China

Angola helps out Portugal | by Augusta Conchiglia

Angola helps out Portugal | by Augusta Conchiglia

The former colony has become an unexpected source of jobs and investment for Portugal in the global downturn. Angola is Sub-Saharan Africa’s third largest economy, after South Africa and Nigeria (1). It is already one of Africa’s biggest oil producers, with an average...

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Crisis and Alternatives | by Achin Vanaik

Crisis and Alternatives | by Achin Vanaik

Crisis for whom? Why after all this is it business more or less as usual? Because those who benefit think they can get away with it. Where there is greater ground level resistance – for example in Greece, significant political forces have put forward specific...

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The end of cheap oil | by Phil Gasper

Capitalism has no solution to the world energy crisis as oil prices reach record highs. BY NOW everyone in the United States knows that world oil prices are going through the roof.  Gas in the U.S. is now over $4 a gallon and the Associated Press reports that there...

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