Economy

Canadian Company Threatens El Salvador with Free Trade Lawsuit Over Mining Project

A Canadian mining company intends to sue El Salvador's government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.

Beyond the Bailout: Agenda for a New Economy

The financial crisis has put to rest the myths that our economic institutions are sound and markets work best when deregulated.

Emanuel Was Director Of Freddie Mac During Scandal

President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com.

The financial economy and the real economy

This extraordinary capacity to finance not on past wealth but on the present value of future anticipated cash flows is at the core of America's dynamic approach to wealth creation” - Edelstein, R., and Paul, J.M. Europe needs a new financial paradigm. Wall Street Journal Europe June 12-13, 1998. Quoted in The Fisherman and the Rhinoceros.