Offshore finance
Rust Belt jobs are still going overseas. The impact could be felt for generations.
President Donald Trump talks a lot about bringing jobs back home. But American companies have continued to send jobs abroad, often with devastating impacts on American communities, more devastating than many of us might think.
States Lure Insurance Companies Through Looser Regulations
A number of states have begun luring insurance giants back by allowing them to establish “captive” subsidiaries – risk management systems that allow companies to invest and reinsure without as much capital backing. Louise Story joins us for more.
Cat Bonds: Making a Buck Off Disaster
Wednesday on The Takeaway, Wall Street and Finance reporter for The New York Times, Louise Story mentioned the existence of something called a “cat bond.” How do catastrophe bonds work? Essentially, these bonds are packages of insurance risks and it’s a complex market, says Louise Story. As weather events get worse and more risky, the […]
Geo Quiz / Geo Answer
The “Organisation for Economic Cooperation and Development” or OECD released a “blacklist” of global tax havens at yesterday’s G20 summit in London. The Philippines, Uruguay, and Costa Rica were listed as three of the four worst offenders. For today’s Geo Quiz, we’re looking for the fourth. The answer is the Malaysian federal territory of Labuan.