Uruguay Does Unthinkable, Rejects Global Corporatocracy by Don Quijones • Sep 22, 2015 • 25 Comments The historic decision has been met by a wall of media silence.
Australia’s Mega LNG Projects are in Serious Trouble by Wolf Richter • Sep 21, 2015 • 6 Comments In the US, the LNG export dream is already deflating. But it’s dwarfed by the debacle in Australia.
Is Volkswagen the Only One? by Wolf Richter • Sep 21, 2015 • 49 Comments It took seven years to detect that secret algo expertly designed to break US law and deceive consumers.
Fed’s Bullard Fires Broadside at Fed, Shrapnel Hits his Foot by Wolf Richter • Sep 20, 2015 • 48 Comments Fed Has No “Satisfactory Answer” Why Still “Stuck in Emergency Mode”
Spanish Banks Warn of Financial Meltdown if Catalonia Votes for Independence by Don Quijones • Sep 20, 2015 • 18 Comments But bluffs can backfire.
FBI Ramps Up Biometrics Programs to Catalogue Information on Everyone in America by Electronic Frontier Foundation • Sep 19, 2015 • 20 Comments The FBI seems to think we should all be OK with this.
German Stocks Crush Dream of Central-Bank Omnipotence by Wolf Richter • Sep 18, 2015 • 13 Comments American investors are on the hook.
Bankers Threaten Fed with Layoffs if it Doesn’t Raise Rates by Wolf Richter • Sep 17, 2015 • 35 Comments And bank shares got crushed.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that debt.”