card services in [...]


Q&A: "Microfinance Is Much More Than Just Credit"

Global Geopolitics & Political Economy / IPS Kanya D’Almeida interviews MARY ELLEN ISKENDERIAN of Women’s World Banking UNITED NATIONS, Mar 23, 2011 (IPS) – A day after U.S. assistant secretary of state for south and central Asian affairs Robert Blake appealed to the Bangladeshi government to reconsider its dismissal of 70-year-old microfinance guru Muhammad Yunus [...]


Banks’ Cheap Money is Economic ‘Poison’

Global Geopolitics & Political Economy Read the article in its original form on alrroya.com Thursday, 10 March 2011  at  09:39 By Ron Robins, Founder & Analyst – Investing for the Soul Developed world bankers continue to proclaim that enforced low interest rates—cheap money—will lead their countries back to economic prosperity. But didn’t the same policies [...]


BANGLADESH: Govt Under Pressure After Sacking Yunus

Global Geopolitics & Political Economy / IPS By Farid Ahmed DHAKA, Mar 4, 2011 (IPS) – The Bangladesh government is drawing flak from the international community for removing microcredit pioneer and Nobel laureate Muhammad Yunus from the Grameen Bank that he founded and led. The Central Bank of Bangladesh on Wednesday removed Yunus, 70, from [...]


EUROPE: Talking Green, ‘Lending Unclean’

Global Geopolitics & Political Economy / IPS By Pavol Stracansky PRAGUE, Dec 3, 2010 (IPS) – The European Bank for Reconstruction and Development is reneging on pledges to support low-carbon economic models in Eastern Europe, and is instead ramping up its lending for fossil-fuel energy projects, critics say. Critics say the bank (EBRD), created solely [...]


US FINANCE BILL LACKS POWER TO CURB WALL ST.

theREALnews Network July 18, 2010 Gerald Epstein: It’s like a world cup game where one team only has a goalie with his hands tied More at The Real News


AMERICAS: We Need Sustainable Development Banks, Say NGOs

Global Geopolitics & Political Economy / IPS By Emilio Godoy MEXICO CITY, Jul 5, 2010 (IPS) – Non-governmental organisations from across the Americas are demanding that the World Bank and the Inter-American Development Bank institute policies that favour sustainable energy and help mitigate climate change. Civil society groups sent letters to the two institutions, both [...]


‘Save Us From These Bankers, Fast’

Global Geopolitics & Political Economy / IPS By David Cronin BRUSSELS, Jul 5, 2010 (IPS) – Besieged by bankers opposed to regulation of their sector, members of the European Parliament (MEPs) have taken an unusual step. A cross-party alliance has called for an international campaigning organisation to concentrate on remedying the flaws of the financial [...]


Finance bill won’t change Wall St. business model

TheRealNews — June 08, 2010 — Kuttner: Fight taking place not to weaken “small” restraints that are in bill; public option is needed


ICELAND: Int’l Arrest Warrant Against Top Bank Official

Global Geopolitics & Political Economy / IPS Lowana Veal REYKJAVIK, May 12  (IPS)  – Vigorously pursuing those allegedly responsible for Iceland’s 2008 financial crisis, investigators have got issued an international arrest warrant against Sigurdur Einarsson, chairman of the board of governors of the failed Kaupthing Bank. An Interpol notice on Tuesday said Einarsson was wanted [...]