Multinational corporations replacing governments – says Peres

Multinational corporations replacing governments – says Peres
Multinational corporations are replacing governments as the default service providers for young citizens because globalisation has started to relegate states to "simple husbandry", Shimon Peres has claimed. Speaking at the World Economic Forum in Davos …
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Gold drops 1% on waning investor appetite
The bank said it no longer views gold as a "sound investment" should the global economy fall back into recession, as this would not now be driven by a major systematic event such as a sovereign default. Gold also came under pressure from the House of …
Read more on BDlive

Catalonia declares itself a sovereign entity
The parliament of Spain's powerful northeastern region of Catalonia has approved a largely symbolic declaration stating the region is a sovereign entity, paving the way for a referendum on independence from Spain. The proposal was carried Wednesday by …
Read more on 3News NZ

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