Sir Richard Branson Clarifies His Position On Carbon Taxes On The Airline Industry

National Review David Rothbard Words flew as CFACT’s Craig Rucker and Sir Richard Branson squared off at the Rio+20 Earth Summit in Brazil. Surrounded by Greenpeace activists, Branson was leaving the Greenpeace press conference just as Rucker was entering for CFACT’s press event. Rucker seized the opportunity to confront the…
Continue Reading

Paul Craig Roberts: World Economic Collapse At Hand, Debt Running Wild Like A Rabid Dog

Article Originally Appears Here Ever since the beginning of the financial crisis and quantitative easing, the question has been before us: How can the Federal Reserve maintain zero interest rates for banks and negative real interest rates for savers and bond holders when the US government is adding $ trillion…
Continue Reading

Abandoning Ship: The Eurozone Is Failing At An Accelerating Rate

Zero Hedge Submitted by Alasdair Macleod, contributing editor   Abandoning Ship The Eurozone Is Failing At An Accelerating Rate   It will be no surprise to readers that the news coming out of the Eurozone just gets worse and worse. The reality is that Ireland, Portugal, Spain, Italy, Belgium, Greece,…
Continue Reading

Basel III Will ‘Damage Developing Countries’

  By Brooke Masters Financial Times Tough global bank reforms will be disproportionately difficult to implement in developing economies and will damage their growth, a global taskforce of bankers and businessmen from emerging markets is set to so-called Basel III rules will impose capital and liquidity requirements that were designed…
Continue Reading