President Donald Trump’s Financial History With Saudi Arabia | Velshi & Ruhle | MSNBC

President Trump says the king of Saudi Arabia denies any involvement of the disappearance of journalist Jamal Kashoggi . But the president’s acceptance of the king’s denial is wrapped up in a long financial history with the country. Ali Velshi takes a closer look at the president’s connections with Saudi Arabia.
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President Donald Trump’s Financial History With Saudi Arabia | Velshi & Ruhle | MSNBC

Another global financial crisis for developing countries?

SYDNEY & KUALA LUMPUR, Sep 18 (IPS) – George Soros, Bill Gates and other pundits have been predicting another financial crisis. In their recent book, Revolution Required: The Ticking Bombs of the G7 Model, Peter Dittus and Herve Hamoun, former senior officials of the Bank of International Settlements, warned of ‘ticking time bombs’ in the global financial system waiting to explode, mainly due to the policies of major developed countries.

Read the full story, “Another global financial crisis for developing countries?”, on globalissues.org

A golden lesson from the 2008 financial crisis

A golden lesson from the 2008 financial crisisTen years ago on Sept. 15, the financial firm Lehman Brothers filed for bankruptcy, triggering the worst global recession in decades. Largely unnoticed on this 10th anniversary, however, is the fact that it also awakened an improved culture of prudence in many financial firms as well as other companies. While financial crises are hardly new, the job of “risk manager” was invented only about two decades ago.