Amandla! interviews Gilbert Achcar Amandla: What do you think were some of the principal motivations for the recent Israeli assault on Gaza? Gilbert Achcar (LGA): Well, the onslaught came just before the Obama administration starts in Washington. And there was a...
By Martin Legassick The SA economy is linked to the global economy basically through exports and imports. The difference in value between exports and imports is called the balance of trade. When transfers of money (foreign investment, payment of dividends overseas...
G20 “trillion” dollar magic trick To great fanfare, the G20 announced a $1.1 trillion global package, which will actually deliver less than half that amount in new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off the...
By Eric Toussaint – Damien Millet The G20 summit meeting in London from April 1st onward was loudly announced and publicized. Those 20 industrialized and emergent countries (G20) are meeting to find solutions to the crisis. But long before the end of the summit,...
by Damien Millet, Éric ToussaintThe international crisis that broke in summer 2008 demolished all the neo-liberal dogmas and exposed the deception behind them. Unable to deny their failure, the World Bank and the International Monetary Fund claim they no longer uphold...
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