Global Intelligence
One hedge-fund manager, Pascal Forest, has taken the additional step of setting up his firm, Forest Investments LLC, in San Juan. Forest, a former portfolio manager at London-based BlueGold Capital Management LLP, said the tax incentives played into his decision to move to the island, as did his wife, who is Puerto Rican and wanted […]
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By Caroline Salas Gage and Liz Capo McCormick – Oct 14, 2013 The Federal Reserve is getting more involved in debt markets as it tries to compensate for the impact of its almost $4 trillion balance sheet on short-term interest rates. Policy makers are testing a new tool intended to improve their control of near-term […]
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Submitted by Simon Black of Sovereign Man blog, It’s become almost cliche these days to point out how many governments are broke beyond belief. In Japan, where the country’s debt level already exceeds 200% of GDP, the government has to finance 46% of its budget by issuing more debt. In the United States, the governments […]
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Some people argue that countries can’t default. But that’s false [16]. It is widely stated that the U.S. government has never defaulted. However, that is also a myth. Catherine Rampbell reported [17] in the New York Times in 2011: The United States has actually defaulted on its debt obligations before. The first time was in […]
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Skype is being investigated by Luxembourg‘s data protection commissioner over concerns about its secret involvement with the US National Security Agency (NSA) spy programme Prism, the Guardian has learned. The Microsoft-owned internet chat company could potentially face criminal and administrative sanctions, including a ban on passing users’ communications covertly to the US signals intelliigence agency. […]
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Created 14/10/2013 – 00:52 Brazilian President Dilma Rousseff announced Sunday that her government was creating a secure email system to try and shield official communications from spying by the United States and other countries. “We need more security on our messages to prevent possible espionage,” Rousseff said on Twitter, ordering the Federal Data Processing Service, […]
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Chaos, Complexity, and Entropy PDF Chaos, Complexity, and Entropy A physics talk for non-physicists
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Further Reading: http://kahudes.net/
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While US politicians grapple with how to reopen their shuttered government and avoid a potentially disastrous default on their debt, the world should consider ‘de-Americanising’, a commentary on China’s official news agency said Sunday. “As US politicians of both political parties (fail to find a) viable deal to bring normality to the body politic they […]
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There is a mathematical formula created by a professor at the University of Connecticut which appears to be predicting a huge social shift – and which may explain why we’re in the shutdown and debt ceiling crisis. Professor Peter Turchin has spent years developing a model that uses numbers to explain historical cycles – like […]
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