In the eye of the storm: the debt crisis in the European Union (5/7) 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...
IMF
A European Brady deal: austerity for life | by Eric Toussaint
In the eye of the storm: the debt crisis in the European Union (4/7) 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...
Neoliberalism in Africa, Apocalyptic Failures and Business as Usual Practices | by George Caffentzis
We are not blinded by the moral reparation of national independence; nor are we fed by it. The wealth of the imperial countries is our wealth too.... So when we hear the head of a European state declare with his hand on his heart that he must come to the aid of the...
Cut Down Ratings And The Split In Europe | by Farooque Chowdhury
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...
Swazi political prisoners interrogated by South African police | by Peter Kenworthy
In a strange twist to the case of student leader Maxwell Dlamini and political activist Musa Ngubeni, both awaiting trial for allegedly being in possession of explosives in connection with the democratic uprising in Swaziland in April, they were interrogated by what...
Why the BRICS won’t ‘save’ Europe | by Pepe Escobar
This Thursday, in Washington, finance ministers and central bank governors of the BRICS group of emerging powers - Brazil, Russia, India, China and South Africa - will get together and, in the words of Brazilian Finance Minister Guido Mantega, "Talk about what to do...
The Spectre of the Eurozone Debt Crisis
Does the chaos in the Eurozone signal the beginning of the end of the Euro?Four years and a couple of trillion dollars worth of rescue packages after the eruption of the sub-prime crisis in 2007, we are nowhere near resolution of the “North Atlantic Financial Crisis”....



