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Pixabay Business Closed Bankrupt Pandemic - Free photo on Pixabay

The economy: we are still in big trouble

The announcement by the Bureau of Labor Statistics that the federal unemployment rate declined to 13.3 percent in May, from 14.7 percent in April, took most analysts by surprise. The economy added 2.5 million jobs in May, the first increase in employment since February. Most economists had predicted further job losses and a rise in […]

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The World at crossroads

Radical reforms in reversing the prevailing policy direction of the last four decades will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investment rather than as liabilities and look for ways to make the labour market less insecure. […]

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Unian NATO tells Russia to stop meddling, in first talks since Skripal

NATO returns to Libya to challenge Russia

The great game in Libya has begun surging with the United States shedding its strategic ambivalence and resorting to a proactive role. At the end of May, the Pentagon marked a dramatic escalation by accusing Moscow of bolstering “Kremlin-linked mercenaries” who are allegedly helping Khalifa Haftar, the eastern warlord in Libya.

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Musk

Elon Musk is a shithead

Musk’s supporters might respond that, in contrast to most other members of his class, he is a “self-made” man, who built his US$36 billion fortune through hard work and a visionary entrepreneurial spirit. This is bullshit. Musk, like Trump, comes from a highly privileged background.

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