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North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

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Is the EU About to Cut Off Funding to the Green Blob? Thu Dec 05, 2024 07:00 | Ben Pile
Is the EU about to cut off funding to the Green Blob? That's the prospect raised by an article in Politico, says Ben Pile, which reports that EU money is to be banned from being spent on "advocacy and lobbying work".
The post Is the EU About to Cut Off Funding to the Green Blob? appeared first on The Daily Sceptic.

News Round-Up Thu Dec 05, 2024 01:18 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
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What?s the Difference Between Scepticism and Cynicism? Wed Dec 04, 2024 19:00 | James Alexander
What's the difference between scepticism and cynicism? Cynicism is especially necessary for assessing politics, says Prof James Alexander, as it sits below scepticism, making us question the motives of those who rule us.
The post What’s the Difference Between Scepticism and Cynicism? appeared first on The Daily Sceptic.

Manchester United Drops LGBT Rainbow Jacket After Muslim Star Player Refuses to Wear It Wed Dec 04, 2024 17:30 | Will Jones
Manchester United dropped an LGBT rainbow jacket that the team was planning to wear on Sunday after a Muslim star player refused to wear it, in the third LGBT Pride controversy to hit the Premier League this week.
The post Manchester United Drops LGBT Rainbow Jacket After Muslim Star Player Refuses to Wear It appeared first on The Daily Sceptic.

More Than 50 Experts Ready to Defend Letby, Says Her Lawyer Wed Dec 04, 2024 15:14 | Will Jones
More than 50 experts stand ready to defend?Lucy Letby, her barrister has said, as the police confirm they have questioned her in prison over more deaths and collapses.
The post More Than 50 Experts Ready to Defend Letby, Says Her Lawyer appeared first on The Daily Sceptic.

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What is changing in the Middle East , by Thierry Meyssan Tue Dec 03, 2024 07:08 | en

Voltaire, International Newsletter N?110 Fri Nov 29, 2024 15:01 | en

Verbal ceasefire in Lebanon Fri Nov 29, 2024 14:52 | en

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Voltaire, International Newsletter N?109 Fri Nov 22, 2024 14:00 | en

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Trump Voids Dodd-Frank 1504 Transparency Rule

international | politics / elections | press release

Wednesday February 15, 2017 14:42

by Greg Williams

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President Trump signed into law Congressional action to void requirements that the oil, gas and mining industries report financial activity in countries where they operate.

President Trump signed into law Congressional action to void requirements that the oil, gas and mining industries report financial activity in countries where they operate. The bipartisan 1504 "Cardin-Lugar amendment" to the 2010 Dodd-Frank Wall Street Reform Act instructed the Securities and Exchange Commission to create this disclosure rule.

"In the short term, we lost a tool that can help track the billions of dollars lost to corruption and tax evasion in the developing world,” noted Eric LeCompte, Executive Director of Jubilee USA, a religious development organization. “Resource rich countries are particularly vulnerable to the kind of corruption that the Cardin-Lugar amendment threatened to expose.”

The House of Representatives and Senate passed this resolution in a quick series of votes in early February under the Congressional Review Act. The Securities and Exchange Commission, which initially wrote the rule, now has a legislative mandate to write a new rule. According to the Congressional resolution, the new rule cannot be 'substantially similar' to the old one.

"Now we need to be sure that the new rule that the Securities and Exchange Commission writes will be a rule that can still stop corruption,” commented LeCompte, who serves on United Nation expert groups that focus on finance. ‎"Improving financial transparency and ending global poverty are two sides of the same coin.”

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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