By Anis Chowdhury and Jomo Kwame Sundaram (*) SYDNEY and KUALA LUMPUR, Mar 24 2020 (IPS) – The economic impact of the coronavirus pandemic is hard to predict as events are still unfolding, and estimates vary dramatically. UNCTAD estimates lost output in the order of US$1…
By Ellen Brown* -The Web of Debt, Blog In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to…
By Democracy Now! * Author, activist and journalist Naomi Klein says the coronavirus crisis, like earlier ones, could be a catalyst to shower aid on the wealthiest interests in society, including those most responsible for our current vulnerabilities, while offering next to…
By George Friedman* – Geopolitical Futures, The global medical community appears to have devised a strategy for mitigating the coronavirus that depends largely on quarantine, or limiting contact among the infected and potentially infected, thereby limiting the virus’…
Bloom* WASHINGTON DC, Mar 17 2020 (IPS) – “Demography is destiny” is an oft-cited phrase that suggests the size, growth, and structure of a nation’s population determines its long-term social, economic, and political fabric. The phrase highlights the role of demographics in…
By Antonio Martins* – Outras Palavras, Brasil Panic in the markets: the global crisis shows a tendency to be prolonged and deep. The “Davos Class” will respond with more inequality and less democracy.
By Vijay Prashad and Alejandro Bejarano (*) – Independent Media Institute Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of Brazil, in Miami in early March, but he was too busy; instead…
By George Friedman* – Geopolitical Futures Since before World War I and throughout the 1970s, the people who controlled oil had a lever for controlling others. Since the 1980s, the equation has shifted; oil producers have become dependent on oil consumers.
By The Editorial Board* – The New York Times Paid sick leave could slow the spread of the disease and its impact on the economy The Federal Reserve did what it could Tuesday to offset the growing economic impact of the coronavirus by announcing a supersize reduction in its…
By Robert Jago* – The Nation When pipeline protesters shut down Canada’s railways, the prime minister stopped pretending to care about reconciliation. As we speak, Canadian paramilitary and police forces are occupying parts of the sovereign territories of the indigenous…
