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Corruption

Big banks have had an ugly relationship with American soldiers lately

April 29th, 2015  |  Source: HuffPo

House Republicans are pushing legislation to block predatory lending protections for American soldiers, under pressure from the banking lobby.

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New Social Progress Index from Michael Porter

April 11th, 2015  |  Source: FSG Consulting

Michael E. Porter has announced the launch of the Social Progress Imperative, a new rigorous index rating the social performance of more than 50 countries. Developed with the AVINA, Rockefeller, and Skoll foundations, this is the first index to fully separate social indicators from economic ones. In examining data on basic needs, well-being, and opportunity it creates a global agenda for country level policy.


An African boom in building roads and railways should unclog economic bottlenecks, but is it sustainable?

March 2nd, 2015  |  Source: The Economist

ORANGE lights flash in the setting sun as Chinese workers lay train tracks on the dry edge of Tsavo national park in Kenya, lowering a 25-metre steel rail into place as gingerly as a dental filling. The men fret, with good reason: safety rules may protect them against falling sleepers but the African bush adheres to no regulations. Few workers dare to venture out of their sheet-metal camps at night for fear of big cats on the prowl: in January a watchman was mauled by a cheetah.


Paying for torture

February 26th, 2015  |  Source: The Economist

The CIA tortured suspected terrorists on Polish soil.
The European Court of Human Rights is making Poland pay the damages

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Poison Pill

February 24th, 2015  |  Source: PS Magazine

How the American opiate epidemic was started by one pharmaceutical company.

The state of Kentucky may finally get its deliverance. After more than seven years of battling the evasive legal tactics of Purdue Pharma, 2015 may be the year that Kentucky and its attorney general, Jack Conway, are able to move forward with a civil lawsuit alleging that the drugmaker misled doctors and patients about their blockbuster pain pill OxyContin, leading to a vicious addiction epidemic across large swaths of the state.


Question for FIFA: How many Watches Were Returned?

February 1st, 2015  |  Source: Least Thing Blog

Last September, FIFA investigated a gift of expensive watches giving to its top officials. Here is what it found:

[The Confederação Brasileira de Futebol] distributed 65 gift bags, each containing a Parmigiani watch, to a group comprising the 28 officials on the FIFA Executive Committee, a representative from each of the 32 Member Associations competing in the 2014 FIFA World Cup Brazil, and a representative from each of the 10 Member Associations in Conmebol.

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British thugs have discovered that blowing up ATMs is a good way to get the cash out

January 28th, 2015  |  Source: Bloomberg

NO AMERICAN ATM HAS EVER BEEN ROBBED WITH EXPLOSIVE GAS.
THE SAME WAS TRUE IN BRITAIN — UNTIL 2013.
NOW THERE HAVE BEEN MORE THAN 90.
INSIDE THE BIRTH OF A BOMB SPREE.

Along the western coast of England, under a half-moon hidden by clouds, a dark Audi sports car with fabricated plates followed an empty road toward a Barclays bank. Inside were five men, dressed all in black, and their gear: crowbars, power tools, coils of flexible tubing, and two large tanks of explosive gas. It was 1:51 a.m. The job would take just under seven minutes.


Target Chief's $47 Million Retirement and the 401(k) Gap

January 5th, 2015  |  Source: Bloomberg

The gap in the U.S. workplace between the highest and lowest paid has been growing for years. Far less noticed has been the growing gulf in retirement pay.

While the very top often continue to receive executive pensions as well as other benefits, most workers are left only with their 401(k) plans.


Delaware-size gas plume over West illustrates the cost of leaking methane

December 30th, 2014  |  Source: Washington Post

The methane that leaks from 40,000 gas wells near this desert trading post may be colorless and odorless, but it’s not invisible. It can be seen from space.




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