Ex-Qahdafi Flunkies Debate Claims He Gave Sarkozy 50 Million Euros

Ex-Qahdafi Flunkies Debate Claims He Gave Sarkozy 50 Million Euros

Cross-posted from the Arabist. The French news site Mediapart has released another document it claims shows that French President Nicholas Sarkozy and his close associates had maintained backdoor ties to the Libyan government from 2005 to 2011, including a...
Europe Taking Lead on Speculations Tax

Europe Taking Lead on Speculations Tax

Out of the ashes of the 2008 financial crisis, an idea that progressives have been kicking around for decades – a financial transactions tax (FTT) – took on new life. There were high hopes that the G-20, which had declared itself the “premier forum...
Cut Wall Street Down to Size With a Financial Speculation Tax

Cut Wall Street Down to Size With a Financial Speculation Tax

If you want to transform the economy, you have to cut Wall Street down to its proper size. One way to do that is to tax the short-term speculative activities that dominate and distort financial markets. For ordinary investors, the costs would be negligible, like a...
Libya and the Law of Unintended Consequences

Libya and the Law of Unintended Consequences

Coming to terms with NATO’s intervention in the Libyan civil war is a little like wresting a grizzly bear: big, hairy, and likely to make one pretty uncomfortable no matter where you grab a hold of it. Is it a humanitarian endeavor? A grab for oil resources? Or...
Robin Hood 2.0

Robin Hood 2.0

Forget Russell Crowe. Global campaigners for financial transactions taxes have done way more to bring back Robin Hood’s spirit of equity. Activists in 25 countries, many of them sporting green tights and feathered caps, carried out coordinated actions this week...

The Advent of the G14

The Group of Eight (G8) has frequently come under attack for being an archaic institution that doesn’t represent the current configuration of global political and economic influence. These criticisms have intensified with the rise of the Group of 20 (G20)...