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Economics

West Philippine Sea: Beijing must compensate Manila

By Perfecto Caparas  Beijing must not be allowed to unjustly enrich itself – at the expense of the Philippine sovereign and independent nation – without any measure of accountability and justice. Political actions Manila’s political and congressional leaders must assert…

As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored

As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. By Robin Scher For advocates of cryptocurrency, the promise of an economic future that is managed by a blockchain…

Chilean government awards lithium tender to two companies

The government of Sebastián Piñera, through the Ministry of Mining, notified the awarding of the bidding process to boost lithium production, giving two quotas to the companies BYD Chile SpA (of Chinese capital) and Servicios y Operaciones Mineras del Norte…

Marches called throughout Chile against the lithium bidding process

Many demonstrations have been called for today, Friday, in Chile to protest against the current government’s lithium bidding process, which favours the private sector. Sebastian Piñera, in these last months of his government, is trying to leave in private hands…

2021 Latin America and the Caribbean in Review: The Pink Tide Rises Again

US policy towards Latin America and the Caribbean continued in a seamless transition from Trump to Biden, but the terrain over which it operated shifted left. The balance between the US drive to dominateits “backyard” and its counterpart, the Bolivarian…

EU-Commission: Platforms like Uber, Mjam and others should hire employees

Digital platforms profit from the self-exploitation and bogus self-employment of their “employees”. The EU Commission is now proposing guidelines for European countries to prevent this. The aim is to control working conditions with the aim of employing suppliers and other…

Sergi Raventós: In the face of poverty and begging, it is necessary to go a step further and propose a basic income

“…Basic income is not the solution to all the problems that this society has… but it can put an end to poverty from an economic point of view, and it can help people to have more freedom to plan their…

Rare praise from Pakistan is recognition of Bangladesh’s surprising success story

by Pathik Hasan Before Bangladesh got its independence from Pakistan in 1971 after a bloody struggle, Pakistan had been exploiting then East Pakistan systematically and Islamabad’s economy was built on the money of the Bengali-majority areas. However, the newly independent…

Jammu & Kashmir Electricity Workers Movement’s strike against the government’s privatization move a success

Sri Shankar Dasgupta, General Secretary of All India United Trade Union Centre (AIUTUC) has issued the following statement on the victory of the Jammu & Kashmir Electricity Workers Movement’s strike last December 21, 2021: ”The Electricity Workers of Jammu &…

A Critique of Obscene Wealth

Wherever and whenever obscenely rich people existed, they always protected their wealth and the privileges that come with it from the majority of non-wealthy people working for them and around them. Emperors, kings, czars as well as masters of huge…

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