Economics

Colombia’s President Gustavo Petro wants to tax oil exports and the rich. This could raise 11.5 billion dollars a year for the country. Petro wants to use this money to fight poverty among the population and invest in universities and…

In a statement issued on Friday by the White House to the offices of Secretary of State Antony Blinken and Treasury Secretary Janet Yellen, the US president decided to maintain the trade embargoes on Cuba, which have been in place…

Economist Roberto Pizarro Hofer is an outspoken dissident of the neoliberal positions of several of his colleagues, whom he has publicly challenged for their position on the possibility of a new Constitution. He was Minister of Planning and Cooperation (now…

In late July, a large sinkhole appeared near the town of Tierra Amarilla in Chile’s Copiapó province in the Atacama salt flat. The crater, which has a diameter of more than 100 feet, emerged in one of Chile’s most lucrativeregions…

Brittany has one of the most beautiful coastlines I know. Situated on the western flank of France, its storms are spectacular. The broken, rocky and varied coastline makes navigation extremely difficult and dangerous. I went there – years ago –…

On 5th August 2022, the Bangladesh government re-adjusted the price of all fuels including petrol, diesel, and octane. The readjustment hiked the price of diesel and kerosene by 34 takas to 114 takas, petrol by 44 takas to 130 takas,…

Thousands of people around Plaza Bolivar in Bogota and in many parts of the country celebrated the historic milestone of Gustavo Petro’s inauguration as president of Colombia. By Fátima Martínez Petro and Francia Márquez, the vice-president, are the most visible…

Russia and the West have signaled their intent to commit to a long-term confrontation over Ukraine. While Russia has clearly felt the effect of sanctions, the EU remains vulnerable to Russian attempts to use energy to divide member states. By…

Everyone’s concerned about inflation these days. But politicians are blaming government benefits instead of rising inequality and corporate profits. By Sonali Kolhatkar “Inflation” is the new buzzword of the year. It is the reason for the Federal Reserve’s interest rate…

The persistent attacks by the right wing and those in power against the Undersecretary of International Economic Relations (Serei) are signs of desperation. They are hurt that José Miguel Ahumada, in his outstanding academic work, has criticised the limits set…