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Who's Afraid of MIFID 2?: Fixing Wall Street’s Broken Plumbing

By Hazel Henderson* – Ethical Markets The European Union (EU) has sweeping reforms of financial markets coming into force January 3, 2018. They will affect Wall Street firms in many ways, covering all transactions of EU securities wherever traded worldwide.

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Peace with North Korea is still possible

Opinion, Richard Javad Heydarian* – Al Jazeera South Korea is still hopeful of a diplomatic resolution of the crisis with its northern neighbour. “This is the new abnormal,” a key adviser of South Korean President Moon Jae-in told me amid North Korea’s latest missile and nuclear…

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Scaling up Development Finance

By Anis Chowdhury* and Jomo Kwame Sundaram** SYDNEY and KUALA LUMPUR , Sep 5 2017 (IPS) – The Business and Sustainable Development Commission has estimated that achievement of Agenda 2030 for the Sustainable Development Goals will require US$2-3 trillion of additional…

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Why Jihahism Won’t Be Allowed to Die

By Pepe Escobar* Daesh may be dying – but the world is still encumbered with its walking corpse. Plan B of Daesh’s masters may have been to indoctrinate repeated waves of misguided youth across the EU and “seduce” them into D.I.

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Climate-Smart Agriculture Urgently Needed in Africa

By Baher Kamal ROME, Sep 4 2017 (IPS) – Africa contributes only 4 per cent of global greenhouse gas emissions, while six of the 10 most affected countries by climate change are in Africa, warns a major agricultural research for development partnership, while stressing the urgent…

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Monopoly Rents and Corporate Taxation (Wonkish)

By Paul Krugman  – The New York Times At one level it’s hard to take the Trump administration’s tax “reform” push seriously. A guy gets elected as a populist and his first two big proposals are (a) taking away health insurance from millions (b) cutting corporate taxes.

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To Be a Nigerian Migrant in Italy

By Baher Kamal ROME, Aug 31 2017 (IPS) – Bako* (24), a Nigerian migrant, stairs at new comers at an old, local Roman bar. Extremely polite, he asks for money.