One side effect of the American/British occupation of Iraq is that it sparked public debate on a dark secret of international finance: the debts taken on by odious regimes. As Iraq’s new rulers debate what to do about the billions of dollars in foreign debts...
Just before last weekend’s meetings of the World Bank and International Monetary Fund (IMF) board in Washington, South Africa’s finance minister dropped us an obscure news item: “Gordhan concerned about rand volatility”(Reuters, April 16). Hidden away in the...
Friday’s disastrous US jobs report, which showed the worst payrolls growth in a year, capped a week of dismal economic news from every part of the world. These developments reveal that claims of an economic recovery are not only premature but utterly fictitious....
Anglo’s platinum operations are not “unprofitable”. Rather, they are not “profitable enough”. Plans to restructure will jeopardize the income of 14 000 workers and more than 100 000 dependents. AMCUs call to nationalize in response...
Two years after the revolutionary insurrection that caused the dictator Zine El Abidine Ben Ali to flee Tunisia, the situation in the country remains precarious. In fact, it has deteriorated. The great hope for better living conditions raised by the fall of the...
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