Economics

Coup in Myanmar

Following Monday’s coup in Myanmar, the EU and the USA are considering imposing new sanctions on that country. Already on Monday, US President Joe Biden declared that he would immediately review the reintroduction of coercive measures. The EU announced yesterday…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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