Economics

A collaboration by: Patricio Ávila López (text and photo) The growing wave of demonstrations that Ecuador is experiencing in response to high fuel prices and the consequent inflation of basic necessities; the lack of medicines in hospitals and other social…

EU obstructs UN efforts to deliver Ukrainian grain via Belarus to world markets. Russia and Turkey clear the way for Ukrainian grain exports. BERLIN/KIEV/MINSK (Own report) – The EU is obstructing UN efforts to avert global hunger being caused by war…

What is BRICS Plus and what is the purpose of this new mechanism? On 19 May, China’s State Councillor and Foreign Minister Wang Yi chaired a videoconference dialogue between foreign ministers of BRICS countries and their counterparts from emerging economies…

The Ruble is Now Officially the Strongest Currency in The World By the end of May the Russian ruble was officially declared the strongest currency in the world. (1) In the first two weeks of June its value continued to…

On May 30 to June 01, the Speaker of the Federation Council of the Russian Federation, Valentina Matviyenko, headed a group of powerful and well-experienced Russian senators on a reciprocal visit to Maputo, Mozambique. The group had discussions with the…

South Africa and United Arab Emirates have to set a good precedent now. United Arab Emirates has to cooperate and help South Africa to fight deep-seated corruption. Collaborative and mighty efforts, such as tracking down and bringing to justice, the…

A deafening silence defines “debates” among U.S. leaders about stopping or slowing today’s inflation. Alternatives to the Federal Reserve’s raising of interest rates and curtailing money supply growth are ignored. It’s as if there were no other ways to rein…

For a few days now there has been nothing else to talk about in the United States. The shortage of baby milk has become a serious problem that worries many families, because the survival of their babies depends on it.…

What the statistics don’t show: the lasting effects of extreme poverty. Latin America is a rich continent. We know this when the media show us the prosperity of the most powerful and the cunningly legalised way in which they appropriate…

Is it possible to imagine a world without money? Anitra Nelson, in her recent book, “Beyond Money: A Post Capitalist Strategy”, not only envisions that world but also gives it concrete shape, laying the ideological foundation of a post-money society…