Economics

Social Security is in trouble. The retirement and disability program has been running a cash-flow deficit since 2010. Its trust fund, which holds US$2.7 trillion, is rapidly diminishing. Social Security’s trustees, a group that includes the secretaries of the departments…

From the spheres of the Chilean political elite, signals are being raised announcing a world financial crisis, which will deal a hard blow to the domestic economy, which is already in the midst of a period of unstoppable rises and…

Energy cooperation between Nepal and Bangladesh is one of the most promising areas of cooperation. Plans to make power an exportable good are outlined in Nepal’s 15th Five-Year Development Plan (2019-2024). Nepal plans to grow its 1,250 MW of electricity…

The China-Central Asia Summit held on Thursday and Friday in Xi’an, Shaanxi province, an event of striking symbolism, has taken the development of the China-proposed Belt and Road Initiative to a higher stage. By William Jones The city of Xi’an,…

Recently the Polish sociologist Krzystof Wielicki has made a case for regarding the democracies of the world as in a civilizational crisis.   Somewhat less recently, Susan Strange of the London School of Economics proposed the idea that in our times…

Chile’s National Copper Corporation (Codelco) today presented two new companies created to explore and exploit lithium in the Andean country, which will articulate the state’s role in the national lithium strategy launched by the government last month. Codelco’s board of…

On May 2, 11,500 film and TV writers belonging to the Writers Guild of America went on strike. The Guild, founded in 1933, is the labor union representing thousands of writers who create TV series, film scripts, news programs, and…

A changing world order, a shrinking U.S. empire, migrations and related demographic shifts, and major economic crashes have all enhanced religious fundamentalisms around the world. Beyond religions, other ideological fundamentalisms likewise provide widely welcomed reassurances. One of the latter—market fundamentalism—invites…

It’s official, according to a speech by National Security Advisor Jake Sullivan, the United States is jumping off the neoliberal globalization bandwagon (a root cause of domestic extremism) and it couldn’t come soon enough as institutions of government are sucking…

Commission to resolve a critical point of the SBAP bill related to industrial concessions in protected areas Bill creating the Biodiversity and Protected Areas Service (SBAP) in Joint Parliamentary Committee The Joint Commission is to resolve disputes between the two…