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“Golden ruble 3.0” – How Russia can change the infrastructure of foreign trade
According to preliminary estimates of the Bank of Russia, in January-September 2022, it strengthened to $198.4 billion, which is $123.1 billion more than in the same period last year. This surplus was taken out of the country (at the same time, half went to pay off the external debts of Russian companies with their replacement by domestic ruble lending) and is reflected in the balance of payments item “net capital outflow”.
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Indonesia’s new criminal code: An attack on human rights and marxism
In early December, last year, the Indonesian government legislated a new criminal code to replace the old code that the country inherited from its past colonial oppressor, the Dutch. The government has claimed that the legislation of the new criminal code was an effort to “decolonize” Indonesia’s criminal justice system from the legacy of the Dutch East Indies colonial era.
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How not to deal with a debt crisis
Jayati Ghosh warns against historically disastrous approaches to the sovereign-debt crisis hitting low- and middle-income countries.
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When the people have nothing more to eat, they will eat the rich: The Third Newsletter (2023)
On 8 January, large crowds of people dressed in colours of the Brazilian flag descended on the country’s capital, Brasília. They invaded federal buildings, including the Congress, Supreme Court, and presidential palace, and vandalised public property.
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Labour leader finally appears on a picket line…
… in the form of a life-size cardboard cut-out.
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Public libraries continue to thrive despite defunding and privatization attacks
The public sector in the U.S. has been shrinking rapidly since the 1990s as a deluge of privatization has, to various degrees, overtaken many so-called public services and institutions.
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Practical nuclear fusion is still just hype
Don’t believe the headlines: there’s much less happening than pro-fusion pundits claim.
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Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years
According to a new report published by Oxfam, the richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.
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Venezuela’s Seed Law should be a global model
For peasant farmers, the battle over seed rights is critical to their livelihoods.
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Outrage mounts after Korean Confederation of Trade Unions is raided by intelligence and police
In a major escalation of the ongoing anti-trade union persecution in South Korea, the Korean Confederation of Trade Unions (KCTU) was raided by the National Intelligence Service on charges of violating a Cold War-era national security law.
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Ukraine dissident digest
Donetsk city and region remains even now under intense fire by the artillery and mortars of the Kyiv regime, generously supplied by Western countries.
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The U.S. is already preparing for its next war: on China
While the U.S. and NATO wage a proxy war against Russia in Ukraine, military strategists and pundits in Washington have set their sights on China.
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A startup says it’s begun releasing particles into the atmosphere, in an effort to tweak the climate
Make Sunsets is already attempting to earn revenue for geoengineering, a move likely to provoke widespread criticism.
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The World Split Apart 2.0: Part 3 and Conclusion
Like during the Cold War, the global schism has a military component that is gradually intensifying. The emerging East-West military standoff is building on the energy of the polarization exacerbated by the Russo-Ukrainian war for NATO expansion.
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Cuba assumes the head of the G-77 at a critical time
On January 12, Cuba took the presidency of the G77+China for the first time in history after being elected in September 2022 during the 77th Session of the United Nations General Assembly (UNGA).
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The NDP and the Right to Strike
Ontario Premier Doug Ford recently found himself in hot water for removing the right to strike from educational workers, imposing terms and conditions of employment on them, and using the Notwithstanding Clause to bar them from asserting their constitutional rights.
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The World Split Apart 2.0: Part 2
A series of international organizations—a network of networks—created by Russia and China form the pillars upon which an alternative to the Western-dominated world order are being built. There is already an institutional split between the West and the rest evidencing the pre-schism bifurcation among great powers: the G7 and G20.
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How the Supreme Court could severely limit workers’ right to strike
A case the Supreme Court heard on Tuesday could make unions and workers liable for any damages their company incurred during a strike, dealing a blow to organized labor.
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Listen to Barack Obama’s chilling description of U.S. involvement in the gigantic 1965 Indonesia massacre
This week, Indonesian President Joko Widodo acknowledged the “staggering mass slaughter” that took place 57 years ago.
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Capitalism’s court jester: Slavoj Žižek
One of the most prominent intellectuals in the contemporary world was named to the list of the “Top 100 Global Thinkers” in Foreign Policy magazine in 2012. He shares this distinction with the likes of Dick Cheney, Recep Tayyip Erdoğan, Benjamin Netanyahu, and former Mossad director Meir Dagan.