September 2nd, 2014
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ARGENTINA AT THE CROSSROADS: CORPORATE SOVEREIGNTY OR NATIONAL SOVEREIGNTY?

ARGENTINA AT THE CROSSROADS: CORPORATE SOVEREIGNTY OR NATIONAL SOVEREIGNTY?

Last week I blogged about Agentina’s struggles with vulture hedge funds and about its lawsuit against a Dutch bank for its part in the LIBOR (London Inter-Bank Offered Rate) scandal. You’ll recall that some of Argentina’s sovereign securities were tied to the LIBOR rate, and hence, rate-fixing and collusion amounted to, in that nation’s case,[More...]

DOMINIQUE STRAUSS-KAHNING CHRISTINE LAGARDE

DOMINIQUE STRAUSS-KAHNING CHRISTINE LAGARDE

Remember the former IMF head Dominique Strauss-Kahn, and how they accused him of raping a hotel maid? You’ll recall the basics: Strauss-Kahn was jailed on allegations of rape, and then subsequently released when the allegations proved to be …well, let’s just say, nothing that a prosecutor would want to bring to trial. But the damage[More...]

THE GMO SCRABOOK…MAYBE!: CHINA INKS DEALS WITH ZIMBABWE

THE GMO SCRABOOK…MAYBE!: CHINA INKS DEALS WITH ZIMBABWE

China and Zimbabwe have just inked several deals, and this one – shared by Mr. B. – positively invites our customary high octane speculation: China, Zimbabwe ink slew of cooperation deals Lest we forget, the article outlines why Zimbabwe is the target of Western sanctions – well, at least outlines some, though certainly not all, of the[More...]

TIDBIT: NOW THEY’RE SAYING THE UKRAINE IS SEEKING NATO MEMBERSHIP

TIDBIT: NOW THEY’RE SAYING THE UKRAINE IS SEEKING NATO MEMBERSHIP

Well no sooner said than undone it seems. Adding to the speculations of behind-the-scenes diplomacy between Mr. Putin and Mrs. Merkel, and her own assurances that the Ukraine should be kept neutral (suspiciously similar to the position we blogged about concerning Mr. Mearsheimer’s article in the CFR journal Foreign Policy) we now have the coup government[More...]

TIDBIT: AND JUST FOR GOOD MEASURE… SCIENTISTS MANIPULATING MAGNETICALLY LEVITATED OBJECTS

TIDBIT: AND JUST FOR GOOD MEASURE… SCIENTISTS MANIPULATING MAGNETICALLY LEVITATED OBJECTS

Just for good measure with today’s main blog, check this one out: Scientists manipulate magnetically levitated objects Now, I suspect that in private, or rather, in secret, they’ve been manipulating “magnetically levitated” objects for quite a while, and successfully. The interesting thing to ponder is why they’re now willing to talk about it so publicly, when,[More...]

ARGENTINA SUES DUTCH BANK OVER LIBOR RATE FIXING

ARGENTINA SUES DUTCH BANK OVER LIBOR RATE FIXING

There’s news rumbling from Argentina, and this concerns the ongoing LIBOR (London Interbank Offered Rate) rigging scandal. Check this one out: Dutch Rabobank Gets Argentine LIBOR Fraud Claim Now, why am I bothering you with this story. After all, the LIBOR scandal seems straighforward enough: great big greedy fraudulent banks were finally caught doing exactly[More...]