The government of Haiti collapses

Six months after he was sworn into office, the government of Prime Minister Jean-Henry Céant was forced out of office Monday after the Lower Chamber of Deputies voted overwhelming to remove it from office.

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Granger-Jagdeo meeting ends in stalemate

A meeting between President David Granger and Opposition Leader, Bharrat Jagdeo to discuss the way forward to general elections in keeping with the country’s constitution, ended in a stalemate on Wednesday.

This as the country faces a constitutional crisis as the 90-days window to hold general elections following a successful no confidence motion in December 2018, looms.

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Calling the Big Banks’ Bluff

By: Frank Schäffler and Norbert F. Tofall

BERLIN – The G-20’s decision in November 2008 not to let any systemically relevant bank perish may have seemed wise at the time, given the threat of a global financial meltdown. But that decision, and bad policies by central banks and governments since then, has given over-indebted major banks the power to blackmail their rescuers – a power that they have used to create a financial system in which they are effectively exempt from liability. Continue reading