The People Controlling the World's Money

This week we see nations and businesses busying themselves as the world around them changed.

Nations at Odds

We begin this week in Greece with the continuing drama over debt with the IMF raising a red flag initially but later saying they expect Greece to make the $1.7 billion payment by 30 June as Athens continues to negotiate with creditors. Greece, however, wasn't the only country arguing over public funds this week as anti austerity marches took place in London with celebrities joining the masses. Russia didn't have a great week either with Europe extending economic sanctions by 6 months due to the crises in the Ukraine.

Outside of financial crises we saw Australia reveal this week that it would join the China lead infrastructure bank as a founding member while in the States SCOTUS upheld Obamacare after another legal battle over the wording in the law. But while disputes and economic quandaries were fought it was revealed that the NSA had been targeting the business world with security companies in particular in order to create malware that could bypass their defenses.

The Business World

The business world would be rocked further with WikiLeaks releasing more Sony emails and documents showing a deal made with Apple and settlements made. Controversy didn't end there with businessman Donald Trump entering the race to be US President and making surprising progress even after controversial statements about immigrants resulting in Univision dropping Trumps Miss USA pageant. But while some controversies boiled over others were dealt with head on as many large retailers stopped selling confederate flag related items after the tragic events in Charleston last week.

Finally we end the week with the digital world of business, in particular the new streaming music industry where new comer Tidal lost it's interim CEO just months after losing a previous CEO but it's wasn't all bad news when Apple was confronted by pop princess Taylor Swift in an open letter condemning their plans to not pay artists resulting in a turn around where Apple agreed to pay artists during the 3 month trial period.