Economics

By Apostolis Fotiadis Ignoring the thousands of protestors gathered outside the Greek parliament on Wednesday, the government voted in public spending cuts amounting to 17 billion dollars in an economy already on its knees from a lacerated budget. The government…

The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report. Divergent long-term growth patterns lead to radical…

A landmark study of Kenya’s high-elevation forests shows that the economic cost of deforestation in the East African country exceeds national gains from forestry and logging by more than four-to-one, the United Nations Environment Programme (UNEP) reported. “Deforestation deprived Kenya’s…

In the late summer of 1998, in the wake of the Asian financial crisis, a group of German and French professors of economics organised at the University of Bremen in Germany a seminar to discuss ways to re-regulate the international…

We speak with residents of the low-income and largely minority community of Manhattan’s Lower East Side who live in the shadow of a Consolidated Edison substation that flooded during Superstorm Sandy and has left thousands in the dark. With no…

With presentations about the most pressing problems in the areas of Economy and (lack of) Real Democracy the New Putney Debates pick up the thread of revolutionary thinking that commenced in 1647, 365 years ago. The two weeks of sessions…

At Wednesdays’ General Assembly members of Occupy Tampa, concerned citizens and Local Wal-Mart Associates met with Representatives from OUR Wal-Mart. We heard heartbreaking stories of people from all across the nation and even the world about the daily struggles that…

The sailing Frigate Libertad is being held at a Ghanaian port by a US-based investment (vulture) fund in dispute over Argentinean debts. The Ghanaian high court has ruled on the case to determine whether the Libertad is allowed to sail…

Let the banks fail 2008 was a year of financial disaster and near government collapse. The crisis has been deemed by economists as the worst financial crisis since the Great Depression of 1930s. But in the worldwide turmoil, the country…

By Martin Khor* Recent government actions by Indonesia and India to issue compulsory licenses are extending the trend in Asia to increase access to cheaper medicines to treat serious ailments, especially HIV/AIDS, cancer and hepatitis B. The supply of generic…