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It is significant that the Fifth BRICS summit took place in South Africa. Until relatively recently, South Africa wasn't considered part of the club of emerging economies. In the past decade, some countries had begun to show an important role in the global growth...
A crisis in the capitalist system is a kind of wake up call: speculative bubbles burst, the price of assets [8] moves back towards their real value; the least profitable corporations go bankrupt, and capital is destroyed [9]. Crises are in a way part of Capitalism's...
Don't blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street's at fault for the spiraling cost of food. Demand and supply certainly matter. But there's another reason why food across the world has become so...
Big business sees water scarcity as a money making opportunity. Joyce Nelson uncovers the dodgy dealings of the Aqueduct Alliance. In January 2010, investment banker Goldman Sachs, along with General Electric and a high-powered Washington thinktank called the World...