Economics

– UK Uncut successfully targets Starbucks over tax avoidance and impact of government cuts on women – Over 40 protests across the UK take place at Starbucks shops today, in UK Uncut’s biggest day of action – Protesters stage sit-ins…

By R. Nastranis Church leaders from around the world have expressed solidarity with the much pooh-poohed and crisis-ridden Greece in a two-day visit to the country during which they met Archbishop Ieronymos II of Athens and All Greece as well…

An offshoot of Occupy Wall Street has launched a new movement called “Rolling Jubilee” to buy distressed debt from financial firms, often for pennies on the dollar, and then canceling it so that borrowers do not have to repay. The…

Press release EUROPE IN CRISIS: HUMANIST INTERNATIONAL SUPPORTS 14N STRIKE The current crisis that we are living through in Europe is the crisis of a System which is driven by those institutions that are the holders of transnational finance capital.…

President Obama will open deficit reduction talks on Friday with a call for a $1.6 trillion tax hike on corporations and the wealthiest Americans over the next 10 years. Obama and House Speaker John Boehner are sitting down to avert…

By Apostolis Fotiadis Ignoring the thousands of protestors gathered outside the Greek parliament on Wednesday, the government voted in public spending cuts amounting to 17 billion dollars in an economy already on its knees from a lacerated budget. The government…

The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report. Divergent long-term growth patterns lead to radical…

A landmark study of Kenya’s high-elevation forests shows that the economic cost of deforestation in the East African country exceeds national gains from forestry and logging by more than four-to-one, the United Nations Environment Programme (UNEP) reported. “Deforestation deprived Kenya’s…

In the late summer of 1998, in the wake of the Asian financial crisis, a group of German and French professors of economics organised at the University of Bremen in Germany a seminar to discuss ways to re-regulate the international…

We speak with residents of the low-income and largely minority community of Manhattan’s Lower East Side who live in the shadow of a Consolidated Edison substation that flooded during Superstorm Sandy and has left thousands in the dark. With no…