A leaked report in the ongoing Panama Papers scandal has revealed new sources using the law firm of Mossack Fonseca to funnel money offshore, and to provide services for ongoing off-book operations. In an announcement made
Earlier this week, the first major consequence from the leaked Panama Papers occurred when they revealed that Iceland’s Prime Minister was a client who had used the Mossack Fonseca law firm to create an offshore account
As more and more information becomes disclosed regarding the offshore scheme know today as the ‘Panama Papers’, its affects appear minor compared to the growing tax haven, money laundering outlet, and offshore wealth destination that
While only a small number of Americans actually understand that the Council on Foreign Relations is one of many institutions that act as the ‘power behind the throne’ for the U.S. and other Western governments,
On April 5, the SEC reported that China’s e-commerce behemoth Alibaba has now surpassed Walmart as the world’s largest retailer, putting China clearly in the top spot for global production, and rising retail market share.
This week, Asia’s three largest economies (China, South Korea, and Japan) will be holding high level talks to forge a new free trade agreement that will help spearhead competition and strength in the Asean theater.
It is probably no coincidence that the location which spawned both Barack Obama’s Presidential bid, and his former Chief of Staff Rahm Emmanuel who now serves as its current mayor, is suffering a combination of
In the continuing saga of Eurozone financial difficulties, Greece continues to be the linchpin for the economic Troika of the IMF, European Commission (EC), and European Central Bank (ECB) to hold the line against sovereign
Contrary to the ‘head on the sand’ rhetoric that is coming from the Fed and mainstream business news regarding jobs, employment, and how the economy is really doing, the bottom line numbers have already signaled
As the U.S. spins draconian trade agreements into Orwellian ‘free trade’ rhetoric, China continues to attract countries from around the world who are no longer enamored by dollar hegemony, and secret deals such as the
One of the biggest problems with the majority of politicians coming from the lawyer class is that they have little idea about fiscal responsibility and economics, or any understanding of the consequences that come from
On March 24, economist Jim Rickards published an interesting analysis of something that may have taken place last month at the G20 Summit in Shanghai, China. According to evidence that Rickards and others pieced together,
If you spend any time watching the business channels on cable you find that the litany of analysts they parade across the screen cite the false narrative that consumers (American people) will be the catalyst
President Obama’s legacy will include many stigmas when it comes to finance and economics, but perhaps no more so than his administrations policy of ‘too big to jail’. Coined first by the former Attorney General
There has already been much rumbling over whether Presidential candidate Ted Cruz was a conservative outsider whom the establishment hated, or if he was simply a wolf in sheep’s clothing to give Republicans the illusion