Economics

02.06.2016

OECD is latest economic bigwig to question austerity’s “loop of doom”

OECD is latest economic bigwig to question austerity’s “loop of doom”

By not increasing spending, ‘we are breaking promises to young people and old people,’ says OECD economist by Deirdre Fulton, staff writer for Common Dreams Less than a week after the International Monetary Fund (IMF) expressed reservations about neoliberal policies like austerity, the Organization for… »

28.05.2016

Even the IMF—the IMF!—turns on neoliberalism

Even the IMF—the IMF!—turns on neoliberalism

New paper by three IMF economists finds that policies of capital account liberalization and austerity fuel inequality, which in turn hurts growth—”the very thing that the neoliberal agenda is intent on  boosting.” by Andrea Germanos, staff writer for Common Dreams In what may be a sign… »

27.05.2016

Day of Actions against CETA in London

Day of Actions against CETA in London

By Inka, NoTTIP TEXT AND IMAGES PROVIDED BY TIM FLITCROFT Monday May 16th saw Day of Actions Against CETA by anti TTIP activists who joined allies from across Atlantic to kickstart the campaign in the centre of London. Our message: stop the toxic EU-Canada deal CETA! The activist groups… »

25.05.2016

Yanis Varoufakis talks about Privatization, Human Rights & Capitalism

Yanis Varoufakis talks about Privatization, Human Rights & Capitalism

In this interview with the former finance minister of Greece and founder of DiEM25 (Democracy in Europe Movement 2025), Yanis Varoufakis, a host of issues are discussed which  include privatization, human rights, media, his experience with the EU and capitalism’s ability to reform. Will privatization schemes, that… »

25.05.2016

Young People – The Model doesn’t fit any more

Young People – The Model doesn’t fit any more

By Mary Bolinbroke for Occupy London We live in a society that has spent many decades establishing a culture of pressures and materialistic milestones to push our kids into their future. Democracy built around corporations has neatly set up guidelines for our lives. Young people are now… »

18.05.2016

Pakistan Corruption: not Panama Leaks but Pajama Leaks

Pakistan Corruption:  not Panama Leaks but Pajama Leaks

Corruption, kickbacks, percentages, black money, white money, scandals, commissions, accountability, non-transparency, good governance, bad governance, off-shore companies etc., are routinely used key words in daily newspapers and on TV talk shows. Sometime, it is disgusting. Even vomiting can’t satisfy the soul. Nothing positive that this earth can be proud of. »

18.05.2016

Greenpeace climbers climb one of the Kio Towers Madrid to say no to TTIP

Greenpeace climbers climb one of the Kio Towers Madrid to say no to TTIP

PRESS RELEASE    ACTION! ACTION! ACTION! ACTION! Greenpeace climbers climb one of the Kio Towers Madrid to say no to TTIP • Activists are climbed one of the towers known as the ‘Gateway to Europe’ to alert the treaty that is emerging between the EU and… »

12.05.2016

Why set up a shell company in Panama?

Why set up a shell company in Panama?

Why Set Up a Shell Company in Panama? The Psychology Driving Illicit Financial Flows Robert J. Burrowes A previously little-known law firm called Mossack Fonseca, based in Panama, has recently been exposed as one of the world’s major creators of ‘shell companies’, that is, corporate structures that can be used… »

11.05.2016

To Overthrow a Government With Beer: Trumpism in Latin America

To Overthrow a Government With Beer: Trumpism in Latin America

by MARIA PAEZ VICTOR   Yet another multibillionaire wants to run a country: Lorenzo Mendoza. He is a member of one of the most rich and powerful families of Venezuela and is positioning himself to be president – not by votes, but by stealth, by economic… »

11.05.2016

The ugly truth behind the Greek bailout

The ugly truth behind the Greek bailout

Out of the 220 billion euros disbursed to Greece as loans from the bailout mechanism, some 95% has been directed toward saving the European banks. Christine Lagarde, the Queen of Troika and the Head Honcho of the IMF, on May 6th, threatened to pull the IMF out of… »

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International Campaign to Abolish Nuclear Weapons

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