Global Financial System

Biden Plan to Combat Corruption Includes New Real Estate Rules

The White House’s new plan to combat corruption—both domestically and overseas—seeks to, among other things, add new regulations on the real estate industry.

Outrage Builds Over Expansion of IRS Reach

Financial experts are pushing back against the Biden administration's proposal to include a provision in the $3.5 trillion spending bill to extend  the IRS' reach to have bank transactions over $600 reported. The Democrats’ goal is to garner $463 billion in additional personal income tax over the next decade.

Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful

Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials.

Basel III & CBDCs: The Seismic Changes Facing The Global Financial System

The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue.

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