dad norman macrae died of cancer june 2010- his obituaries- his last article dec 2008 on the sad consequences subprime would trap youth in - coming notes on remembrance parties across the globe- on his 10th parting we are also zoom-remembering- rsvp
next only to education/health/safety, change in banking immediately changes lives of families and generations whereas infrastructure and natural resources multiply national impacts over time- financial services have at least 3 segments - how its designed for people, for big organisations, for pensions ang government
since 1950, in developed countries - quarter of humans) changes in tech have caused changes in finance first- some peoples have leaped into banking consider those most linked to developed west, development of china region, rest of developing world- we will map what happened to innovation of tech to the west which has had access to 4 tech revolutions from 1950 rural, space-communications, engineering , computing brain power- china that had access to rural revolution in 1970s, engineering from 1980s, all tech from about 2005, and bangladesh which accesses rural change from 1970, has for most of its people not yet accessed engineering change, has joined in other tech between 1995-2005 thanks to being the epicentre of ngo sdg economy - epicentre fazle abed- of course in a world of 200 nations there are other hybrid models but decide which if any of these three is one your peoples need to understand first because big data collection has gone global - see society 5.0 and osaka track g20 2019
key system transformations -paper non-digital banking operations, digital operations, consumer digital atm and cards and end of community banking. mobilising change in commerce and banking, integrating all post 1950 tech revolution- finance needed to be a future affair that teachers and students questioned before youth began livelihoods- since 1760 alumni of adam smith and james watt glasgow u birth of industrial revolution have recommended mediating these questions openly - how much of wealth and natural resources do the top 10 and 500 people control- is your society one in which 3 halves of people - women youth and poor each have less than 10% voice in the future of their generation

putting our species at risk- wall streets bankers and washington lobbyists and careless media moguls did the worst job ever at end of 2000s- can ny's biggest fund managers return the planet to all families as we enter 2020s - search worldrecordjobs -biggest marketmakers bezos and ma - then join us at -or help us value goal of worlds biggest -search - google versus microsoft; health&safety investor bloomberg vs soros; largest funds fink versus mitsubishi ; education for all schwarzman versus hongkong-singapore partners -supercity adaptability ban ki-moon versus masa-son; big decision makers events schwab vs guterres; rural villages fazle abed partners

we also thank the baltimore branch of for sharing its investigative scholars of everything that's crazy about 21st financial services that thurgood marshall wouldn't have let rip

dec 2020 Washington thinktanks have become in most cases as dismal as the supreme leader trump making these exceptions absolutely brilliant 1 2
this economics policy series shows how banking in america has been serially designed to tip off the poor and the young - and even when the rich elders mess up they demand the poor and young bail them out- i now see why my father as early as 1980s described macroeconomics as totally fame political chicanery nothing to do with the origins system designs of the first 200 years of followers of adam smith moral sentiments- see also

Sunday, August 15, 2021

finance for the poorest -europes greatest heroines and heroes include

 nominations welcome rsvp


marie nowak

martin hirsch

emanuel faber - first job mother theresas; most recet job ceo danone- leader of the 2005 brainstorm session with muhsmmad yunus from which global social business movements out of france moved the world- co-partner in global social business hec professor faivre tavignot

 spain 2013

nazrul chowdhury

Nazrul I. Chowdhury, advisor to the Official Credit Institute (ICO) and international expert in microcredits, has presented the first thesis within the doctoral program of Development Cooperation of the Interuniversity Institute of Local Development (IIDL) of the Universitat Jaume I. The Research work "Guiding principles of microcredits", directed by the professor of Economics of the UJI, Ana María Fuertes, was awarded with outstanding cum laude by the court.he explained a pilot program that he has launched five years ago with the ICO to make it known in Spain. It is about offering microcredits in four cities (Seville, Huelva, Pamplona and Barcelona), and thus being able to compare results.

