The new scramble for Africa | by Conn Hallinan

The new scramble for Africa | by Conn Hallinan

Are we witnessing a new “scramble for Africa?” Conn Hallinan presents his view of the current resource scramble for oil and other energy sources led by the United States, linking it to the war in Libya, rivalry with China and the African Contingency...
Dexia and bailing out the banks | by Michael Roberts

Dexia and bailing out the banks | by Michael Roberts

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...