"It blew the doors off what we thought we knew about depression treatment." So said psychiatrist James Murrough of New York's Mount Sinai Hospital, in reference to a chemical named ketamine. Forty percent of human beings will experience at least one depressive episode in the course of ...
The Bahamas"A calm swath of turquoise sea protected by a hundred-mile string of islands and cays delimit the Atlantic's blue-dark depths, to the east: an organic barrier as thin as 30 feet wide in places. The nearly unbroken chain of islands is equally sheltered, to the west, from the chilly ...
"The peculiar essence of our financial system is an unprecedented trust between man and man; and when that trust is much weakened by hidden causes, a small accident may greatly hurt it, and a great accident may almost destroy it." "Walter Bagehot, Lombard Street (1873) Bagehot's ...
"Narco money is the foundation of the modern financial system." These are the words of Viktor Ivanov, head of the Federal Drug Control Service of Russia. In a speech given in Moscow in 2014, he pointed the finger at Operation Enduring Freedom (the banner for the U.S.-led global war on ...
Since 2008 the world has seen a good number of corporate catastrophes. So many, in fact, that a new subgenre of journalism called financial disaster tourism was invented by financial journalist and nonfiction author Michael "The Big Short" Lewis. We"re talking here about corporate ...
A quick look at last week's global financial news might easily mislead a reader to panic under the overriding negative sentiment of a sector not yet able to forget the nightmare of the 2008 subprime crisis. However: A behavioral fallacy in investors" thinking may be exaggerating the risks and ...
In a week of uniformly bad news for the capital markets, certain keywords repeated across the media. Signifiers like contagion, fear, or shock linger in the mind like echoes of a catastrophe. Only, the catastrophe is yet to come, aside from the Chinese economic slowdown, and the fall in oil, ...
January 2016. A hard landing for world markets and the world economy. Leading indicator the Baltic Dry Index, which measures the cost of chartering a cargo ship, fell to an all-time low last week. The cost of hiring a 335-meter ship has dived, by over 90% since last August, to around $1,500 per ...
Twenty years ago, Samuel Huntington published his game-changing book The Clash of Civilizations. A Jan. 8, 2016, analysis by Stratfor correspondent Eugene Chausovsky shows that the book is as relevant now as it was in 1996. While Huntington got many forecasts about the post"Cold War era wrong, ...
In 1974, the legendary Western director Sam Peckinpah made a small masterpiece entitled Bring Me the Head of Alfredo Garcia. El Jefe, a Mexican "boss man" protected by a private army, addresses his gunmen lined up on either side of a banqueting table whose length spells power: I will pay ...