The court has been made up of Juan Velarde Fuertes, professor of Applied Economics at the Complutense University of Madrid; José María Jordán Galduf, professor of Applied Economics at the University of Valencia and professor of the Master in Development Cooperation, and Miguel Ginés Vilar, professor of Economics at the Jaume I University.

collage review of microfinance during coronavirus 2021


Under this Call, the Commission’ DG REGIO seeks expressions of interest from managing authorities (MAs) and intermediate bodies (IBs) of Regional Development Fund (ERDF) and Cohesion Fund (CF) programmes wishing to take advantage of expertise support to explore a closer cooperation with citizens … Loan and interest payments must still be repaid in due course. Microfinance sector battles coronavirus pandemic to grow 17% year-on-year. A joint survey conducted in July of 108 MFIs worldwide by renowned microfinance institutions ADA (Autonomous Development Support) and Grameen Crédit Agricole Foundation, alongside microfinance-focused investment manager Inpulse, meanwhile, found that the biggest institutions (Tier 1 in the below chart) … The e-commerce and IT sectors in the country grew as businesses and trade suffered due to the coronavirus restrictions and lockdowns. Pakistan Microfinance Network (PMN) launched a research study to assess the impact of COVID-19 on MSEs in order to understand how the coronavirus pandemic has impacted their household incomes, business operations, and how they are coping with the shock and what kind of support is required for their … To help the microfinance and financial inclusion community stay up-to-date with the most recent developments related to coronavirus (COVID-19) and its impact on the sector, we encourage organizations to share their publications, events, news and other resources responding to the crisis. Leading microfinance and impact fund managers have signed an MoU for debt refinancing coordination principles, to support the sector during the Covid-19 pandemic. The European Fund for Southeast Europe (EFSE), a microfinance investment vehicle domiciled in Luxembourg, recently agreed to loan EUR 2 million (USD 2.4 million) to Banca Transilvania (BT) Leasing MD, a Moldovan entity controlled by Romania’s BT, to finance micro- and small enterprises (MSEs) that need capital as a result of the economic impacts ofContinue reading → According to a World Bank estimate, 71 million people could be pushed into poverty as a result of COVID-19. Housed at the World Bank, CGAP is supported by over 30 leading development organizations committed to making financial services meet the needs … Kindly note that this is a deferral of repayments only. Blog Entry | 24 May 2021. Over 80 percent of microfinance borrowers in the study (n=428) reported a decline in household incomes or business revenues. /Public Release. Under the current restrictions in place against the coronavirus it is likely to be a reality for millions of poor entrepreneurs this year. The lender wrote off Rs 318 crore during the fourth quarter while it made additional provision of Rs 112 crore. The Reserve Bank of India has expressed strong reservations about Assam’s bid to regulate microfinance activities by way of a legislation, because the Act, promulgated on January 27, leads to dual regulation of a key component of the credit market. NBFC-MFIs contributed 32% to the total market size, microfinance industry association Sa … The combined micro credit portfolio of all lenders stood at Rs 2,47,839 crore at the end of FY21 with banks accounting for 44% of the market. ... •All financial institutions and microfinance institutions will offer a six -month deferral of interest payments for products with a maturity date of September 30 or thereafter (the Government will review possible liquidity support for lenders); The benefit of microcredit for women through their empowerment is one of the much-acclaimed achievements of the Grameen model. Published on: FinDev Gateway. I will first briefly introduce the characteristics of the coronavirus disease 2019 (COVID-19) and the epidemic it is … In our introductory blog post, we introduced the members of this coalition and highlighted their capabilities to reach the lowest income countries using both traditional approaches and digital channels. support during the Coronavirus outbreak. Explore over 8,000 publications, trainings, events, jobs and announcements which have been curated by our editors and submitted by a wide range of organizations from around the world. COVID-19 second wave impact: Microfinance collections fall up to 20% in April-May, says industry body The average ticket size of loans in Q4FY21 for banks was Rs … — Reuters/File ... Mobilink Microfinance Bank, on Monday. Updated Daily: Help for Nonprofits During the Coronavirus and Uncertain Economic Times. The Savings and Loans and Microfinance industry on … One of the sectors hit hard by coronavirus lockdown has been the micro-loan lending sector. Editor’s note: The Economist is making some of its most important coverage … Lockdown | Coronavirus | microfinance institutions. During the event, Teten also prided BRI as the champion of MSMEs. Microfinance loans could spell disaster in the time of coronavirus July 27, 2020 General Interest 67 When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a … Cambodia’s banks showing Covid cracks. We find that, on average, week-on-week sales and household income both fell by about 90%. Mr. Oppong Nkrumah was Managing Director of West Brownstone Capital which was the largest shareholder of Oval Microfinance Limited. However, with the help of NRB policy provisions and some degree of resiliency, they managed to survive during the review The microfinance company, Oval Microfinance Limited, was among 347 insolvent microfinance companies whose licenses were revoked during the banking clean-up in President Akufo-Addo’s first term. This study investigates the effect of the COVID-19-induced decline in economic activities on the financial and social efficiency of microfinance institutions (MFIs). Who is Greta Thunberg? Among other sectors NGO-MFIs run microfinance sector was also disrupted in Bangladesh. The life threatening coronavirus (Covid-19) spread out all over the world in the year 2020 and government in many countries including Bangladesh were forced to declare state of emergency like lockdown to stop the spread of the coronavirus. They are less