Mitsubishi Electric Named to CDP's Climate and Water "A Lists"

January 21, 2019@8:57 PM TFP Editor 0

TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO:6503) announced today that CDP, a global-disclosure system that encourages companies and cities to manage their environmental impacts responsibly, has given Mitsubishi Electric its highest rank, the A List, in the categories of climate and water for a third consecutive year. The top rankings recognize the environmental focus of Mitsubishi Electric’s business activities and goals as well as the company’s timely and appropriate information disclosure. Mitsubishi Electric’s recent initiatives to mitigate […]

BuzzFeed CEO Spoofed Prominent Gun Rights Activist To Spread Disinformation

January 21, 2019@8:10 PM TFP Editor 0

Long before BuzzFeed was publishing unverified dossiers and anti-Trump claims refuted by Robert Mueller, founder and CEO Jonah Peretti created a fake website and email address in the name of prominent gun rights advocate John Lott in order to spread disinformation. Peretti, then-director at Brooklyn-based technology nonprofit Eyebeam, used Lott’s name in 2003 to trick people into thinking that Lott had changed his mind on a key piece of gun-rights legislation that protected gun makers from abusive […]

Ecuador to clamp down on immigration controls after Venezuelan migrant murders pregnant girlfriend

January 21, 2019@7:23 PM TFP Editor 0

Ecuador’s President Lenin Moreno announced new immigration controls. (AP Photo/Dolores Ochoa, File) Ecuador is putting new immigration controls in place amid the ongoing Venezuela migration crisis after a Venezuelan man slaughtered his pregnant Ecuadorian girlfriend on Saturday. Ecuador’s President Lenin Moreno announced Sunday on Twitter that his country would establish new units to monitor Venezuelan immigrants’ legal statuses and would consider clamping down on entry requirements following the gruesome death in the northern city of Ibarra, […]

The Disturbing Rise Of Modern Monetary Theory (MMT)

January 21, 2019@7:20 PM TFP Editor 0

Authored by Mark Jeftovic via, Lately, we’ve suddenly been hearing a lot about Modern Monetary Theory (“MMT”) in the mainstream media. It could be that with the election of Alexandra Ocasio-Cortez to congress, MMT’s star will rise with hers as she is reportedly an adherent and possibly views MMT as a means to fund her Green New Deal. As we see below, MMT has been around for some time, having come out of the Chartalism school […]

What Happens When The Fed Stops Hiking

January 21, 2019@6:55 PM TFP Editor 0

As we explained last weekend, it’s not the Fed tightening – and curve flattening – that is the recession catalyst: it is when the Fed begins cutting rates, sending the yield curve sharply higher, that one should be worried as all three prior recessions followed within 3 months of the first rate cut after a hiking cycle: This is a critical distinction at a time when the Fed is contemplating not only ending its rate […]