Economics

On February 8, 2024, Pakistan conducted its parliamentary elections with 44 political parties contesting for 265 seats in the National Assembly. This marked the 12th general election in the country since it gained independence 76 years ago. By Pranjal Pandey…

Jubilee South/Americas expresses solidarity with the people of Argentina Jubilee South/Americas expresses its solidarity and support to the people of Argentina, we join the rejection of the economic adjustment, as well as the reforms promoted by the newly elected president…

The impact of inflation, low wages, unfair competition, bureaucracy, income inequality and European environmental standards that they describe as too severe were at the centre of the complaints from the second half of January to the beginning of February, mobilisations…

Perhaps soon basic income will seem like a worthwhile “thing” in the world, like universal suffrage or the right to divorce. The basic income proposal has been activated – a public, individual, unconditional and universal monetary allowance. If 30 years…

Even the US business magazine Forbes expressed surprise at the reimposition of US sanctions on Venezuela’s gold sales and its threat to do the same with oil. The oil sanctions especially, if reinstated, would precipitate higher gas prices and further debilitate the Venezuelan economy,…

According to Financial Times, Brazilian imports of diesel from Russia last year skyrocketed, with a staggering 4,600 per cent increase pertaining to total value – from $95 million worth of diesel purchases in 2022 to $4.5 billion. Purchases of fuel oil…

Latin America is emerging as the place to look for alternatives to the neoliberal economic system. In Colombia, the Gustavo Petro led government has spent the last year restructuring the previously isolated sector of small businesses and cooperatives. Petro wants…

Conditions and prospects are so bad that two well-known cheerleaders for globalization have called on rich nations to take urgent action. The former deputy managing director of the International Monetary Fund (IMF) and former vice president of the World Bank,…

After the consummation of Brexit, Germany’s hypothetical exit from the Euro would bring about the end of the Eurozone and the gestation of a new European economic cartography that would mean a return to watertight economic compartments. The “debt brake”…

When India promptly felicitated Bangladesh for holding a “free and fair” 12th National Elections, the government leaders in Bangladesh were visibly excited. Indian Prime Minister Narendra Modi congratulated his Bangladesh counterpart Sheikh Hasina on her “victory for a historic fourth…