By Ellen Brown* BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars from the Federal Reserve. The fate of a large portion of the…
The Economist If America pulls back from global institutions, other powers must step forward Seventy-five years ago in San Francisco 50 countries signed the charter that created the United Nations—they left a blank space for Poland, which became the 51st founding member a…
Editorial The pandemic is an opportunity to tackle the climate emergency by creating productive green jobs for those made redundant by the crisis Britain needs a green job-filled recovery from the coronavirus crisis. Unlike Germany and South Korea, it is far from clear…
By Bill Blain* – The Morning Porridge “Let us sing more cheerful songs, more songs full of joy!” I am wondering if my FT App is broken? I opened it this morning and the front pages of the Pink Un didn’t rate the German Constitutional Court’s stab in the back of the ECB an…
by Tyler Durden – ZEROHEDGE (*) Authored by Tuomas Malinen (**) via GnSEconomics.com Country after country has reported extremely dark economic numbers. The gigantic jobless claims, 6.6 million from the U.S. last week, are just the tip of the iceberg.
By Jan Zielonka* -Social Europe (London) While initial responses to the coronavirus crisis have favoured national sovereignty and public authority, effective solutions will only emerge from a complex network of multi-level governance. From Madrid to Paris, Berlin to Warsaw, the…
By Tim Schwab* – The Nation Bill Gates Gives to the Rich (Including Himself). His renowned charitable activities seem to serve mainly private interests, namely his own. A Nation investigation illustrates the moral hazards surrounding the Gates Foundation’s $50 billion…
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 Marshall Auerback* – Independent Media Institute The virus has starkly exposed the dangers of offshoring all production; we have a whole series of shortages that can only be mitigated by bringing some production back home. The coronavirus will eventually pass, but the same…
By Anis Chowdhury and Jomo Kwame Sundaram* SYDNEY and KUALA LUMPUR, Feb 2020 (IPS) – Meeting the President of the Republic of Korea in September 2019, President Donald J Trump bragged that the “US economy is the envy of the world”. Trump reiterated such claims in his State…
