The Shape of the Beast | by Arundhati Roy

The Shape of the Beast | by Arundhati Roy

The Shape of the Beast is our world laid bare by a mind that has consistently and unhesitatingly engaged with its changing realities and often anticipated the way things have moved in the last decade. In the fourteen interviews collected here, conducted between...
Inching towards default in Europe | by James Meadway

Inching towards default in Europe | by James Meadway

EU ministers have delayed payment of an €8bn loan disbursal to Greece after the PASOK government admitted it would not meet deficit targets. Without the money, the Greek state may not be able to pay its workers over the next month. These targets were set as part of...
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...
The Food Crisis Strikes Again | by Esther Vivas

The Food Crisis Strikes Again | by Esther Vivas

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,...