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Economics

A Plan Only Banksters Will Love: WikiLeaks Reveals Trade Deal Pushing Global Financial Deregulation

The pro-transparency group WikiLeaks has released the secret draft text for the Trade in Services Agreement, TISA, a trade agreement covering 50 countries and more than 68 percent of world trade in service. Until now, the draft has been classified…

Economic Growth Is Anything But “A Rising Tide Lifting All Boats”

By Roberto Savio* Not a day goes by without news on the growing inequality that is the telling indicator of the kind of economic model in which we have put ourselves, following the neoliberal binge unleashed by the Washington Consensus.…

Argentina Alleges Extortion After Supreme Court Sides with Vulture Funds Preying on Sovereign Debt

Democracy Now! 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…

Virtual Media blackout about the G77 (in fact 133)+China summit

The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members’ collective economic interests and create an enhanced joint negotiating capacity in the United Nations. There were 77 founding members of…

Medact: BOOTS is a PUBLIC HEALTH RISK!

Medact, Health professionals for a safer, fairer & better world Tax abuse costs the UK economy £69.9 Billion a year – more than half of the country’s total annual healthcare spend.  Meanwhile, health and social care services are being slashed in the…

UK Uncut protest at Vodaphone for Tax avoidance

Press Release. See Photos *Protesters shut down Vodafone’s flagship store on Oxford Street for over two hours.[1] * 10 actions took place across the country including in central London, Cornwall and Manchester.[2] * Flagship store blockaded by mothers, babies and…

“Some Individuals Are Now as Wealthy as Entire Countries”

Gustavo Capdevila interviews MUKHISA KITUYI, secretary-general of UNCTAD.- As it turns 50, the United Nations Conference on Trade and Development (UNCTAD) finds itself engaged in an ongoing struggle to reduce economic and social inequalities in the world. “Compared with 50…

Half a million citizens in Spain now have control over municipal government accounts

By the Municipal Citizens’ Observatories Over half a million people now have access to real participation in their municipality The OCMs: citizen bodies to control local governments After two years of work at the Spanish Citizen Debt Audit Platform (PACD),…

Why is inequality the big hot issue right now?

TED: Writer Jimmy Guterman takes society’s temperature and digs into the reasons we’re all talking about inequality. Thomas Piketty’s Capital in the 21st Century is a book of our moment. It may be the most unlikely egghead highbrow bestseller since…

A Strange Tale of Morality: Banks, Financial Institutions and Citizens

By Roberto Savio Reprint In this column, Roberto Savio, founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News, argues that it is time to rethink the Seven Deadly Sins in the light…

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