likely to have access to quality, affordable health care and … Akande said during the period under review, 2,359 cooperative societies were revalidated, 247 new registrations were accepted, while the state mediated in 410 cases involving cooperative societies. FinDev Gateway hosts the largest, free collection of online resources on microfinance and financial inclusion. ACEP, as the lender is known, is a microfinance company that gives small loans to help businesses grow. We find that the pandemic-induced impact decreases the financial efficiency of MFIs; however, the social efficiency of MFIs is increased under the impact of COVID-19. Can Cash Transfers to Digital Wallets Be a Lifeline During the Pandemic? Telenor Microfinance Bank Enters 2021 with Renewed Commitment for a Digital Pakistan. NBFC-MFIs contributed 32% to the total market size, microfinance industry association Sa … KWFT as a responsible corporate citizen, commits to take proactive measure to prioritize safety and well-being of our staff, customers and the general public during this crisis of the Coronavirus Disease (COVID-19) which is a global pandemic that has disrupted personal and business activities. Finance News: Get latest Banking news, Reserve Bank of India news, FIIs, NBFC, Insurance news, SEBI news, Public and Private sector bank news, NBFCs and gold lending news at Business Standard. Published on: Center for Financial Inclusion. Published on: The Good Feed. Pre-provision operating profit jumped 83% at Rs 329 crore from Rs 180 crore. 15 April 2020. It started in Senegal in 1989, before expanding to Madagascar, Cameroon, Burkina Faso and Nigeria. LankaBangla Finance Limited, one of the leading NBFIs in Bangladesh, received a loan of USD15 million from BlueOrchard Microfinance Fund managed by a Switzerland based impact fund manager BlueOrchard Finance Limited. Economic inequality is the unequal distribution of income and opportunity between different groups in society. Switzerland and France are leading the way. Coronavirus: Governments must step in to help small business; Can issues with onboarding new borrowers limit micro-finance success? measures by the Government to contain the spread of coronavirus. It is the poor and near-poor in developing countries who are the most vulnerable to these impacts. COVID-19 represents crisis for microfinance in low-income communities. MSC developed a series of conversational comic books for microfinance institutions (MFIs) to inform their frontline staff members on safety measures during the COVID-19 pandemic. During the Global Business Outlook Awards in May, 2021 U Microfinance Bank Ltd. (U Bank) was awarded Fastest Growing Microfinance Bank … COVID-19 (Coronavirus): ADB's Response. MD's Message. She shares lessons learned during the process, which could be useful in helping MFIs navigate future crises. Going beyond microfinance During my time at Grameen Bank, I saw how most traditional microfinance borrowers were women yet very few could graduate beyond the microloan to grow a sizeable business. Finairo Microfinance Solution assists microfinance institutions to implement a robust technology platform for better automation, security and reporting.Our solution is built on latest technology frameworks to meet the need of MFIs for deployment in remote offline locations and maintain a centralized server to ensures due monitoring & reporting, that can span across countries/regions. Abstract. Through BRI Microfinance Outlook 2021, BRI has led its role in MSMEs. CGAP (Consultative Group to Assist the Poor) is an independent think tank that works to empower poor people to capture opportunities and build resilience through financial services. Why school closure is a last resort. Who is Greta Thunberg? A 15 year old teenager that is set to save earth Resilience and the Three Phases of Response. Earlier in May, a PMN survey of five MFPs, conducted during last week of April, showed significant impact of coronavirus on micro and small enterprises. microfinance loan officers, and interviews with regulators and senior representatives of microfinance institutions. Government aid for small business during Corona. It operates in five African countries. We ran these surveys starting about a week after the country went into lockdown to prevent the spread of the novel coronavirus. The television set plays the news on mute at a microfinance executive’s home in Noida. The combined micro credit portfolio of all lenders stood at Rs 2,47,839 crore at the end of FY21 with banks accounting for 44% of the market. - refers to the implementation of temporary Enhanced Community Quarantine measures imposing stringent limitations on movement and transportation of people, Kolkata: The lockdown to contain the spread of coronavirus has put the microfinance sector on the edge. A prime-time panel of experts is having a spirited debate about an exit strategy—how to ease coronavirus restrictions, find a way out of the pandemic, and revive the battered economy. We’ve gathered stories and how-to advice from the Chronicle and sorted them into collections to help you find the information you need to respond to the coronavirus and its impact on your workers, volunteers, fundraising — and finances. ... Queensland Minister New South Wales environment council industry UK education Investment investigation project local council coronavirus … Decentralisation and social mobilisation during the second wave of COVID-19 Mumbai’s response to COVID-19 has been lauded as an example of coronavirus containment Vibhav Mariwala and Kadambari Shah June 10, … Please go … During the first meeting of the newly formed Assam government and microfinance … The collections during the first wave picked up in the pre-covid portfolio and normalised for post September 2020 originations. Microfinance sector battles coronavirus pandemic to grow 17% year-on-year. The chairman of the Cambodian Microfinance Association, Kea Borann, rejected claims of predatory lending and said that no land had been seized by any of its 90 members during the coronavirus pandemic. Objective of the call. Microfinance institutions (MFIs) have been relatively less hurt by the second wave of the coronavirus disease (Covid-19) outbreak, but haven’t been spared entirely either. A 15 year old teenager that is set to save earth COVID-19 - refers to the Coronavirus Disease 2019 which is caused by the virus known as the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Low-income