Four young men with a vision -- Art Phillips, Bob Hager, Rudy North and Dick Bradshaw -- pioneered one of Canada's most successful investment firms, Phillips, Hager & North ("PH&N"). These founders are widely regarded as leaders within Canada's financial industry, as well as generous contributors to their community.Read More
Dr. Keevil helped to grow Teck Corporation into a world-class mining entity that now employs more than 12,000 people worldwide. Today Teck is one of Canada's oldest continuously operating resource companies.Throughout his career Dr. Keevil has been an outspoken advocate for safer working conditions, sustainable practices, and inclusion of northern and native communities.Read More
Derivatives Reform on the Ropes … New rules to regulate derivatives, adopted last week by the Commodity Futures Trading Commission, are a victory for Wall Street and a setback for financial reform. They may also signal worse things to come … The regulations, required under the Dodd-Frank reform law, are intended to impose transparency and competition on the notoriously opaque multitril...Read More
Too soon to dial back Fed stimulus … It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said. New York Fed President William Dudley, a close ally of Chairman Ben Bernanke, said on Bloomberg TV t...Read More
Liberalism not at fault for recent scandals … If in any of these situations even one person of influence had adhered to the basic tenets of liberalism all of these scandals could have been avoided … Never mind that there is zero correlation between the political ideology called liberalism and the cascading scandals of the Obama administration. If anything, it's the opposite: it'...Read More
Derivatives Reform on the Ropes … New rules to regulate derivatives, adopted last week by the Commodity Futures Trading Commission, are a victory for Wall Street and a setback for financial reform. They may also signal worse things to come … The regulations, required under the Dodd-Frank reform law, are intended to impose transparency and competition on the notoriously opaque multitril...Read More
Too soon to dial back Fed stimulus … It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said. New York Fed President William Dudley, a close ally of Chairman Ben Bernanke, said on Bloomberg TV t...Read More
Liberalism not at fault for recent scandals … If in any of these situations even one person of influence had adhered to the basic tenets of liberalism all of these scandals could have been avoided … Never mind that there is zero correlation between the political ideology called liberalism and the cascading scandals of the Obama administration. If anything, it's the opposite: it'...Read More
MANILA Philippines -- The youngest daughter of Camarines Sur 3rd district congresswoman-elect Ma. Leonor "Leni" Robredo on Wednesday said she finds the Villafuerte political clan "scary."Read More
BIS and IMF attacks on quantitative easing deeply misguided warn monetarists … Monetarists across the world have warned that the International Monetary Fund and the Bank for International Settlements are making an historic error by calling for a withdrawal of emergency stimulus before the global economy has fully recovered. The BIS warned against "ever more monetary policy activism"...Read More
George Soros switches from physical gold to gold stocks and that is very bullish for gold prices … Ever the investor who loves to confuse markets – remember how his description of gold as the 'ultimate bubble' confused some folk as he bought the metal himself – George Soros has done it again with his gold ETF sales. Today the global financial press is awash with reports t...Read More
China to the rescue of Argentina with a 10 billion dollars equivalent swap … Argentina is negotiating with China a new 10 billon dollars equivalent swap of international reserves support based on the experience of 2009 when the global financial crisis. The new accord should theoretically help Argentina strengthen its international position vis-à-vis the run on the dollar (or the fligh...Read More
Euro – Quo Vadis? How much more punishment will Europeans take to defend the misconceived Euro currency? … The Eurozone is in crisis, and only bold reforms can tackle the root causes. In the following article, Wolfgang Kasper explains why we should be tuning the clock back to before the Maasstricht Treaty, and proposes that an understanding of institutional economics is crucial in orde...Read More
BIS and IMF attacks on quantitative easing deeply misguided warn monetarists … Monetarists across the world have warned that the International Monetary Fund and the Bank for International Settlements are making an historic error by calling for a withdrawal of emergency stimulus before the global economy has fully recovered. The BIS warned against "ever more monetary policy activism"...Read More
George Soros switches from physical gold to gold stocks and that is very bullish for gold prices … Ever the investor who loves to confuse markets – remember how his description of gold as the 'ultimate bubble' confused some folk as he bought the metal himself – George Soros has done it again with his gold ETF sales. Today the global financial press is awash with reports t...Read More
China to the rescue of Argentina with a 10 billion dollars equivalent swap … Argentina is negotiating with China a new 10 billon dollars equivalent swap of international reserves support based on the experience of 2009 when the global financial crisis. The new accord should theoretically help Argentina strengthen its international position vis-à-vis the run on the dollar (or the fligh...Read More
Euro – Quo Vadis? How much more punishment will Europeans take to defend the misconceived Euro currency? … The Eurozone is in crisis, and only bold reforms can tackle the root causes. In the following article, Wolfgang Kasper explains why we should be tuning the clock back to before the Maasstricht Treaty, and proposes that an understanding of institutional economics is crucial in orde...Read More
Andrew Jackson (* 15. M??rz 1767 in den Waxhaws; ?EUR 8. Juni 1845 nahe Nashville, Tennessee) war von 1829 bis 1837 der 7. Pr??sident der Vereinigten Staaten und ist der Gr? 1/4 nder der Demokratischen Partei der USA. Jackson trug den Spitznamen ?EUR?Old Hickory" und ging als einer der pr??genden Pr??sidenten in die Geschichte der USA ein. Zum einen war er der erste Pr??sident, der nicht aus der...Read More
Creative destruction: our economic crisis was wholly predictable: Keynes, Hobson, Marx – and the crisis of capitalism. Is it to the wrong ideas of economists or to the interests of the power-holders that we should turn to explain the "Great Contraction" of 2008-2009? John Maynard Keynes believed that the Great Depression of 1929-32 was caused by the wrong theory of how the economy...Read More
Reuters: 'An Increasingly Polarized Washington Is Devouring Its Own' … Unprecedented Justice Department searches of journalists' phone records. IRS targeting of conservative political groups. Spiraling sexual assault rates in the military. And the downplaying of the first killing of an American ambassador in 30 years. But Obama's failings are only part of the problem. An incr...Read More