Economics

The Rules-Based International Order and the Foggy Bottom Blues

The four words “Rules-Based International Order” (RBIO) are surrounded by controversies.  I will review some controversies as a prelude to a proposal.  The proposal will recommend discarding the currently dominant discourses that are, as Michel Foucault might say, the historical…

Prof Yunus will grace Bodoland International Knowledge Festival at Kokrajhar

Guwahati: Bangladesh’s lone Nobel laureate Professor Muhammad Yunus is expected to grace the forthcoming Bodoland International Knowledge Festival at Kokrajhar in western Assam scheduled for the 27th of February to the 2nd of March. Widely acclaimed as a banker to…

Yanis Varoufakis’ speech in Cuba on a new Non-Aligned Movement: Because we must!

The co-founder of DiEM25 gave a speech at the Havana Congress for a New International Economic Order in Cuba Why build a New Non-Aligned Movement to struggle for a socialist, democratic and liberating New International Economic Order? Because we must! This…

Argentina And Brazil To Cut Reliance On U.S. Dollar And Create Common Currency

Citing officials, the Financial Times said on Sunday: Brazil and Argentina plan to create a common currency. By Countercurrents Collective According to the newspaper, this move could finally create the world’s second-largest currency bloc with roughly 5% of global GDP, if the…

Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It?

The tech sector is laying off tens of thousands of workers, making it clear that economic growth is currently valued above all else. By Sonali Kolhatkar Alphabet, the parent company of Google, has announced it will lay off about 6…

Peru, Pedro Castillo’s achievements that the elite doesn’t like

After the right-wing coup in Peru and the waves of protests against Castillo’s ousting, the question remains as to why Pedro Castillo was so inconvenient to Western elites. Certainly there are many answers, but we can identify turning points in…

“2023, the hour of a new world” : the interview of Nicolas Maduro by Ignacio Ramonet

Ignacio Ramonet – Mr. President, first of all I would like to thank you for receiving me again for this interview, it is good to continue this tradition – this is already the seventh occasion when we meet at the…

There is no point in continuing to call for peace! It can only be the result of a revolt from within the system

We see it every day: the current leaders (political, economic or socio-technocratic…) seem mentally and emotionally incapable of wanting to change “their” power system. Their motivations? The perpetuation and expansion of their security, of their domination. This is why even…

The Failure of Development

In the closing years of the 1940s, when World War II had ended and its winners were reorganizing human life on planet earth, many feared nuclear war.  The delegates who met at San Francisco and founded the United Nations intended…

Gas price brake, rent cap & tax-free food: Spain most successful in fighting inflation in the EU

Spain has the lowest inflation rate in the EU. What are the Spanish under Prime Minister Pedro Sánchez doing differently—and better? First and foremost, gas price caps and the rent brake are curbing prices. Next year, they will go one…

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