Category: Business

The Fifth Column’s business section focuses on more than just Profit and Loss statements.

Trump on Debt: More establishment than the establishment

(Garrison) – The Washington Post reports that US president Donald Trump and Senate Minority leader Chuck Schumer (D-NY) “have agreed to pursue a deal that would permanently remove the requirement that Congress repeatedly raise the debt ceiling.” That must be a bitter pill to…

Videos Document Torture of Ruby Miners in Mozambique

(GVO) – Videos published on social media by the investigative journalist Lázaro Mabunda documented scenes of torture, allegedly at a ruby mine in Namanhumbir, a northern city in Mozambique’s Cabo Delgado province. Globally, Namanhumbir rubies are traded in large auctions generating millions of dollars. In 2016, the company Gemfields,…

The Case for Cash

(FEE) – A dozen countries out of the 28 European Union (EU) members had legal limits on cash transactions in place at the end of 2015. Portugal, the country leading with these limits, had an EUR 1,000 legal limit on all…

Iran Begins Exporting Natural Gas to Iraq

(Tasnim) – Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia announced that the Islamic Republic has started exporting natural gas to neighboring Iraq. The exports of natural gas to the Arab country began on Wednesday night, the Iranian…