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...
China
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...
Can the green economy solve China’s development and environment challenges? | by Dorothy Guerrero
In acknowledging the many challenges that it is facing in achieving its development goals and addressing environmental problems, China has embarked on reforms aimed at rebalancing its economy to address its own problems and help in the global effort to abate climate...
The World Seen from the South | by Samir Amin and Irene León
Edited from an interview with Samir Amin conducted by Irene León Irene León: I would like to focus this interview on three distinct but related questions: your vision of the world and the possibilities of changing it; your conceptual and political proposal on the...
UPM Statement on the Youth Wage Subsidy and the Clash between the DA and COSATU | by UPM
The Unemployed People’s Movement rejects the Youth Wage Subsidy as a solution to the unemployment crisis that is leaving millions of young people without a future. We note that there has been a concerted attempt by big business, their academic and media allies and the...
Why I dropped ‘The Spear’ | by Ferial Haffajee
Commentary from City Press editor-in-chief Ferial Haffajee on the City Press decision to remove "The Spear" from their website. "The Spear" is down - out of fear and care "The Spear" is down. Out of care and as an olive branch to play a small role in helping turn...
Rio+20 What Is at Stake | by T Jayaraman, Shruti Mittal, and Divya Singh Kohli
There are major issues at stake in the Rio+20 Summit on Sustainable Development to be held on 20-22 June. Yet governments of developing countries have not given adequate importance to the run-up to the conference. As has happened in the climate change negotiations,...
On Economic Globalisation, Neo-liberalism and the Nature of the Period by | Nigel Harris
For long, the term "imperialism" was popular to denote a world political order embodying systemic relations of domination with Washington at the centre. That thesis is no longer considered valid. Washington itself is victim to a global capitalist order and is mired in...
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...




