Italian debt, a financial disaster waiting to happen GEFIRA The new Italian government will increase public spending and public debt. It promised to reduce taxes, introduce basic security and reform pensions. Italy’s Northern League’s leader […]
Global Trade Order on Verge of Collapse? CHRISTIAN GOMEZ Reaction to President Trump’s pending tariffs on steel and aluminum from China and the E.U., as well as his tough demands on both Canada and Mexico […]
Why the debt deal with the EU is bad for Greece The new Eurogroup agreement commits Greece to 40 more years of austerity and supervision. JEROME ROOS Shortly before coming to power in January 2015, […]
The Global Economy is Running out of its Most Valuable Resource GEFIRA The current state of the financial markets and the global economy depends on one single resource that nobody, not even such renowned economists […]
Outrage in Russia over pension reform CLARA WEISS Last Thursday, the Russian Labour Ministry submitted a bill to the Duma (parliament) that raises the retirement age for men to 65 from 60 and women to […]
Is Switzerland About To Create A New Banking System? TYLER DURDEN Submitted by John Mason In Switzerland, a new format for commercial banking is being proposed in a referendum to be held June 10, […]
Italian Debt Crisis Erupts: Is this a Greek Debt Crisis Writ Large? DR. JACK RASMUS This past week, as the Italian populist party, ‘5-Star’, began to form a government, suddenly the realities of the Italian […]
Italy: The Center Cannot Hold For a generation, acceptance of the neoliberal doctrine that “there is no alternative” has paralyzed politics in the West. But what is the meaning of politics if there’s no alternative […]
Why the Left Should Embrace Brexit Remainers claim that Brexit will be an economic apocalypse. But it provides the opportunity for a radical break with neoliberalism. THOMAS FAZI & WILLIAM MITCHELL Labour Party leader Jeremy […]
Trump’s New Tariffs Have Effectively Killed TTIP And May Collapse NAFTA ADAM GARRIE The US Treasury Department has just announced the full implementation of steel and aluminium tariffs on imports from the EU as well […]
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