Economics

India’s incompetent, vainglorious leadership, combined with the right-wing belief in magical capitalism, has led to the disaster that the country is now facing. By Prabir Purkayastha While the incompetence of the Indian government is starkly visible in its handling of the second wave of the COVID-19 crisis,… »

What may seem impossible to employees is common practice for multinationals: they shift their profits around the world until they no longer have to pay taxes on them. A global minimum tax on corporate profits could put an end to tax evasion. The chances of this happening are better than ever. »

     Art Without Borders was a nonprofit originally designed by my daughter and me to bring the performing arts across demographic barriers, to not only make classes and performances accessible to marginalized communities, but also to bring otherwise separated communities together through shared experience. We offered after school programs in singing, theatre, and… »

As with many other aspects of government policy, overfishing and other fishing-related environmental issues are a real problem, but it’s not clear that government intervention is the solution. Indeed, it might be one of the main drivers of overfishing and other conservation and sustainability issues stemming from commercial fishing. Much… »

Imagine this scenario: A month before the vote on the federal budget, progressives in Congress declared, “We’ve studied President Biden’s proposed $753 billion military budget, an increase of $13 billion from Trump’s already inflated budget, and we can’t, in good conscience, support this.” By Medea Benjamin and Marcy Winograd Now… »

Venezuela was once one of the most prosperous countries in Latin America. The popular classes enjoyed major advances from the Bolivarian Revolution initiated by Hugo Chávez. Today Venezuela is experiencing an unprecedented economic crisis with severe humanitarian consequences. By Roger D. Harris The US government blames the crisis on… »

On April 29, Russian President Vladimir Putin held videoconference with leaders of several French companies-members of the Franco-Russian Chamber of Commerce and Industry (CCI France-Russia) to discuss some aspects of Russian-French trade, economic and investment cooperation, including the implementation of large joint projects as well as the prospects for collaborative… »

A new study by the Global Wind Energy Council (GWEC) found that 3.3 million jobs could be created across the world over the next five years thanks to major industry expansion. The figure includes direct jobs in onshore and offshore wind. It also covers the sector’s entire value chain: installation,… »

Figures announced Thursday showed the US economy grew 1.6% during the first quarter. Europe’s economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for recovery – and underlined how the region is lagging other major economies in rebounding from… »

Even before the crisis of the pandemic, food delivery companies have seen their profits skyrocket while their so-called “self-employed” workers suffer rights violations and were banned from unionizing. By Taroa Zúñiga Silva On February 22, 2019, at 6 p.m., a car crashed into Servio Hernández’s motorcycle. Hernández, a Venezuelan migrant… »