British Virgin Islands Financial Services Commission [source: Wikipedia]

Above a certain amount, cash ceases to be useful. Anyone making serious profits from criminal activity needs the money in a less suspicious, more amenable form—in a bank account to start with, and then perhaps invested in something more exciting: a helicopter (Arnoldo Aléman, corrupt ex-President of Nicaragua), or a $15 million New York apartment… Continue Reading ➤

Inflating another Bubble?

[source: wikimedia]

Since the 2008 recession, journalists and politicians have spilt much ink arguing over the nature and sustainability of the economic recovery in the UK. Pessimists first lamented a prolonged period of GDP flat-lining as the economy tinkered on the edge of a double-dip recession. Now that the UK is poised to be the fastest growing… Continue Reading ➤

Dubai: an economic paradox?

[source: Beth Swords]

Dubai has seen eight bear markets, in which the daily stock market has declined by 20% or more, in the past six years.  On June 30th, the benchmark DFM General Index lost 26% in value. But Dubai is still considered one of the fastest growing markets in the world. Volatility is often considered an impediment… Continue Reading ➤

Fair Trade?

Maxhavel/German Wikipedia under Creative Commons License

In 2001, leaders from 143 member states of the World Trade Organization (WTO) met in Doha, Qatar to begin a new round of talks. The aim of these talks, known as the Doha Development Round, was to reduce global barriers to trade, a mission in keeping with the increasingly globalised economy of the 21st century…. Continue Reading ➤

Bon Appétit: Capitalism, with a Side of Fair Trade


Recognizing the “fair trade” certification symbol on a favourite supermarket food item is often cause for a mental pat-on-the-back for more ethically-minded consumers. This is because this symbol often comes along with a Fairtrade Association promise that the item in your basket has been produced with “better prices, decent working conditions, local sustainability, and fair… Continue Reading ➤

Uneconomical Nomads in the Negev

Wadi al Na'am, a Bedouin Village [Source: Eliyahu Hershkovitz]

In September 2011 the Israeli government embarked on a five-year economic development programme aimed at the Bedouin: a traditionally nomadic Middle Eastern people with a significant population in the country’s Negev Desert. It claims that the Prawer-Begin Plan will raise living conditions, improve access to services, and help the long-term prospects of what has long… Continue Reading ➤