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The riots and protests in Tibet earlier this year were the most significant since China’s takeover in the 1950s. Together with the protests that have accompanied the Olympic torch relay around the world, they have shown that Tibetan nationalism remains a potent force...
In the early days of October 2011 the virtual bankruptcy of the Franco-Belgian bank Dexia is yet another sign of how deep is this crisis that brings governments to serve public money to private interests. Dexia’s krach shows that it is the private banks that are the...
In the eye of the storm: the debt crisis in the European Union (3/7)In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...
The uprising in Libya was inspired by the revolutions in Tunisia and Egypt. But the intervention of Nato forces changed the situation dramatically. Simon Assaf asks if Libya is now destined to become a client state of Western powers or whether its revolution could...
Decades since the spring of 1934 when the Communists first proposed the Popular Front as their strategy for fighting fascism and even longer since the summer of 1939 when it was suddenly terminated by the Hitler-Stalin Pact, the Popular Front—the alliance of the...
The large Belgian Bank, Dexia, went bust over last weekend. It provides a lot of pointers about the role of banking and how it fits into this crisis. Dexia was bailed out before at the height of the financial crisis in 2008. Then the Belgian and French governments...
A repeat of the disorder and pandemonium generated inside Afghanistan is in the works for the continent of Africa. The United States, with the help of Britain, Pakistan, and Saudi Arabia, created the brutal Taliban and then eventually waged war on its Taliban...
With confusing creditworthiness two more countries and many banks in Europe have “achieved” downgraded ratings over the last few days. And, there is a split. The Germans and the French have, temporarily, disagreed to agree. For the financial elites, political...
EU ministers have delayed payment of an €8bn loan disbursal to Greece after the PASOK government admitted it would not meet deficit targets. Without the money, the Greek state may not be able to pay its workers over the next month. These targets were set as part of...