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The crisis that has erupted in Ukraine following the right-wing coup engineered by the United States and Germany and the intervention of Russia into Crimea has created the most dangerous international confrontation since the end of World War II. Almost overnight, in a...
NO NEED FOR RETRENCHEMENTS Delegates wrapped up the 19th annual African Mining Indaba in early February 2013 full of back-thumping promises to improve the public image of the sector. Little wonder that the mining captains feel the industry needs a facelift: since the...
This budget takes one step forward, only to take two steps backwards. It is delivered in a deepening economic and social crisis. In our country, this is highlighted by desperate struggles for basic needs. We have seen this in Marikana and the mineworkers' and...
Sampie Terreblanche's brief (150pp) new book Lost in Transformation adds to our understanding of the 'Americanisation' of South Africa's economy and forces new questions about a future, necessary transition to socialism. Though the eloquent 79-year-old is an...
Sampie Terreblanche's brief (150pp) new book Lost in Transformation adds to our understanding of the 'Americanisation' of South Africa's economy and forces new questions about a future, necessary transition to socialism. Though the eloquent 79-year-old is an...
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...
Barclays was fined after admitting attempting to rig the London Interbank Offered Rate (Libor), a measure of how much it costs banks to borrow from each other. Libor is calculated by taking an average – each morning - of the rate that banks report they can borrow at....
We have had [in England], ever since 1876, a chronic state of stagnation in all dominant branches of industry. Neither will the full crash come; nor will the period of longed-for prosperity to which we used to be entitled before and after it. A dull depression, a...
The indebtedness of America and most European countries is not only dynamite to the international monetary system, but also to the cohesion of Europe and even to the cohesion of individual nation states. The large public debt crisis directly threatens our currency,...