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11 Dec 2019, 1:40 pm
For all other states there is, well, nothing. [read post]
6 Dec 2019, 1:03 pm
To quote the Indian Central Bank (here), the “SGBs are government securities denominated in grams of gold. [read post]
6 Dec 2019, 7:10 am
These banks largely avoided the fallout from the 2008 financial crisis but Bloomberg reports that their profitability has “plunged” due to the Australian central bank cutting interest rates to record lows and the inquiry into financial industry misconduct. [read post]
3 Dec 2019, 9:01 am
Just like its monetary union is an abysmal failure (as the dysbalance of the European Central Bank's TARGET2 system and ever more negative interest rates and their devastating effects on many low-income earner's retirement savings prove) because it came too early, the "Single Market"--though it does give the EU a lot of political power (500 million reasonably affluent consumers)--is flawed because it has no safeguards in place against abusively low tax rates by… [read post]
3 Dec 2019, 6:30 am
But, importantly, McCulloch didn’t invent the theory of implied powers, which was the subject of heated debate during ratification and was relied on heavily in the First Congress and in the debates over the First Bank of the United States. [read post]
2 Dec 2019, 1:38 pm
Filters are likely to be central to the coming years’ debates about the pending Digital Services Act, and to discussion of potential changes to the eCommerce Directive, which has structured platforms’ legal responsibility for user content in the EU for almost two decades. [read post]
2 Dec 2019, 11:20 am
Bank v. [read post]
2 Dec 2019, 7:20 am
"The United States is far behind other nations when it comes to mitigating the effects of climate change on the global economy," said Gregg Gelzinis, policy analyst for Economic Policy at the Center for American Progress and one of the report’s co-authors. [read post]
30 Nov 2019, 12:01 am
In 1935, he wrote a short book titled War Is a Racket, in which he described and criticized the workings of the United States in its foreign actions and wars, indicating that many were inspired by the imperial aspirations of American corporations (for example, wars in Central America that benefitted American sugar and fruit interests). [read post]
27 Nov 2019, 8:18 am
Mr Cœuré uses an example of introducing a central bank digital currency to ensure that citizens remain able to use central bank money in the event that cash is no longer used. [read post]
26 Nov 2019, 7:53 am
To be a managed stablecoin, a digital asset must otherwise satisfy at least one of two criteria:The digital asset’s value is determined by the value of a reference pool or basket of assets (including digital assets) that is managed by one or more persons; and/orOne or more holders of a digital asset are entitled to consideration or assets in exchange for the digital asset in an amount fixed in significant part by the value of a reference pool or basket of assets (including digital assets) that… [read post]
25 Nov 2019, 11:00 am
None of the Justices contemplates a broader use of McCulloch’s central holding, according to which the individual mandate could be justified simply as a means to promote the general welfare. [read post]
25 Nov 2019, 10:50 am
The speakers for the event are Ambassador Alex Rondos, the EU special representative to the horn of Africa, and Baroness Catherine Ashton, the Bank of America Chair of the Wilson Center’s Global Europe Program. [read post]
25 Nov 2019, 2:14 am
To understand the BRI, it is first necessary to understand the central role of Marxism in the construction of Chinese political-economy. [read post]
22 Nov 2019, 2:05 pm
The following is the introduction to the Report’s cover page: “Just after the dawn of the Atomic Age and during the height of the Cold War, the United States conducted 67 nuclear tests in the Marshall Islands of the central Pacific. [read post]
New Reporting Offers a Glimpse Inside China’s Xinjiang Practices, Renewing Calls for a U.S. Response
22 Nov 2019, 11:07 am
These data are then tied to residents’ online activity, banking information, and phone calls and text messages. [read post]
22 Nov 2019, 7:28 am
Ms Enria states that the ECB takes a proportionate approach in its supervision of banks as smaller banks have to report fewer data points in comparison to large banks and pay less supervisory fees, whereas large and complex banks face intense supervision in their day-to-day business where the ECB directly supervises those banks. [read post]
22 Nov 2019, 2:51 am
The central aim is to provide a resource for individuals and groups trying to access benefits, secure rights and protections, and mobilize for economic justice. [read post]
21 Nov 2019, 6:30 am
The first debates over national power were as animated by concerns over federal power to regulate slavery as by concerns over the national bank or internal improvements. [read post]
21 Nov 2019, 6:23 am
The United States has expressed legal concerns with these settlement activities since shortly after Israel assumed control of the West Bank in 1967. [read post]
