Sunday, May 19, 2019

Tag: Private Sector

Presidential Elections: Myths and Deceits

Every aspect of this year’s US Presidential election has been fraught with myths, distortions, fabrications, wishful thinking and invented fears. We will proceed to discuss facts and fictions. Electoral Participation The mass media, parties and candidates emphasized the ‘unprecedented voter turnout’ in the elections. In fact, 48% of the eligible voters abstained. In other words,...

Beware Donald Trump’s Infrastructure Plan

We don’t know much about Donald Trump's plans for this new toy he’s inherited called the world’s only superpower. But we know that he likes to put his name on things, which is why his prioritizing of an infrastructure program makes a lot of sense. He can barnstorm the...

With Trump’s election, is stimulus spending back on Washington’s agenda?

Has John Maynard Keynes just won a ticket back to the White House? Keynes was the British economist who advocated government deficit spending to stimulate moribund economies. And that seems to be the principle undergirding the $1-trillion infrastructure construction plan that President-elect Donald Trump proposed shortly before election day. Trump...

While You Weren’t Looking, Donald Trump Released a Plan to Privatize America’s Roads and...

So this is kind of cute. While most of us were tearing our hair out over the FBI and Hillary Clinton's emails last weekend, Donald Trump's campaign quietly released a plan to privatize new infrastructure development in the United States. I know, that's not very sexy on the surface....

Five Reasons You Should Blame The Economics Discipline For Today’s Problems

This ended up being a pretty long piece so, for the “tl;dr” people, here is a quick summary: We are experiencing deep economic problems and it is the fault of the economics discipline. Their macro theories suck. But, there is no mechanism forcing it to alter its models when they...

Donald Trump believes the United States can get $1 trillion in new roads –...

Inside two weeks before Election Day, Donald Trump has finally released a plan to pump $1 trillion of new infrastructure spending into the U.S. economy. He says it won't cost taxpayers a dime. Trump's economic advisers have embraced a modified version of a theory some liberal economists have been pushing for...

Another 9/11 Intrigue: Dick Cheney, John Yoo, and Continuity in Government (COG) Measures on...

In 1993 I wrote a book, Deep Politics and the Death of JFK, in which I said at the outset I was not going to try to solve the mystery of JFK’s murder but to examine the politics of it. I wish to argue here for similar research into the...

May 2016 TiSA Publication, WikiLeaks

Today, Wednesday, 25 May 2016, 11:30am CEST, WikiLeaks releases new secret documents from the huge Trade in Services Agreement (TiSA) which is being negotiated by the US, EU and 22 other countries that account for 2/3rds of global GDP. This release includes a previously unknown annex to the TiSA core...

Israeli made president Brazil’s Central Bank

As the suspension of Brazilian President Dilma Rousseff and corruption allegations loom in the background, a new appointment was announced: Ilan Goldfein, who was chief economist to Brazil’s largest private bank, will become president of the country’s largest bank. Haifa-born Ilan Goldfein was appointed on Thursday to be the president...

Saudi Arabia is suddenly facing a serious catastrophe – here’s why

Saudi Arabia is in serious trouble. The BinLadin Group, the kingdom’s largest construction company, has terminated the employment of fifty thousand foreign workers. They have been issued exit visas, which they have refused to honor. These workers will not leave without being paid back wages. Angry with their employer,...

Kingdom of Saudi Arabia’s Vision 2030

The Council of Ministers of the Kingdom of Saudi Arabia endorsed during its session today (Monday) under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud the Kingdom of Saudi Arabia's Vision 2030. Today's meeting was devoted to discuss the vision which was...

New direction in India-China economic relationship

Last one decade has witnessed a remarkable turnaround in India-China economic relation. From a trickle US$2 billion in 2001, the combined trade volume between two Asian giants has galloped to US$70 billion. Experts believe the figure to touch US$100 billion by the end of next fiscal year. China has...

China’s Africa Dream Isn’t Dead

Despite falling investment in the continent, Chinese entrepreneurs, investors, and wanderers are digging in. NAIROBI, KENYA — Jeff Kiarie was guarding a Chinese mine back in early 2014 near Arusha, Tanzania when Chinese managers and investors picked up and left, leaving their excavators, tractors, and wheel loaders behind, offering no...

EBRD: $341 million loan to upgrade Egypt’s oil and gas infrastructure

The European Bank for Reconstruction and Development (EBRD): The funds will be used to construct and operate a bulk-liquids terminal. A US$ 341 million facility to Sonker, an Egyptian company providing hydrocarbon storage and bunkering, will support a significant upgrade of the country’s oil and gas infrastructure and will contribute...

Saudi Aramco IPO More About Geopolitics Than Finance

In the first week of 2016, Saudi deputy crown prince Mohammed bin Salman, in an interview with the Economist, revealed that the Saudi government is considering selling shares in government-owned Saudi Aramco and/or its downstream assets through an IPO. He indicated that a decision on the IPO and its...

Moving Saudi Arabia’s economy beyond oil

After a surge in prosperity over the past decade fueled by rising oil prices, Saudi Arabia’s economy is at an inflection point. We see a real opportunity for the country to inject new dynamism into its economy through a productivity- and investment-led transformation that could help ensure future growth,...

China leading world towards global economic recession, warns Citi

A brutal slowdown across emerging markets will hurl the global economy into a fresh recession. A “hard landing” for the Chinese economy will likely lead the world into a recession in the next year, Citi’s global economics team has warned. Analysts at the Wall Street bank believe that a slowdown concentrated...

DoD, IT Industry Program Achieves Mutual Benefits

WASHINGTON, June 08, 2015 — A collaborative learning venture between the Defense Department and private-sector information technology companies features the exchange of IT personnel and the corresponding benefits of their knowledge, experience and skills for up to a year. The Information Technology Exchange Program, or ITEP, gives the department and...

DOD recruits Silicon Valley for cyber, innovation efforts

Carter unveiled his cyber strategy but displayed his doctoral thesis during his speech at Stanford. In formally unveiling the Defense Department’s new cyber strategy during a visit to the Silicon Valley Thursday, Defense Secretary Ash Carter underscored the changes in the technology and cybersecurity landscapes in recent years and said...

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