Jack Delano Bridge with 5-ton coal bucket, Milwaukee Western Fuel Co 1942 • Britain Is The Heart And Soul Of Tax Evasion (RT) • How a US president and JP Morgan Made Panama and Turned It Into A Tax Haven (G.) • Cameron Faces Questions Over £200,000 Gift From Mother (Observer) • Panama Papers: Act Now. Don’t Wait For Another Crisis (Piketty) • The Next Recession Will Blow Out the US Budget (Mauldin) • Schäuble: Time is Near to End
Read More...Wyland Stanley Pedestrians ascending steep grade, San Francisco 1935 • David Cameron’s Gift To The World: Trickle-Down Tax-Dodging (G.) • The Brexit Nightmare Is Becoming Reality (G.) • Swiss Finance Minister Offers Defense For Rich Caught Up In Panama Papers (R.) • Tax Scandal Reheats Iceland Politics (FT) • Germany Takes Aim at the European Central Bank (Spiegel) • The Eurodollar As An Economic No-Man’s Land (Kaminska) • Iran Steps Up Offense in Oil Market War With Price Discount (BBG)
Read More...Wyland Stanley Golden Gate Bridge under construction 1935 • US Braces for Worst Earnings Season Since 2009 (BBG) • Albert Edwards: Coming ‘Tidal Wave’ Will Throw The US Into Recession (BI) • Asian Shares Drop As Banks Come Under Pressure (Reuters) • KKR’s Chilling Message about the ‘End of the Credit Cycle’ (WS) • China Steel Exports Will Stay At High Levels For Years (BBG) • US Politics Is Closing The Door On Free Trade (FT) • VW Managers ‘Refuse
Read More...John M. Fox “The new Hudson” 1948 • Time To Stop Dancing With Equities On A Live Volcano (AEP) • Hillary Clinton’s Corporate Cash and Corporate Worldview (Naomi Klein) • How Bad Is China’s Debt Problem, Really? (Balding) • China Traders Flee to Hong Kong in Record Stock-Buying Streak (BBG) • China Set To Shake Up World Copper Market With Exports (Reuters) • Panama Papers Reveal Offshore Secrets Of China’s Red Nobility (G.) • David Cameron’s EU Intervention On Trusts
Read More...Jack Delano Residents of Miss Disher’s rooming house for rail workers, Clinton, Iowa 1943 • The Global Liquidity Trap Turns More Treacherous (Minerd) • Global Profits Recession Leaves Investors With Nowhere to Hide (BBG) • Global Bond Yield Plunge to Record 1.3% Is Flashing Warning Sign (BBG) • Are We Facing A Global “Lost Decade”? (Steve Keen) • Default Tsunami Brewing (BBG) • China’s Global Investment Spree Is Fuelled By Debt (Economist) • China Bulls Become an Extinct Species (WSJ)
Read More...DPC Surf Avenue, Coney Island, NY 1903 • Panama Bombshell Spells Demise Of Shadow Finance, And Privacy (AEP) • Tax Havens Don’t Need To Be Reformed. They Should Be Outlawed (Brooks) • Thousands Protest Demanding Icelandic PM’s Resignation (AFP) • German Banks Enmeshed In Panama Papers Leak (DW) • Data From Panama Law Firm Came From Employee, Not Hackers (Rijock) • Panama Papers Cause Guardian to Collapse into Self-Parody (OG) • China State Paper Sees ‘Powerful Force’ Behind Panama Leak
Read More...Harris&Ewing Kron Prinz Wilhelm, German ship, interned in US in tow 1916 • Panama Papers “100 Times Bigger Than Wikileaks” (Fusion) • Corporate Media Gatekeepers Protect Western 1% From Panama Leak (Murray) • ‘Panama Papers’ Leak Spells Danger For Tax Havens, World Leaders (CNBC)
Read More...Jack Delano “Untitled” 1940 • Trump Predicts A ‘Very Massive Recession’ (WaPo) • IMF Plots New “Credit Event” For Greece (Mason) • Greece Wants IMF Explanations Over Wikileaks Report (AFP) • IMF Weighing Exit From Greek Bailout (FT) • Lenders Eye Start Of Greek Debt Relief Talks At Mid-April IMF Meetings (R.) • As China Turns to Consumers, Australia Confronts End of Iron Age (BBG) • China’s Zeal For Steel Casts Long Shadows At Home And Abroad (G.) • The
Read More...Gottscho-Schleisner Fishing boat at Fulton Market Pier, NY 1933 • 2016: The End Of The Global Debt Super Cycle (PR) • Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era (BBG) • Defiant China Slaps Steel Tariffs On Britain, EU As Trade War Looms (AEP) • Tata’s Pain Intensifies As China Imposes Hefty Tariffs On Hi-Tech Steel (Tel.) • Anbang’s Starwood Retreat Is Setback For China’s M&A Campaign (Reuters) • How People In China Afford Their Outrageously Expensive Homes (Forbes)
Read More...William Henry Jackson Jupiter & Lake Worth R.R., Florida 1896 • Asia Stocks Head for Biggest Drop in 7 Weeks Amid Broad Declines (BBG) • Hong Kong Retail Sales Plunge the Most in 17 Years (BBG)
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