families and small businesses are acutely vulnerable to the health and economic impact of a global pandemic. In the past five years, the pool of small borrowers has almost doubled, to 58 million, according to Microfinance Institutions Network, or MFIN. Hamsini Karthik | Mumbai Last Updated at April 15, 2020 00:47 IST. Krif Ghana Limited hosts 5th webinar on effects of coronavirus on microfinance industry. TAIN-L'HERMITAGE: A bystander slapped French President Emmanuel Macron across the face during a trip to southeast France on Tuesday on the second stop of a nation-wide tour. What do Chickens have to do with Microfinance? As the new year brings with it hope for better times to come, Telenor Microfinance … 14 May 2020. Microfinance institutions (MFIs) have been relatively less hurt by the second wave of the coronavirus disease (Covid-19) outbreak, but haven’t been … Switzerland and France are leading the way. Many countries have established government credit guarantee programs to ensure that SMEs can access liquidity. The Coronavirus AKA COVID-19 continues to disrupt lives and businesses globally. A money changer holds a fan of the Cambodian riel currency in a file photo. by the new coronavirus, China’s epidemic patterns and actions and the combined impact on China’s SMEs may provide some useful insights for the U.S. government and businesses. ... before and during … This post was originally published on FinDev Gateway. How BRAC Microfinance is responding to the coronavirus outbreak in Bangladesh. (Bloomberg Markets) -- In February 2020, unaware the coronavirus pandemic was about to wipe out her livelihood, Arpita Das borrowed $2,300 to buy materials and equipment for her family fishing business in West Bengal, India. Spain confirms full support to UNRWA during CG official visit ... relief and social services, camp infrastructure and improvement, protection and microfinance. According to World Bank, 70 percent of the world’s poor are women. Categories Coronavirus, Finance Tags coronavirus, data, digitalization, financial inclusion, MFIs, microfinance… Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has posted strong financial results during the first quarter of 2021, as showcased by its quarterly financial statements. 24/Mar/2020. The chairman of the Cambodian Microfinance Association (CMA), Kea Borann, rejected claims of predatory lending and said that no land had been seized by any of its 90 members during the coronavirus pandemic. Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has posted strong financial results during the first quarter of 2021, as … In response to uncertainties due to the coronavirus pandemic, we're taking steps to provide you with some peace of mind. ... Supply Chain Finance, and Microfinance Programs. Government aid for small business during Corona. To continue our zero interest microfinance initiative for single moms in Liberia; especially during this coronavirus period that has affected their small business, your support is highly needed. Total income grew 51% year-on-year at Rs 726 crore with net interest income rising 59% at Rs 464 crore. Clients may be able to defer repayments for 3 months or longer, subject to review. Ireland is expanding an existing direct lending program to help small businesses deal with declining revenues during the coronavirus crisis. Commenting on April-May 2021 period, the rating agency said collections for MFIs and small finance banks (SFBs) have declined 3-5 per cent in April 2021 and additional 5-7 per cent in the … The total number of coronavirus-related deaths in Britain now stands at 127,710. Appetite amongst Ireland’s smallest firms for State-backed loans began reverting to normal levels in 2021 after record borrowing last year to cope with the impact of Covid-19. Millions of Defaults Threaten Microfinance's Future in India. The CISA Insights: Risk Management for Novel Coronavirus (COVID-19) provides executives a tool to help them think through physical, supply chain, and cybersecurity issues that may arise … Bank Alfalah Islamic isone of the leading promoters of the government backed “Mera Pakistan MeraGhar” low cost housing finance scheme since its inception. What do Chickens have to do with Microfinance? The microfinance institution (MFI) is an important component of this. Whole Planet Foundation continues to monitor the situation with our partners and is proud to support microfinance partners who are focused on serving the poor during uncertain and challenging times. Your donations or contributions are milestones to this effort. "The event is indeed really good. It includes information on the amounts of the packages announced by ADB members during 2020 to combat the effects of COVID-19. The coronavirus-driven labour crisis across much of the developing world, therefore, risks a second crisis, with food insecurity combined with threats from creditors. ACEP helps very small businesses stay alive. The message from Cambodia’s central bank and financial executives is that all is well on the financial front. For his part, Azzam stressed the importance of bringing all stakeholders together to cooperate and help push the microfinance sector forward, especially during the novel coronavirus … Review of data for the period of mid-March 2020 to mid-July 2020 shows that microfinance institutions have severely been hit by the lockdown measures. It is a concern in almost all countries around the world and often people are trapped in poverty with … 6. The coronavirus pandemic is projected to have a large and detrimental impact on small and medium-sized enterprises (SMEs). These comics have been customized for different geographies. The COVID-19 pandemic has created significant challenges across the globe but particularly for developing countries. For microfinance lenders, covid-19 is an existential threat. On March 6, 2020 CISA released an alert reminding individuals to remain vigilant for scams related to Coronavirus Disease 2019 (COVID-19). Microfinance Coalition, Test of a Lifetime: COVID-19 and Financial Inclusion. Image: Facebook. Coronavirus: Governments must step in to help small business; Can issues with onboarding new borrowers limit micro-finance success? During the coronavirus pandemic, financial inclusion is more critical than ever. Vocational Training is Making a Difference for Adama
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Monday, July 12, 2021


