Politicians Benefited From Using Toxic Loans

Politicians Benefited From Using Toxic Loans

Talk of the recent financial crisis often falls into a simplistic narrative of villainous banks, marketing toxic financial products to innocent customers who did not understand their risks. Among the storied victims are municipal governments that took out loans with initially low interest rates, only to see the rates skyrocket when the crisis hit.

Tommy Koh and the US-Singapore Free Trade Agreement: A Multifront ‘Negotiation Campaign’

Tommy Koh and the US-Singapore Free Trade Agreement: A Multifront ‘Negotiation Campaign’

Sophisticated international negotiators don’t just do a number of separate deals, hoping that they somehow add up to the ultimate result; instead, they design and wage carefully structured «negotiation campaigns.» As the USSFTA case illustrates, it is useful in complex, multiparty situations for negotiators to think in terms of multifront

Australian Energy Regulator stresses ‘consumer first’ approach to power sector regulation

Australian Energy Regulator stresses 'consumer first' approach to power sector regulation

Electricity network companies are on notice that reviews of their spending and charges will put consumers at the forefront after a warning from the newly installed boss of the national energy regulator.

In a shot across the bows of the NSW network owners in particular, «benchmarking» will be central to the way the

Leighton covered up project blowouts, claims executive

Leighton covered up project blowouts, claims executive

Giant Australian construction firm Leighton Holdings faces courtroom accusations it concealed a financial black-hole worth up to $4 billion from shareholders, potentially breaching continous disclosure laws.

The allegations from a former senior company manager in the Federal Circuit Court come with the firm facing a

Greek Postwar Alliances Show Europe Has More to Lose Than Money

Greek Postwar Alliances Show Europe Has More to Lose Than Money

As Prime Minister Alexis Tsipras focuses on the economic arguments for a new bailout deal for Greece, the country’s strategic importance to the European Union may do as much to persuade Germany to grant him concessions.

With war in Syria to the east, the failure of the Libyan state to the south and a nascent cease-fire in Ukraine to the