Asking people about how they make their money is simply not the done thing. Unsurprisingly, bankers nurture this custom. No questions asked means no dirt exposed. That’s why those squeaky-clean Swiss bankers – portrayed as the epitome of banking etiquette because of their ‘discretion’ – have been able to hide the proceeds of theft by Nazi criminals or corrupt officials in Africa for decades. Under this shroud, bankers everywhere have quietly furthered their monopoly in the business of money making, setting up tax-avoidance schemes and shifting capital in quantities beyond the imagination of ordinary people. Few discover how. It’s all too complex.
Or is it? This month, the NI explains in straightforward language how banks make money.
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I was on an assignment at Domra Kanda, an asylum for the mentally ill in Kishoreganj, Bangladesh, where the only medications provided are these ‘medallions’ filled with spiritual spells and ‘blessed water’ from traditional spiritual healers.
Together with a whistleblower, Lucy Komisar exposes the offshore operations of the world’s biggest bank.
Havana Black by Leonardo Padura and translated by Peter Bush
The true owners of the silver in the vaults.
The Death of Mr Lazarescu directed by Cristi Puiu
Chris Abbott argues that the ‘long war’ is the wrong war on terror.
New Internationalist campaigners explore alternative banking and resources.
Dheepthi Namasivayam goes in search of banks that refuse to lend to arms traders.
As the credit card consumes Chile, Lezak Shallat takes stock.
Belize is a renowned eco-tourist destination for ‘reef and rainforest’ holidays. Tourism has come at a cost though, including damage to the reef, adding to that from pollution and global warming.
Government desperate to restrict the spreading rural revolt
Chris Richards steps into the secret world of high finance.
(1847-1931), US inventor of the light bulb, phonograph and movie projector.
The Chagos Islanders: Lindsey Collen introduces the women who have kept the decades-long struggle alive.
and local environmentalists causing an international stir in Latin America.
Banks ditch the poor, reports Yvonne Chua from the Philippines.
Anil Netto finds out how Malaysian Government money ends up in the pockets of the wealthy.
Fences are marching across the Patagonian wilderness, displacing indigenous peoples and turning pure water into private property. Tomás Bril Mascarenhas reports on another conquest, this time by foreign investors.
Two million hectares have been earmarked for women and indigenous peoples.
Three decades of change in an African villageIn the January-February 2017 issue of New Internationalist Chris Brazier completes a unique journalistic project by returning to the village in Burkina Faso, in west Africa, that he first visited in 1985 while making a film.
He visited in 1995 and 2005 to report on changes in the lives of individuals and on the progress of development in the community. The previous magazines have offered an intriguing insight into the lives of people battling against poverty and have reported on substantial positive changes in the life of the community – from the opening of a health centre and a primary school in the village to the first appearance of mobile phones.
Have the past 11 years of change brought further progress? And are the individuals that we have tracked over the three decades still healthy and happy?
The coming war on China: A major US military build-up – including nuclear weapons – is underway in Asia and the Pacific with the purpose of confronting China. This is provocative and dangerous, argues John Pilger in his special report. Tax avoidance: An in-depth and global look at how corporations and rich individuals are looting the public purse – and why governments are allowing them to get away with it. Edited by Josh Eisen and Richard Swift.
In a nutshell: the countries most recently featured in the New Internationalist magazine.
Sharp insights from an array of guest writers.
Personal stories from our own correspondents.
Interviews with inspirational people.
Reviews of the latest books, films and music.
Seeing the world through a Southern lens.
A regular column from some of the best writers of the South.
Taking aim at the rich and powerful.
If you would like to know something about what's actually going on, rather than what people would like you to think was going on, then read the New Internationalist.
– Emma Thompson –
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