sunil adarwal

douglas arner

long chen l acad

christian catalini

Tuesday, March 23, 2021

 today's bloomberg opinion had lot of interesting stories - they also show how finance connects with everything; unfortunately there is a contradiction between where american financiers and politicians are driving 4% of humans locked into usa and sustainability of 96% of other humans- a paradox arises when you are the worlds reserve currency - it is no longer possible for monetary policy to sustain your own peoples as you are being played by the worlds global organisations and whither the purposes of their market sectors are exponentially sustainable


This is Bloomberg Opinion Today, a credit report of Bloomberg Opinion’s opinions. Sign up here.

Today’s Agenda

America’s Downgrade Non-Crisis Turns 10

Where were you on August 5, 2011? 

No idea? Here’s a hint: It was a day something historic and unthinkable happened. Those usually burn into your memory, right? Like the JFK assassination or the 9/11 attacks. 

But you could be forgiven for having no recollection of August 5, 2011, which was the day Standard & Poor’s downgraded its credit rating for the United States of America. It was indeed historic and shocking. But it was almost immediately forgettable, because it was so meaningless. Other rating agencies ignored it, and America has had no trouble getting loans in the decade since. 

Nevertheless, John Chambers, the former S&P analyst responsible for the downgrade, recently told Brian Chappatta that he has no regrets. The political dysfunction that inspired the downgrade (remember the ridiculous debt-ceiling fight?) has only gotten worse, he says. Even the $2 trillion mistake by the rating agency in forecasting the country’s future debt burden has been rendered moot by the wild spending and tax-cutting we’ve seen in recent years. S&P has had plenty of chances to upgrade the U.S. from AA+ but has repeatedly declined, as recently as this week.

