Economics

Three were awarded the Nobel Prize in Economics for their research on global inequality: Daron Acemoglu, Simon Johnson, both from the Massachusetts Institute of Technology, and James Robinson, from the University of Chicago, shared this year’s prize for explaining differences…

Following the national protest held in Rome on October 5, which coincided with global days of action leading up to October 7 and was marked, particularly in Italy, by a climate of increasing institutional militarisation and government repression, this afternoon,…

In this interview, Antoine SOMDAH, former ambassador of Burkina Faso to the Russian Federation, an expert in international law and nuclear law, and a member of the United Nations Security Council (2008 and 2009), critically assesses the importance of the…

California is tackling the problem of textile and fashion waste with the country’s first law that requires clothing companies to implement a recycling system for the garments they sell. By Cristen Hemingway Jaynes Governor Gavin Newsom recently signed SB 707, the Responsible Textile Recovery Act. The new law…

After several years of mounting fierce criticisms over the operations and performance of the International Monetary Fund [IMF] and consistently advocating for its structural reforms, Russia has reversed its position to get back into and strengthen its position with this…

The richest 1 percent have more wealth than the bottom 95 percent of the world’s population put together, new Oxfam analysis of UBS data reveals today ahead of the annual UN High-Level General Debate. Billionaires are exerting new levels of…

Since alternative energies still need huge subsidies to be viable in developing countries, the practice of fracking (a kind of panacea that will solve the energy problems of humanity) Environmental concerns, and the inertia of oil assets will not allow…

Press release from the AUTONOMOUS UNIVERSITY OF BARCELONA. Bellaterra (Cerdanyola del Vallès), July 29, 2024 The high levels of consumption enjoyed by the rich countries of the global North are only possible thanks to the massive appropriation of labor from…

The real possibility of a new stock market crash would have gone unnoticed for most rating agencies due to the disconnection with reality that would lead them to justify the irrational exuberance of markets, thus fulfilling the famous phrase of…

To end U.S. support for Israel’s genocide in Gaza, cold, hard calculations about war spending versus domestic programs could have greater resonance in an election year. By Sonali Kolhatkar What will it take to end Israel’s genocide in Gaza? That’s…