Economics

By Russia Today* (RT), 20 July 2014 – Greece has become a social experiment for the implementation of the most extreme neo-liberalism aimed at not contaminating the eurozone during the first period of the crisis, with the same policies being followed now,…

By John Hilary 14 July 2014, for Open Democracy The TTIP trade treaty talks re-open in Brussels this week. We should not be reassured by the convenient ‘leak’ of a private letter between key TTIP advocates claiming the treaty poses…

Published by the Corporate Europe Observatory in January 2014 We reproduce here the Conclusions of this exhaustive study into the new EU “Banking Union”. The original can be read here Though the banking union is an ambitious project, it is…

Buenos Aires, Jul 16 (Prensa Latina) The Argentine Government deplored today a paid announcement on the vulture funds published by the Clarin and La Nacion newspapers asserting that the country undergoes a technical suspension of payments. Jorge Capitanich, Chief of…

Half the world is under 25 years of age – nearly 90 per cent of them in developing countries, according to UN figures. However, half of those employed from the group are either unemployed or in UN secretary general Ban…

By Milagros Salazar JEPELACIO, Peru, Jul 2 2014 (IPS) – He may look like a rapper, but 33-year-old José Antonio Bardález is the mayor of Jepelacio, in the Peruvian Amazon. His ingenious innovations in the municipality include transforming waste management…

The tentacles of Spain’s Telefonica Movistar spread far and wide. I refer not only to the interests of their shareholders, such as banks BBVA and La Caixa, or close links with political power, and their “representatives” on the board, but…

Malabo, Jun 27 (Prensa Latina) A project to create an African Monetary Fund is among the proposals being presented by regional leaders attending the 23rd Summit of the African Union (AU), which concludes its sessions in Equatorial Guinea”s capital today.…

Buenos Aires, Jun 26 (Prensa Latina) The head of the Argentinian Cabinet, Jorge Capitanich, today thanked the international community for its increasing clear, strong, and longstanding support in his country´s fight against vulture funds. Capitanich highlighted the recent support given…

We look at a case that is being called the “trial of the century” in how poor countries repay sovereign debt. This week, the U.S. Supreme Court rejected an appeal from Argentina over its $1.5 billion debt in a ruling…