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Time for Noah’s Ark again?

Michael Roberts looks at the impact of climate change across the world The world is experiencing extreme weather.  In the US, California’s drought is the worst in 100-years while the East Coast faced a massive snowstorm with freezing temperatures. On the other side of the world, Australia continues to deal with intense summer heat and droughts, causing major bush fires. There has been severe winter flooding ...

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Financial Secrecy Index – 2013 Results: Germany, US and UK are the biggest tax heavens in the world.

Germany, US and UK among the biggest tax heavens in the world. UK: New index reveals UK runs biggest part of global secrecy network This new edition of the Financial Secrecy Index shows that the United Kingdom is the most important global player in the financial secrecy world. While the UK itself ranks only in 21st place, it supports and partly controls a web of secrecy jurisdictions around the world, from ...

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The Navigators

The Navigators is a 2001 British film directed by Ken Loach with screenplay by Rob Dawber. It shows the effects of privatisation on a Yorkshire railway company http://www.youtube.com/watch?v=-JBH78GrHJE ...

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Leaks reveal secrets of the rich who hide cash offshore

Exclusive: Offshore financial industry leak exposes identities of 1,000s of holders of anonymous wealth from around the world David Leigh  The GuardianThe British Virgin Islands, the world's leading offshore haven used by an array of government officials and rich families to hide their wealth. Photograph: Duncan Mcnicol/Getty Images --------------------------------------------------------------------------- ...

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The day Britain changes: welfare reforms and coalition cuts take effect

A new world heaves into view this week with sweeping changes in the fields of welfare, justice, health and tax Monday 1 April Bedroom tax introduced The aim is to tackle overcrowding and encourage a more efficient use of social housing. Working age housing benefit and unemployment claimants deemed to have one spare bedroom in social housing will lose 14% of their housing benefit and those with two or more s ...

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Trade School

Trade School is an alternative, self-organized school that runs on barter. It works like this: 1) Teachers propose classes and ask for barter items from students. For example, if you teach a class about making butter, you might ask students to bring heavy cream, jars, bread, music tips, clothes, vegetables, or help with something like finding an apartment. 2) Students sign up for classes by agreeing to brin ...

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UK’s bedroom tax

'Bedroom tax' will force people out of their homes   Tory ‘under-occupancy’ rules will force people to move when no affordable alternative is available, writes Dave Sewell The government’s attack on benefits could see thousands of people lose their homes. One attack in particular, popularly known as the “bedroom tax”, is set to push almost 100,000 social housing tenants into arrears on their rent from ...

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Too Big to Indict

It is a dark day for the rule of law. Federal and state authorities have chosen not to indict HSBC, the London-based bank, on charges of vast and prolonged money laundering, for fear that criminal prosecution would topple the bank and, in the process, endanger the financial system. They also have not charged any top HSBC banker in the case, though it boggles the mind that a bank could launder money as HSBC ...

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