Economic Violence

Global Trends by Martin Khor for  Third World Network The investor-state dispute system, whereby foreign investors can sue the government in an international tribunal, is one of the issues being negotiated in the Trans-Pacific Partnership Agreement. ————————————————– In the recent…

By Apostolis Fotiadis for IPS ATHENS, Jan 8 2014 (IPS) – The start of Greece’s six-month presidency of the EU was marked by a ceremony Wednesday in the Greek capital attended by the EU commissioners. But protests were banned and there was no…

United Nations, Jan 8 (Prensa Latina) Bolivian President, Evo Morales, said today that the South American country will promote from the Presidency of the Group of 77 plus China a fair and peaceful world order based on harmony with nature.…

The financial giant JPMorgan Chase will pay $2.6 billion to settle allegations it failed to disclose suspicions of fraud in what turned out to be a massive Ponzi scheme by Bernie Madoff. Senior executives at JPMorgan Chase had serious doubts…

Anyone reviewing the data is likely to conclude that there must be some mistake. It doesn’t seem possible that one out of twenty American families could each have made a million dollars since Obama became President, while the average American…

The Dow Jones Industrial Average and the S&P 500 both hit record highs on Thursday while the NASDAQ surged to its highest level in over 13 years. The year-end rally is expected to add a boost to the massive bonuses Wall Street…

A couple of years ago I published an Article in Pressenza about Credit Rating Agencies (CRAs). In the week that Standard and Poor decided to downgrade France it is worth repeating what was said then, because nothing has changed (for…

Democracy Now! [US]”Food Stamp Recipients Face “Hunger Cliff” as Deep Cuts Take Effect The more than 47 million people who receive food stamps in the United States will see a decrease in their aid beginning today as a temporary boost…

A zero-hour contract is a type of contract used in the UK by an increasing number of firms which does not commit the employer to provide any specific work for the employee, who agrees to be available for work as…

BARCELONA, Spain, Aug 8 2013 (IPS) – Even in death, people in Spain cannot escape the economic crisis. Funeral services carry the highest VAT (value added tax) rate, alongside entertainment like nightclubs, and luxury products. “I paid over 7,000 euros…