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Claudia Sheinbaum de-privatizes two major oil and energy companies
The measure de-privatizes two large Mexican companies, one dedicated to the extraction and commercialization of oil, and the other dedicated to providing electricity and internet to Mexicans.
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The economic war against China has backfired
Just 15 years ago, Chinese consumers were flocking to Western brands. Now they prefer Chinese ones.
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Boots and Boosts: Berlin Bulletin No. 228, November 28, 2024
While so many in the world hold their breath for Harris or Trump it would also be wise to keep an eye on Germany. A sharp eye!
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Why Brazil opposes Venezuela’s BRICS membership
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.
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BRICS countries call for a multipolar, equitable and democratic world order
In the Summit held in the Russian city of Kazan, BRICS members condemned the genocidal Israeli war on West Asia, the illegal sanctions regimes imposed on the people of the world by the U.S. and its allies, and Western dominated multilateral institutions.
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A Prime competitor: Understanding Amazon’s market power
Amazon Worker Solidarity sought to understand how Amazon makes it money to inform organizing strategy in the Amazon movement.
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The dialectics of wealth and poverty
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.
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BRICS plans ‘multi-currency system’ to challenge U.S. dollar dominance: Understanding Russia’s proposal
The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the U.S. dollar. Russia’s finance ministry and central bank released a report detailing plans to transform the international monetary and financial system.
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Venezuela: Opposing the blockade is our main task
The United States is waging an economic war against Venezuela.
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Another Nobel for Anglocentric Neoliberal Institutional Economics
New institutional economics has received another so-called Nobel prize, ostensibly for again claiming that good institutions and democratic governance ensure growth, development, equity & democracy.
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The dark side of crowdfunding
Tech companies are leveraging the misery of Palestinian war victims for their own profit.
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How not to measure poverty
Several international organisations are now engaged in the business of measuring what they call “poverty”.
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Extinction Rebellion tells insurance firms to cut ties with fossil fuels or face protests
EXTINCTION REBELLION (XR) issued an ultimatum to insurance bosses today as the climate group gears up for a week of protests across the country.
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Direct Job Creation in America with Steven Attewell (New Transcript!)
This month we are re-publishing our conversation with Steven Attewell along with a new written transcript and episode graphic. Attewell is author of the incredible book, People Must Live by Work: Direct Job Creation in America from FDR to Reagan, published in 2018 by University of Pennsylvania Press. The book examines the history of job creation programs in the United States from the Great Depression to the Humphrey-Hawkins Act of 1978.
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‘The insurance industry is the fossil fuel industry’
CounterSpin interview with Derek Seidman on insurance and climate.
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BAR Book Forum: George Lipsitz’s Book, “The Danger Zone is Everywhere”
George Lipsitz: The Danger Zone is Everywhere focuses on how unjust access to housing and health skews opportunities and life chances along racial lines. It argues that housing insecurity and poor health are key components of an unjust, destructive and deadly racial order. The book shows how the tort model of injury in law and the biomedical model of health work to occlude structural racism by treating socially produced injuries as personal problems.
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Cuba requests entry into the BRICS
On Monday, the Director of General Affairs of the Cuban Foreign Ministry, Carlos Pereira, announced that his country had requested to join BRICS+.
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Measuring global poverty
To track progress towards its goal of eradicating extreme poverty by 2030, the UN relies on World Bank estimates of the share of the world population that fall below the so-called International Poverty Line (IPL).
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FTC orders Mastercard to answer questions about its data collection & monetization practices
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.
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The stagnation of the world economy
The fact that the world economy has slowed down since the financial crisis of 2008 is beyond dispute.