Robert Reich's writes at robertreich.substack.com. His latest book is "THE SYSTEM: Who Rigged It, How To Fix It." He is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow…
Africas Rainbow Nation Peers Into the Abyss
It’s been a week from hell for South Africa. Riots and widespread looting have claimed at least 117 lives, cost billions of rand in damages, and left some areas facing food and medicine shortages, Antony Sguazzin…
Angela Merkel’s Unfinished Business
Angela Merkel starts her exit from German politics. Photographer: Dursun Aydemir/Anadolu/Bloomberg By Chris Reiter and Sam Dodge July 15, 2021 Angela Merkel’s remarkable run as Germany’s first female chancellor made her the undisputed queen of…
Bank of America (BAC) Brings Three-Part Bond Sale…
Bank of America Corp. and Morgan Stanley joined the rush by large U.S. banks to sell new bonds after earnings that highlighted rapid balance sheet growth through the pandemic. “Deposit growth has just been humongous,”…