reuters. com. “JPMorgan whistleblower gets $63.9 million in mortgage fraud deal” - A whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase & Co's agreement to pay $614 million and tighten oversight to resolve charges that it defrauded the government into insuring flawed home loans.
salon.com. “Sea level rise could knock out the Statue of Liberty, along with a fifth of all World Heritage sites” - Someday, not all that far in the future, sea level rise is going to drown our coastal cities. And it’s not only our homes and livelihoods that are at risk, but also our culture.
interfax.com. “Soyuz TMA-10M spacecraft brings three ISS crewmembers back to Earth” - The Soyuz TMA-10M capsule carrying Russia's Oleg Kotov and Sergei Ryazansky and U.S. astronaut Michael Hopkins has successfully landed in Kazakhstan.
bne.eu. “Kazakhstan sets new limits on borrowing” - Battling an explosion of unsecured credit and rising NPLs, Kazakhstan has moved to limit bank lending to retail customers. Kazakhstan's central bank has ordered commercial banks not to allow customers take out loans that will require them to spend more than half their monthly income on repayments. The move is part of efforts to bring down non-performing loans and dampen rapid growth in consumer lending, after the latest data showed poor performance in the banking sector in January.
princearthurherald.com. “Former Soviet republics, watch out: Putin’s not done” - Most were caught off guard by the regime change in Crimea last week. Westerners have spent the last week trying to make sense of the Russian maneuver. What warning signs did we miss? Why would Putin do this? How do we punish him? We’re still not sure. Leaving these questions aside, however, a more critical question to ask given the hopelessness of getting Crimea back is probably: what’s next?