Of course, credit ratings only have meaning if society agrees they have meaning, like money or Libor or Christopher Nolan films. The financial crisis taught us hard lessons about giving ratings too much power. And again, the U.S. still has no trouble borrowing, despite all the dysfunction and spending and whatnot. But Democrats must think Chambers is at least partly onto something, given they plan to raise taxes to help pay for their next big spending package. Read the whole thing

Further Political-Dysfunction Reading: A " talking filibuster" won't solve the Senate’s filibuster problem because the GOP is perfectly willing to spend as much time as it takes reading Green Eggs and Ham or whatever. — Jonathan Bernstein 

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The Next Elon Musk Spricht Deutsch

Volkswagen today became Germany’s most valuable company, which is a little like becoming the best baseball player in AAA. Its $166 billion market cap would put it maybe in the top 50 of U.S. public companies, and mathematics informs us that’s just a fraction of Tesla’s $650 billion. Still, you’ve gotta start somewhere, and VW is on the rise because it's looking more and more like a true rival to Tesla, writes Chris Bryant. They also have a longer track record of producing vehicles. Now it’s focusing on software and batteries with a view toward electrifying half its new cars by 2030. On the downside, VW also has an old-line automaker’s high costs, including gazillions of employees. But VW might also have an easier time scaling up than Tesla has, making Herbert Diess a real threat to take Elon Musk’s Technoking crown. 

Building a Biden Doctrine

It’s early days yet, but President Joe Biden isn’t exactly reviving every aspect of his old boss’s foreign policy. That may be a good thing. For example, Eli Lake notes, Secretary of State Antony Blinken, ahead of a meeting with Chinese officials in Alaska tomorrow, has used some surprisingly tough language about Beijing’s aggression and treatment of Uyghurs. This might help reassure regional allies that Biden won’t be as forgiving as Barack Obama or as unfocused as Donald Trump about China’s threat. 

Less encouraging, so far at least, has been Biden’s attitude toward Syria, writes Bobby Ghosh. Obama infamously drew a “red line” there and let Bashar al-Assad cross it. Trump didn’t make such a glaring mistake but was still too passive. Biden’s actions so far promise more of the same. Syria is too important for such neglect, Bobby writes, requiring more aggression — including, God forbid, the enforcement of red lines.

Bonus Foreign-Policy Reading: Boris Johnson’s “Global Britain” vision is ambitious, but expensive. — Therese Raphael 

Telltale Charts

As Jay Powell suggested today, dismissing market agita about the threat of higher prices, inflation isn’t even close to becoming a problem. Nir Kaissar points out the nightmarish stagflation of the 1970s built up very slowly and with plenty of warning. Policy makers won’t let that happen again.

Further Reading

The CDC’s six-foot-distance rule keeps kids out of schools despite studies showing a three-foot distance is just as safe. — Bloomberg’s editorial board 

Facebook must confront its vaccine-skeptic problem. — Tim O’Brien 

Fighting the Purdue bankruptcy deal because it strips too little from the Sacklers risks keeping money from victims. — Joe Nocera 

A new study shows Keynes was right about real estate being riskier than it seems. — John Authers 

We’ve been mistakenly blaming margin debt for market crashes since the ‘20s. — Stephen Mihm 

Racial bias in NFL concussion tests deprives Black players of settlement money. — Cathy O’Neil 

The NFT craze is no different from other parts of the art market. — Tyler Cowen 


The IRS is delaying the tax-filing deadline.

Trump’s net worth has taken a hit.

An ARKK copycat is trouncing Cathie Wood’s ETF.


10,000-year-old basket found in Israel. (h/t Ellen Kominers)

App creates fake noise to help you escape Zoom meetings. (h/t Mike Smedley)

Dogs may be 95% accurate at sniffing out Covid.

The human brain developed because larger animals went extinct.

Notes: Please send fake noises and complaints to Mark Gongloff at

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Monday, March 15, 2021

revolutionary debates in education and funancing and glasgow's role in 2021

3 very different topics-
 #1asianow scheduling all 3 transformative education summits in december 2021   two in uae one in hong kong is - do you have any travel schedule  uae spring yet? 

uae linkedin include dubai rewired;  qatar wise ; mb ...& AA
www youth sdg mover/shakers include ac   - glasgow lp edinburgh ne  
netherlands zm (elder -maxima)
nigeria   (elder brown nets  rs )
china research ai education jc

