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Economy / Finance

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Today's WorldView

BY ISHAAN THAROOR – The Washington Post Next week, the Trump administration will preside over a summit in Manama, the capital of Bahrain. Dubbed an “economic workshop,” it is aimed at wooing investment for development projects in the West Bank — a key part of building peace…

Commerce

Trump’s Trade Threats are really Cold War 2.0

By  Michael Hudson * – Naked Capitalism President Trump has threatened China’s President Xi that if they don’t meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and economic sanctions against Chinese exports and…

Democracy

The World Grows More Dangerous by the Day

By François Delattre* – The New York Times My experience at the United Nations Security Council over the last five years has led me to see a harsh truth: The world is growing more dangerous and less predictable by the day. While the tectonic plates of power are shifting under…

Commerce

Driving Financialization

By Jomo Kwame Sundaram and Michael Lim Mah Hui (*) KUALA LUMPUR and PENANG, Jun  2019 (IPS) – The emergence and growth of financialization from the 1980s has been driven by several factors operating at various levels – national and international, ideological and political, and…

Commerce

World Economic Leaders Warn of Fallout From Trade War Between U.S. and China

By Alan Rappeport* –  The New York Times FUKUOKA, Japan — Global finance leaders meeting in Japan this weekend said they were increasingly worried that the trade dispute between the United States and China, which shows no signs of abating, could propel the world economy into a…

Commerce

Who Will Survive the Trade War?

By Margaret O’Mara* – The New York Times History shows that big businesses profit most when tariffs reign. America is entering a new era of tariffs. President Trump is in no hurry to resolve the trade dispute with China, he is adamant about imposing tariffs on Mexico, and…

Commerce

Trump Makes America Irresponsible Again

By Paul Krugman*- Opinion Columnist- The New York Times Why “tariff” isn’t a “beautiful word.” Donald Trump’s plan to impose tariffs on Mexican exports unless our neighbor does something — he hasn’t specified what — to stop the flow of asylum-seekers is almost surely illegal…

Civil rights

The World Has Lost Its Compass

By Roberto Savio * The terrible feeling I had on waking up and seeing the Italian voting results at the recent European elections was that my country was suddenly full of strangers. How could the majority of Italians reconfirm a government which has been the most inefficient in…