Economics
Lithuania a gateway for Indian firms to expand presence in Europe
Led by one of the youngest governments in the world, Lithuania is looking to broad-base ties with India in emerging high-growth areas like fintech, life sciences, digital technology and pharmaceuticals while offering a dynamic business environment to Indian investors, its ambassador Julius Pranevicius said on Sunday. The Lithuanian envoy… »
It’s Easy to Fix Inequality: Tax the Rich
There is no better time than now to address the ridiculous levels of wealth and income inequality in the United States. It can be done with ease through aggressive taxation of the wealthiest handfuls of individuals. By Sonali Kolhatkar As Democrats and Republicans jostle over the particulars of… »
Warren Blasts ‘Unconscionable’ $740 Billion Pentagon Budget While Millions Suffer From Poverty, Joblessness, and Covid-19
“A budget is about priorities,” said the Democratic senator. By Kenny Stancil “We continue to overinvest in defense while underinvesting in public health and so much more.” “We can spend less on the military and obtain not only the same amount of security, but more.” —Stephen Wertheim, Historian That’s… »
US Economy Excels at One Thing: Producing Massive Inequality
To solve the extreme inequality of US capitalism requires systemic change, an end to capitalism pitting employers against employees. By Richard D. Wolff To grasp the sheer magnitude of US economic inequality in recent years, consider its two major stock market indices: the Standard and Poor (S&P) 500 and Nasdaq. »
IMF and Big Business for Universal Vaccination: Better Red than Dead
The me-first policy on vaccine sharing will bring losses of $203 billion to $5 trillion to rich countries, while the returns are the highest if they support global universal vaccination. Prabir Purkayastha The world seems to have turned topsy turvy when the undisputed voices of global… »
Key quotes from Xi Jinping’s speech at virtual Davos Agenda event
Chinese President Xi Jinping on Monday delivered a speech via video link at the Davos Agenda event of the World Economic Forum (WEF). The Chinese president called for efforts to uphold multilateralism, saying global problems must be solved by global action, global response and global cooperation. Here are some key… »
Russia’s Financial Strategy for Africa
By Kester Kenn Klomegah In order to raise its geopolitical influence, Russia has been making efforts identifying mega infrastructure projects such as nuclear power and energy, natural resources exploration and talks consistently about increasing trade with Africa. On the other hand, Russia primarily needs to work on a coordinated mechanism… »
Understanding the Chinese foreign policy
China has been the hot topic of discussion in the foreign policy corridors of most of the countries. Some have termed its policies as expansionist some are critical of its trade policies and human rights. At the same time, to some, it is an all-weather ally. China recently thrashed nearly… »
CUTS International Aims to Become a Civil-Society UNCTAD
By Kester Kenn Klomegah In this interview, Pradeep Mehta who is the founder Secretary General of the Jaipur-based Consumer Unity and Trust Society (CUTS International), talks about the establishment of his organization, its geographical spread, the challenges it has faced over the years and future perspectives. Established in 1983, the… »
Promote first ever PSA for UBI
Fund for Humanity has led the creation of this amazing ad / PSA. Starting today, Jan. 14th at 3pm ET and for the next six weeks, the PSA will launch on air on websites like CNN, Wall Street Journal, and Vice as well as be promoted by key social… »
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International Campaign to Abolish Nuclear Weapons
