Economics

Community of Portuguese Language Countries (CPLP): Forging Cultural Unity in Economic Diversity

The Community of Portuguese Language Countries (CPLP) established with the fundamental objectives to promote sustainable development, scale-up social standards and preserve the unique language culture among the Portuguese-speaking countries. The CPLP’s nine member states are Angola, Brazil, Cabo Verde, East…

The United States Underestimates China’s Economic Challenge at Its Own Peril

This is not a moment for rose-tinted glasses. By Richard D. Wolff The economy of the People’s Republic of China has been growing much faster than that of the United States for decades. So too has China’s average real wage.…

Bangladeshi thinker Prof Yunus to receive Olympic honour

Guwahati: The lone Nobel laureate of Bangladesh, Professor Muhammad Yunus is going to receive a rare Olympic honour in Japan on the 23rd of July The economist turned revolutionary banker turned social entrepreneur, Dr Yunus will be honoured during the…

Bonus “Danger Money” won’t appease union in health and social care

Several governments across Europe promised, or even gave, ‘danger money’ bonuses for frontline workers in health and social care as the pandemic gathered strength. Such bonuses can only treat the symptom not the cause, however. Bonuses and even higher wages…

The hidden hand of the US blockade sparks Cuba protests

Protests erupted in various Cuban cities the weekend of July 11 over dire economic conditions and a surge in Covid-19 cases. They are the biggest protests to hit Cuba in three decades, and they may well continue in the coming…

The United States Tries to Take Advantage of the Price Cubans Are Paying for the Blockade and the Pandemic

Cuba, like every other country on the planet, is struggling with the impact of COVID-19. This small island of 11 million people has created five vaccine candidates and sent its medical workers through the Henry Reeve International Medical Brigade to…

4-day week in Iceland: Almost 9 out of 10 Icelanders are entitled to work shorter hours

Iceland has undertaken the largest trial of a 4-day-week, globally. It has been such an outstanding success that 86 percent of Iceland’s employees have either already adopted it, or at least have the possibility of working shorter hours. This experiment…

The Trump Charges Obscure a Bigger Story of How the Rich Legally Avoid Taxes

When he was president, Donald Trump ensured the rich got richer. That was a far bigger betrayal of the American people than the tax fraud charges his business is facing. By Sonali Kolhatkar After many months of anticipation and nearly…

Globalization explained by economist Helena Norberg Hodge

“Don’t leave the economy to the“ experts ”! By Fiorella Carollo In the year 1991 Helena N. Hodge published a book that has been read all around the world. With the significant title “Ancient Futures” it recounted her experience and…

Southern African Leaders Discuss Regional Economic Integration

Regional integration, security, macroeconomic stability and others formed the major issues discussed when Southern African leaders gathered late June in Maputo, Mozambique. By Kester Kenn Klomegah They were in the country for the extraordinary summit of Heads of State and…

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