Economics

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… »

07.05.2014

U.N. Treaty on Corporate Rights Abuse Sees New Momentum

U.N. Treaty on Corporate Rights Abuse Sees New Momentum

By Carey L. Biron for IPS WASHINGTON, May 7 2014 (IPS) – Some 500 global groups are calling for action by governments next month to jumpstart the process of drafting an international treaty to address rights abuses by multinational corporations, following on a… »

06.05.2014

Creation of Multinational Observatory Promoted in Ecuador

Creation of Multinational Observatory Promoted in Ecuador

Quito, May 6 (Prensa Latina) Representatives of 11 Latin American countries promoted here today to the creation of a regional observatory that will allow nations defending against arbitrations and litigation with TNCs. As explained by the Ecuadorian Foreign Minister Ricardo Patiño at the opening of the meeting, the aim… »

04.05.2014

Disposable Consumer Goods At High Human Costs

Disposable Consumer Goods At High Human Costs

By Julio Godoy* | IDN-InDepth NewsAnalysis BERLIN (IDN) – Hundreds of thousands around the world demonstrate for better working conditions and fair wages on the International Labour Day. However, when May 1 is over, many of these demonstrators go back to their daily reckless consumption patterns, which consider practically… »

01.05.2014

Ukraine Gov. Admits Loss of Control over East; IMF Approves Bailout

Ukraine Gov. Admits Loss of Control over East; IMF Approves Bailout

The Ukraine government says it has lost control of the restive east as pro-Russian separatists continue to expand their reach. On Wednesday, Ukraine’s acting president, Oleksandr Turchynov, blamed what he called “inactivity, helplessness and even criminal betrayal” among Ukrainian forces in the east. The news comes as the International Monetary… »

28.04.2014

Obama Leaves Malaysia Empty-Handed

Obama Leaves Malaysia Empty-Handed

Kuala Lumpur, Apr 28 (Prensa Latina) U.S. President Barack Obama, left Malaysia today with no clear sign of having convinced the government to sign the proposed trade association for the Asia-Pacific region known as the Trans-Pacific Partnership (TPP), the main goal of his visit. In a joint press conference… »

25.04.2014

Obama Fails to Seal Deal on Secretive TPP Trade Pact in Japan

Obama Fails to Seal Deal on Secretive TPP Trade Pact in Japan

President Obama has left Japan without sealing a deal on the Trans-Pacific Partnership, a secretive pact among Pacific Rim countries to establish a free-trade zone encompassing nearly 40 percent of the global economy. The deal has faced mass protest in Japan by farmers and others who say it… »

22.04.2014

The third flaw in the economic system

The third flaw in the economic system

Over the last few days, Daily Pickings highlighted two of the fundamental flaws in the economic system, exclusive land ownership rights and interest on money. The third fundamental flaw is that the means to life is conditional on paid employment. The industrial revolution… »

17.04.2014

London Tube Workers Plan 5 Days Strike

London Tube Workers Plan 5 Days Strike

London, 17 Abr (Prensa Latina) London Tube workers are due to stage a 5 days strike, because almost one thousand workers will loose their jobs. Commuters in London face a further period of heightened transport misery after tube workers announced five days of strikes. Members of the RMT union will… »

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