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...
Mass joblessness is an everywhere phenomenon in the developing world. The existence of an ever-growing reserve army of labour manages to keep working wages below a living minimum. Hence, the majority of the working class in any third world economy can get nicely tied...
The threat of a new food crisis is already a reality. The price of food began to rise to record levels again, according to the FAO Food Price Index of February, 2011, which does a monthly analysis of global prices of a basic food basket made up of grains, seed oils,...
The threat of a new food crisis is already a reality. The price of food began to rise to record levels again, according to the FAO Food Price Index of February, 2011, which does a monthly analysis of global prices of a basic food basket made up of grains, seed oils,...
Have so many ever been so enthusiastic over a plan to beg, borrow, and steal $1.5 trillion? •Beg – Weaker European banks will have to raise over $100 billion in capital. •Borrow – Eurozone will borrow $1.4 trillion to bailout future sovereign and bank...
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