- How Goldman Sachs Created the Food Crisis--"Don't blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street's at fault for the spiraling cost of food."
- We'll make a killing out of food crisis, Glencore trading boss Chris Mahoney boasts--"Drought is good for business, says world's largest commodities trading company."
- Warming-Driven Drought Pushes Crop Prices To Record Levels, As We Burn 40% Of Corn Crop In Our Engines
- Generational Warfare: Old-age entitlements vs. the safety net
- Opinion: Greedy geezers? That's a myth
- Bye-Bye, Boomers: This Is the Age of the Baby Busters
- How those spoiled millennials will make the workplace better for everyone
- The Cheapest Generation--"Why Millennials aren’t buying cars or houses, and what that means for the economy."
- Crazy: Stealing Pizza Is Worse Than Stealing $1B Dollars--Cenk Ugyur discusses the DOJ's decision not to prosecute the big banks.
- Goldman Non-Prosecution: AG Eric Holder Has No Balls
- Are some banks too big to prosecute?
- Former Barclays CEO 'held back evidence'--"Parliamentary committee claims Bob Diamond held back evidence during hearings on the Libor rate-rigging scandal."
- Opinion: Iceland Was Right, We Were Wrong: The IMF
- Bank Of America Fails To Hold Up Its End Of Foreclosure Fraud Settlement
- Britain's richest 5% gained most from quantitative easing – Bank of England--"The richest 10% of households in Britain have seen the value of their assets increase by up to £322,000 as a result of the Bank of England's attempts to use electronic money creation to lift the economy out of its deepest post-war slump."
- Adam Davidson on setting up an offshore bank account
- Company's software trading glitch cost it $10 million per minute
- Knight Upgrade Triggered Old Trading System, Big Losses
- Errant Code? It’s Not Just a Bug --"As a former software engineer, I laughed when I read what the Securities and Exchange Commission might be considering in response to the debacle of Knight Capital’s runaway computerized stock trades: forcing companies to fully test their computer systems before deploying coding changes." NYT
- How Americans view wealth and inequality
- In China, less than 1% of households control more than 70% of private financial wealth WSJ
- Wrong number call rings social boycott of 50 dalit families--Despite being illegal, the caste system remains in place in India.
- Odds of Global Recession Are 100%: Marc Faber
- German economy: Europe's tired engine--"As the euro zone goes into another recession, Germany is slowing down." But the government somehow managed to get a surplus in tax revenues for the first half of 2012.
- Russia completes a long, strange trip to the World Trade Organization
- Why People Are Going Nuts Over The New George Soros Speech On Europe
- China Confronts Mounting Piles of Unsold Goods NYT
- How to beat Africa’s water crisis--"Recent discoveries of water reserves under some of Africa’s mightiest deserts raise hopes for quenching African thirst. But the reality is much more grim."
- The World is losing faith in hard work--"Add faith in the work ethic and in capitalism to the lengthening list of casualties from the Great Recession. Four years after the Lehman Brothers’ fiasco and the ensuing global economic downturn, the idea that effort in a competitive economy can lead to success is seriously questioned in a number of major economies, including Japan, Russia and Greece, especially among those who have suffered the most."
- Julian Assange: Secret Police Documents Reveal WikiLeaks Founder To Be Arrested In Any Attempt To Leave
- Latin America, Caribbean unite to support Ecuador over Assange--"All the members of the Organization of American States, except for the US and Canada, have stated their solidarity and support of Ecuador’s decision to grant asylum to Julian Assange at a meeting of 35-member bloc in Washington."
- Sex, lies and Wikileaks--"As once friendly news outlets report the Julian Assange story more critically, we ask if the media has lost the plot."
- Greenwald: The New Statesman must correct its error over Assange and extradition--"The claim that Swedish courts, not government, have final say on extradition is a crucial mistake that distorts the Assange case."
- Oliver Stone and Michael Moore Support Julian Assange in Op-Ed--"Filmmakers say extraditing WikiLeaks founder to U.S. could have global repercussions."