Geography Archives: Americas

  In 2009, the European Union, United States and Mexico filed a complaint with the World Trade Organisation (WTO) against China’s export restrictions on certain raw materials, including bauxite, coke, fluorspar, silicon carbide and zinc.  They said that, firstly, these constraints — in the form of export taxes, quotas, licences and so on — caused […]

  Paul Jay: So if you’ve got more or less zero percent inflation and you’re getting 3 percent on your bond, you’re making 3 percent.  But if inflation’s 3 percent and you’re getting 3 percent on your bond, you’re down to zero.  Now, the Fed is saying that we can do this quantitative easing, increasing […]

  Oscar Martínez is Deputy Head of the International Relations Department of the Cuban Communist Party.  This interview was conducted during the South African Communist Party visit to Cuba this month. What is the nature of the economic problems Cuba is currently experiencing? In the context of our other problems, the US economic and financial […]

As another one of the so-called “PIIGS” countries is being led to the slaughterhouse, it is worth asking whether all the carnage advocated by the European authorities is really necessary.  Ireland is in its third year of recession and income per person has already declined by more than 20 percent since 2007.  Unemployment has more […]

International prices of most agricultural commodities have increased in recent months, some sharply.  The FAO Food Price index has gained 34 points since the previous Food Outlook report in June, averaging 197 points in October, only 16 points short from its peak in June 2008.  The upward movements of prices were connected with several factors, […]

The Consumer Price Index rose 0.2 percent in October as the inflation in the price of energy rebounded to 2.6 percent in the month.  The overall price of core consumer goods and services remained virtually flat for the third consecutive month.  Over that time, the core rate of inflation has been only 0.2 percent, annualized. […]

  Paul Jay: On November 7, the president of the World Bank, Robert Zoellick, issued a statement calling for the reintroduction of some form of gold standard to establish the value of money.  Why now? . . .  Is Robert Zoellick’s proposal grasping at straws? Jane D’Arista: Well, what you’re saying is quite right.  The […]

  Juliana Ruhfus: In these elections Haitians actually have a choice between no less than 19 different presidential candidates. . . .  Haiti’s political history has been one of revolt, dictatorship, and violence. . . .  Democracy arrived in the country in 1990, with the election of the priest Jean-Bertrand Aristide.  But, over the following […]

It has long been argued that expanding commercial relations between countries acts as an incentive for nations to avoid hostilities up to and including armed conflict.  Indeed this was a major impetus behind the economic integration of Europe1 after World War II, which led to the European Union and more recently the currency union of […]

  So there are no technological fixes [to the environmental problem caused by increasing consumption] in sight? I’ve gone on from the basic footprint concept to demonstrate a couple of other interesting spin-offs.  The assumption seems to be, in the mainstream, that improved technology, improved material and energy efficiency will help to solve this problem. […]

“Elections come and go, but the United States is still careening toward bankruptcy.  By 2020, the U.S. will be spending $1 trillion a year just to pay the interest on the national debt.  Sometime between now and then the catastrophe will come.  It will come with amazing swiftness.  The bond markets are with you until […]

Part 1 Part 2 Part 1 Tom Corbett, Governor-Elect for Pennsylvania: It’s now time to come together, to tell the rest of the world — to tell the rest of the world Pennsylvania is open for business. Jesse Freeston: And that business is natural gas.  Pennsylvania’s race was unique in that it was fought primarily […]

A strange thing happened on the way to the G-20 meetings: world elite opinion has turned against the Federal Reserve’s “Quantitative Easing” (QE) program, the only significant “Keynesian” macroeconomic policy being implemented anywhere in the face of massive unemployment in much of the developed world; and this criticism is garnering some support from strange places, […]

If the G-20 is going to be nothing more than a talking shop on economic issues, they ought to at least talk about the economic problems that really matter, and the ones that they can do something about.  Not that currency values don’t matter — they are actually very important.  And it is interesting to […]

  Paul Jay: You recently wrote a piece in the Guardian.  The title is “Who Pays the Bill for the Fed’s QE2?  By Depressing US Interest Rates, Quantitative Easing Forces Developing Countries to Defend Their Currencies at Crippling Cost.”  What do you mean by that? Kevin P. Gallagher: One of the unintended effects of QE2 […]

“We have overcome four phases [Resolution 1559, sponsored by France and the United States, imposing the Syrian withdrawal from Lebanon; the French temptation, i.e. Jacques Chirac’s offer of power in exchange for disarmament; Israel’s July War, backed by the United States, against Lebanon in 2006; the 5 May 2008 decision of the Lebanese government, prodded […]

Benjamin Netanyahu, Israel’s prime minister, is in the United States this week, but few observers expect an immediate or significant breakthrough in the stalled peace talks with the Palestinian leadership. In public, Mr. Netanyahu maintains he is committed to the pledge he made last year, shortly after he formed his right-wing government, to work towards […]

Tony Karon has another sharp piece this week, entitled “Israel Pressed for a Tougher U.S. Line on Iran.”  For some time now, we have been forecasting an intensification of pressure on the Obama Administration, by Israel and pro-Israel constituencies in the United States, for U.S. military strikes against Iran’s nuclear infrastructure. It appears that the […]

Introduction Many policymakers and analysts are arguing that there is an urgent need to make changes to Social Security.  They point out that the projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of balance in the long-term, therefore we would be best advised to make changes […]

Last month, the New America Foundation and the University of Chicago’s Project on Security and Terrorism (CPOST) sponsored a conference in Washington, entitled “Cutting the Fuse: Moving beyond the War on Terror.”  The conference was sparked by the publication of a new book by CPOST’s director, Robert Pape, and James Feldman, entitled Cutting the Fuse: […]