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Subjects Archives: Empire

Why Russia Is Growing Gold Reserves to Record Levels

Why Russia is growing gold reserves to record levels

According to Russian Central Bank figures, Russia’s total gold reserves amounted to 1,944 tons as of June 2018, with the regulator pointing to a steady rise in holdings of the precious metal over the last decade (total gold reserves amounted to less than 500 tons in 2008). In the same period, the share of gold in Russia’s total reserves grew from just 2.5 percent to over 17 percent.

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A history lesson for Paul Krugman…

Liberalism and empire

Paul Krugman had a column a few weeks ago called “Fall of the American Empire” about Donald Trump’s repudiation of “the values that actually made America great.” It is worth analyzing, because it is amusing and illustrative.

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Leo Panitch

Is another world possible?

On Reality Asserts Itself, Prof. Leo Panitch says it’s a dilemma that the gradualism of European social-democracy and attempts at a more radical transformation have so far both failed; Panitch says a first step towards democratizing the economy is to make finance a public utility – with host Paul Jay

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Boris & Spitfire

Nervous about Russia

Two weeks ago in Salisbury, less than 10 kilometres from the UK’s Porton Down chemical weapons establishment, a Russian and his daughter appear to have been poisoned. Sergei Skripal was a former Russian military intelligence officer who acted as a spy for the UK’s MI6.

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Never again. Photo: Getty

The market can’t solve a massacre

The massacre at Stoneman Douglas High School in Parkland, Florida, one month ago today, left seventeen children and school staff dead. It was the third highest-casualty mass shooting at an educational institution in American history (after Virginia Tech—32 dead—and Sandy Hook—27) and the ninth highest-casualty single-shooter mass shooting in modern American history.

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