Economics

By Peter Koenig As this article goes to print, Globovision TV quotes Venezuelan President Nicolas Maduro announcing the launch of a new cryptocurrency, the “Petro Oro”. It will be backed by precious metals. The launch of the new cryptomoney is…

A document uncovered by Greenpeace’s investigative unit (published accidentally by the Initiative for Free Trade) has revealed “a drive to lobby ministers to ditch strict EU safety standards in order to secure a US trade deal is being drawn up by a…

On 15/2/18 three billboards were paraded through central London . Inspired by the film Three Billboards Outside Ebbing, Missouri, the protest took the three lorries around London, making significant stops by the Houses of Parliament and St Paul’s Cathedral. Background “The Grenfell…

by Dr Arshad M Khan — January 26, 2018 for Countercurrents A few days ago Oxfam reported on wealth inequality: The richest one percent wrapped their hands around 82 percent of the wealth created last year. Worse the 3.7 billion…

Science Daily reports on a British Medical Journal article by Mark Fransham and Danny Dorling at the University of Oxford calling for action on welfare reform and the housing market. “The number of people officially recorded as sleeping on the…

By Sarah Aziza January 23, 2018 for Waging Nonviolence Announcing his presidency in 2016, Donald Trump promised the nation that he’d become “the greatest job president God ever created.” His plan to accomplish this rested on a retrograde economic vision…

By Sarah Aziza Announcing his presidency in 2016, Donald Trump promised the nation that he’d become “the greatest job president God ever created.” His plan to accomplish this rested on a retrograde economic vision that would “make America great again,”…

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam to mark the annual meeting of political and business leaders in Davos. Oxfam’s…

“Labour leader says failed firm’s executives ‘should not be paid anything at the present time because they have run the company in such a way that all these jobs are at risk’. Jeremy Corbyn has called on the directors of failed…

by George Monbiot for The Guardian When contracts fail, the legal priority is still to pay firms like Carillion. Money is officially more valuable than life Again the “inefficient” state mops up the disasters caused by “efficient” private companies. Just…