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RT America

@rtamerica-blog / rtamerica-blog.tumblr.com

The Americas based arm of RT, a 24-hour English-language international broadcast news organization headquartered in Moscow.
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The shameless way world of finance is luring kids

As more and more evidence that young people today do not trust our financial institutions surfaces, some developers are turning stock market trading into apps that resemble video games. With cartoon graphics and encouraging words like OMG!, these apps blur the line between gambling, gaming, and losing your life's savings on a crooked system. The Resident discusses.

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EXPOSED: Bank spies infiltrate government

Banks have been paying employees to leave the bank and go work for the government for a long time. Now, the AFL-CIO, a coalition of labor unions in the US, have filed a shareholder proposal forcing banks to disclose who they give these payments to and how much money is at stake, effectively exposing the spies the banks have placed within the government. Of course, the banks are fighting back. The Resident discusses.

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As global movers and shakers head to the World Economic Forum in Davos, Switzerland, Oxfam is warning that an increasing wealth disparity is “leaving ordinary people voiceless and their interests uncared for.”

The collective wealth of the world’s richest 1 percent will exceed that of the other 99 percent of the global population next year, unless steps are taken to address the inequality, Oxfam warned ahead of the annual Davos meeting. 

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Thousands of Occupy protesters demonstrated in New York City to mark the second anniversary of the movement on Tuesday, just as new figures show that poverty remains steady and the so-called “one percent” have only grown wealthier.

Small groups of protesters marched near Zuccotti Park, the birthplace of the movement in 2011, while others marched through Washington Square Park and other areas of Manhattan.  

At least 1,000 protesters were seen moving from the United Nations building to the headquarters of JP Morgan Chase bank, one of the Occupy movement’s prime targets.

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