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Posted inEconomics

Three bank crashes in three days

Reading Time: 4 minutes After a 68 percent drop in deposits at the end of 2022, and a 48 percent workforce layoff in January, Silvergate Capital, a major lender in the crypto industry, announced on Wednesday that it would be liquidating and winding down operations. Its stock dropped 36 percent in after-hours trading. On Thursday, Silicon Valley Bank (SVB) […]

Posted inRacial justice

Legislator’s dashiki invites sting of systemic racism

Reading Time: 3 minutes As an American traveling the world over the years, I noticed with curiosity that, especially in foreign cities, people generally dressed as Americans do—clad not in their traditional garb but in Western-style (global West, not Wild West) shirts and pants, blouses and skirts. They did this despite their own indigenous fashions being, in my view, […]

Posted inPolitics

It’s not bigoted to criticize Kate Forbes. Sometimes, in politics, religion is fair game

Reading Time: 7 minutes On 20th February, Kate Forbes, a Member of the Scottish Parliament (MSP) for the Scottish National Party (the governing party in Scotland, and the third largest party in British politics), joined the race to become their new Leader and thus the Frist Minister of Scotland. Later that day, in an interview with The Scotsman newspaper, […]

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