Economics

01.06.2014

Argentina Reaches Deal to Repay Debts Without IMF Involvement

Argentina Reaches Deal to Repay Debts Without IMF Involvement

Democracy Now! Argentina has reached a landmark deal with a group of creditor nations to repay its longstanding debt without the involvement of the International Monetary Fund. Argentina is still trying to recover from a massive economic crisis and default more than a decade ago, which followed years… »

29.05.2014

It’s simple. If we can’t change our economic system, our number’s up

It’s simple. If we can’t change our economic system, our number’s up

It’s the great taboo of our age – and the inability to discuss the pursuit of perpetual growth will prove humanity’s undoing By George Monbiot, published in the Guardian 28th May 2014 Let us imagine that in 3030BC the total possessions of the people of Egypt filled one… »

27.05.2014

Inclusive Capitalism is an oxymoron

Inclusive Capitalism is an oxymoron

This is how Clive Menzies, political economist with a background in business and investment management, founder of the Critical Thinking research project at the Free University and member of the Occupy London Economics Working Group defines the Conference on Inclusive Capitalism in a BBC interview. The Conference, which… »

27.05.2014

Exclusive: Chilean Robin Hood? Artist Known as “Papas Fritas” on Burning $500M Worth of Student Debt

Exclusive: Chilean Robin Hood? Artist Known as “Papas Fritas” on Burning $500M Worth of Student Debt

You may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco “Papas Fritas,” or French fries, says he burned $500 million worth… »

21.05.2014

When China Sneezes, Latin America Gets the Flu

When China Sneezes, Latin America Gets the Flu

By Michelle Tullo.- China’s massive urbanisation has been built, literally, by metal, supplied mostly by Latin American countries (LAC). Yet now China’s slowing economic growth and falling commodity prices threaten Latin American commodity booms. “As commodity prices decline, Latin American… »

21.05.2014

TTIP and the European Elections

TTIP and the European Elections

According to Agence Europe (Brussels, 20/5/14) the US/EU Free Trade Agreement, aka TTIP, is a strong theme in the European elections due to take place on 22-25 May. Different parties have stated their positions (in general neoliberal parties for, left and green against and far right against). “The controversial issues:… »

20.05.2014

As Another Major Bank Avoids Jail, Occupy Wall Street Protester Cecily McMillan Gets 3-Month Term

While no Credit Suisse executives will be heading to jail for facilitating widespread tax evasion, Occupy Wall Street protester Cecily McMillan has been sentenced to three months in jail and five years of probation. McMillan was arrested in March 2012 as protesters tried to re-occupy Zuccotti Park. She was convicted… »

19.05.2014

Net Neutrality: Wheelering and Dealing at the FCC

Net Neutrality: Wheelering and Dealing at the FCC

By Amy Goodman with Denis Moynihan Michael Powell is the son of Gen. Colin Powell. The elder Powell knows a thing or two about war. He famously presented the case for invading Iraq to the United Nations, on Feb. 5, 2003, based on faulty evidence of weapons of mass… »

16.05.2014

Inequality and Democracy

Inequality and Democracy

By Roberto Savio In this Column, ROBERTO SAVIO, founder and president emeritus of Inter Press Service (IPS), writes on persistent inequality and the failure of “trickle down” economy. ROME, May 15 2014 (IPS) – Not a day goes by without news on the growing… »

08.05.2014

Protecting Net Neutrality and the Open Internet

Protecting Net Neutrality and the Open Internet

By Chris Riley Mozilla‘s official blog on open Internet policy initiatives and developments In January, the DC Circuit Court of Appeals struck down a Federal Communications Commission (FCC) order that prevented Internet Service Providers (ISPs) from blocking and discriminating against… »

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