Subjects Archives: Financialization

The primary cause of the rupee’s depreciation is the preference of the Indian rich to hold their wealth in the form of U.S. dollars rather than in Indian rupees.

Over all, Washington has provided the regime with $310 billion in military and economic aid, which has been regularly adjusted for inflation, according to the Council on Foreign Relations, an American think tank.

BRICS keeps expanding, adding 9 partner countries in January 2025, after admitting 4 new members in 2024. It now makes up roughly half of the global population and more than 41% of world GDP (PPP). It’s an economic powerhouse, with top producers of key commodities like oil, gas, grains, meat, and minerals.

Credit card defaults in the U.S. reached their highest level since the 2008 financial crash during the first nine months of 2024, according to figures compiled by BankRegData and cited in a recent Financial Times article.

The United States is continuing its economic battle against China in South America. However, its influence in the region is in decline as nations seek alternatives in order to forestall U.S. hegemony.

The 50-Year Evolution of the GOP.

The BRICS declaration presumes that the international institutions in their current state are flawed because they are dominated by imperialist countries and are not representative enough; but they are flawed because their very essence is flawed, no matter how they are governed.

Many people now live in homes and rely on infrastructure that are owned by pension funds, insurance companies, and banks.

The 16th Summit of the BRICS organization is taking place this week in the Russian city of Kazan. President Nicolás Maduro was invited by the Russian president himself, Vladimir Putin, at the beginning of August, and is attending with a Venezuelan delegation.

THIS year’s Nobel Prize in economics (the Riksbank Prize to be more precise) has been awarded to three U.S.-based economists for their research into what promotes or hinders the growth of wealth among nations; and they assign a crucial role to institutions, arguing that western institutions like electoral democracy are conducive to growth.

On Monday, the Director of General Affairs of the Cuban Foreign Ministry, Carlos Pereira, announced that his country had requested to join BRICS+.

Credit card data is extremely valuable for companies aiming to predict how people will spend money in the future. Knowing how much people spend, where and on what day says a lot about consumers’ financial situations.

The new aid comes as the U.S. claims it’s pushing for a ceasefire in Lebanon.

Vice President Kamala Harris promises to build three million affordable houses if elected president.

CounterSpin interview with Steve Macek on dark money.

There is an expectation that Prime Minister Narendra Modi would prioritise a historic turnaround in India’s relations with China as a legacy of his 15 years in power. Things are indeed moving in such a direction. 

Far from being a sign of the U.S. government softening its economic and financial siege on Cuba and contributing to help Cuba’s private sector, this new policy attempts to destroy the core of the ideological makeup of Cuban socialism.

Developing country governments are being blamed for irresponsibly borrowing too much. The resulting debt stress has blocked investments and growth in this unequal and unfair world economic order.

The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and make them in fact the pariah that they are.”

The movement for Palestine in the U.S. has mobilized hundreds of thousands of people to oppose the U.S. policy of unshakable support for Israel. Last Saturday, 100,000 surrounded the White House as part of the “people’s red line” against genocide.