  #2 every week more is emerging on glasgow's centrality to climate and sustainability debates in november- do your friends at skipton or elsewhere intent to participate at glasgow- i am now 13 years into debates at glasgow university on what adam smith would think of the chaos machines and economist have spun and is there any way out for youth; #3 digital money raises 4 sorts of question - 1 it actually offers huge advantages to those most isolated unbanked people- eg china says tibet is the highest user of digial transactions; 2 it raises questions- which nations wish to reverse credit cards- this first app of tech caused huge family debt; 3rd blockchain and fintech merges in sectors that are being completely redesigned- eg electric trucking will need to redesign locations of energy station; this turns the truck into smart device maximising trip hireouts and energy station firs- blockchain can mediate that; 4 which nations want to change the dollar as worlds reserve currency - china has started - its closing down the value of china sticks quoted in usa wherever they are part of banking systems- see this extract Tencent (OTCPK:TCEHY],OTCPK:TCTZF) shares fell 4.4% on Friday and dropped over 4% during Monday trading in Hong Kong, finishing up the day down 3.5%. The over $60B pullback has essentially wiped out the value of its fintech and payments business, which Bernstein puts at a $105-120B valuation. Last week, Bloomberg sources said Chinese regulators were focusing on Tencent after cracking down on Jack Ma's Ant Group. Tencent could also be forced to restructure its financial and insurance units into a holding company for tighter regulatory scrutiny. 

 footnote related to
every week new debates are being stimulated by people making up glasgow calendar -there is a lot of tension- glaswegians wanted to keep nations politics to minium; london and g7 organisers are maximising it- i will start blogging some of these topics at - notable whatever glasgow handsover to education now has 3 world class asian stages in december - dubai is where whole of un and gordon brown is updating edu transformation - qatar, hong kong are the summits fazle abee inspired; there are now many rumors that china is going to take global finance to a new platform at beijing olympics - it has devalued us quoted stocks alibaba and tencent so that americans cannot influence digital yuan; schwarzman and tsinghua scholars in midst of this as beijing mayor bridge between scholars and olympics- meanwhile vaccinations appear to be designed so only the powerful can travel during the 12 last chance months for youths sustianability

footnote from - keynes must be rolling in his grave- having explained the greatest risk to our species was powering old academics to exclude youth from what futures are possible- this is what americans economic gurus have used both lawyers and non-transparent venture funds to do especially with media and everything von neumann created for youth to celebrayte

Tuesday, March 2, 2021


Welcome back!

The little-known agency at the heart of the FinCEN Files investigation is in the spotlight again, thanks to a new report by anti-corruption group Global Financial Integrity.

The organization brought together 19 anti-money laundering experts from government, the financial industry and academia to develop recommendations to reinvent the U.S. Treasury’s Financial Crimes Enforcement Network, an intelligence unit the report describes as underfunded, overstretched and behind the times.

The policy paper cites ICIJ and BuzzFeed News’ international investigation on the failures of the U.S.-led global enforcement system, which we found allows trillions in tainted dollars to flow freely through major banks despite repeated crackdowns.

Their recommendations echo many of the things experts told us need to be done to make the agency more effective. The group also calls for FinCEN to launch a “Manhattan Project” to improve its technology to keep up in the battle against dirty money, terrorism financing, and other emerging money laundering challenges.

The global fight against cross-border financial corruption was a focus of several high-profile reports published in the last week by leading international organizations …

The OECD, a club of rich nations, credited ICIJ investigations for fostering public interest in targeting the facilitators of sophisticated financial crimes in its first-ever report on what countries can do to crack down on lawyers, accountants, offshore specialists and other “professional enablers” who help rogue actors hide money and outsmart law enforcement.

The UN FACTI panel convened world leaders and high-level stakeholders to discuss international strategies to rein in rampant tax abuse costing countries urgently-needed revenue to tackle poverty, climate change, inequality and the post-pandemic economic recovery. Here’s what they had to say about the recommendations.

Journalist Maria Ressa, founder of the Philippine news outlet Rappler, faces up to six years in prison on cyber libel charges for reporting connected to President Rodrigo Duterte. Last week, journalists around the world showed their support with a video series by Forbidden Stories chronicling Rappler’s investigations on financial crime and corruption.

ICIJ’s Emilia Díaz-Struck and Miguel Fiandor Gutiérrez will be presenting a session on how AI can help investigative journalism at MozFest on Tuesday, March 9, sharing what they’ve learned and uncovered from ICIJ’s experiments with machine learning.

Thanks for reading!

Asraa Mustufa

ICIJ's digital editor

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