Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

5 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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UK begins war crime trials training program for Ukraine judges – JURIST

The UK Attorney General’s Office Wednesday announced it started a program to train Ukrainian judges to conduct war crime trials.The program will train 90 judges from Ukraine under the supervision of Sir […]

AIG to close infamous financial crisis unit for good

American International Group’s infamous financial products unit — the one that nearly took down the global economy in 2008 with wrong-way bets on mortgages — is on its way to an official demise. AIG announced […]

Human Rights Watch calls upon Hong Kong for the immediate release of Jimmy Lai and co-defendants – JURIST

Human Rights Watch (HRW) Tuesday released a statement demanding the immediate released of Hong Kong “pro-democracy media tycoon” Jimmy Lai and six of his c0-defendants journalists. Lai is currently serving a 20-month […]

Сryptocurrencies

SwissBorg Series A – Own a Piece of the Future

In the equity space, private markets outshine their public counterparties by several orders of magnitude – both in size and returns. Still, these lucrative opportunities are reserved for selected circles of institutional […]

Incoming FCA chair looks to boost staff morale after ‘painful era of change’

The incoming chair of the Financial Conduct Authority said he hopes morale will improve at the regulator after an overhaul to pay and perks for staff hit morale. Employees have blasted the […]

Danske Bank agrees to pay $2bn to settle Estonia money-laundering investigation

Danske Bank, Denmark’s largest bank, has agreed to pay about $2bn to settle long-running probes into anti-money-laundering failures that led to hundreds of billions of dollars of suspicious transactions flowing largely unchecked […]

Reuters: Nigeria has killed at least sixty children in anti-Boko Haram military operations – JURIST

A Reuters investigation released Monday reports that Nigeria’s military has killed at least 60 children since 2009 as part of the nation’s 13-year battle against Islamic extremist organisations like Boko Haram. Under […]

Joseph Stiglitz: Rate hikes will leave us with scars

Joseph E Stiglitz, a Nobel laureate in economics and university professor at Columbia University, is a former chief economist of the World Bank, chair of the US President’s Council of Economic Advisers, […]

Barbados High Court decriminalizes gay sex in landmark ruling – JURIST

The Barbados High Court Monday issued an oral judgement striking down two laws which effectively criminalized gay sex in the island nation. Sections 9 and 12 of the Barbados Sexual Offences Act […]

Ukraine authorities accuse four appellate judges of bribery – JURIST

The National Anti-Corruption Bureau of Ukraine (NABU) and Specialised Anti-Corruption Prosecutor’s Office accused on Thursday four judges from the Kyiv Court of Appeal of graft totaling $35,000. According to NABU, the payment occurred […]

Kenya High Court declares housing levy unconstitutional – JURIST

Kenya’s High Court declared on Tuesday that a 1.5 percent levy, introduced in an earlier bill to fund affordable housing, violated constitutional principles. The levy was a provision of the Finance Act […]

Niger junta revokes law which restricted migrant smuggling routes to Europe – JURIST

Niger’s junta issued a decree Monday revoking a law which had helped curb migration of West Africans to Europe. The law had been backed by the EU but faced strong opposition from […]

UN report reveals surge in violence in Haiti rural central region – JURIST