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...
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...
One side effect of the American/British occupation of Iraq is that it sparked public debate on a dark secret of international finance: the debts taken on by odious regimes. As Iraq’s new rulers debate what to do about the billions of dollars in foreign debts...
Everyday the same news – Greece lurches nearer to a default, the financial markets panic, and governments come up with a few more euros or some soothing words to calm them for a few hours. The meltdown has been put off for another day.Almost every commentator accepts...
In the eye of the storm: the debt crisis in the European Union (6/7)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...
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