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Economics

Analysing individualism as a capricious way of life

“It is no coincidence, by no means, that virtual hyper-communication, the obsession with personal and individual success and the pursuit of pseudo-achievements reign in our times to the detriment of abysmally more important aspects of our lives…” By Opazo Today…

Our World Is in a Multifront Crisis—It’s Time to Cultivate a Local Peace Economy

When the way things are isn’t working, we can build something better if we draw from our collective power and focus on care and interconnection. By April M. Short We are alive in a unique time of challenges that arrive…

BRICS To Pass G7 in Economic Power, Says Bloomberg

The BRICS – Brazil, Russia, India, China, and South Africa – is expected to increase their share of the global economy to nearly 35% by 2028, Bloomberg reported on Monday. By Countercurrents Collective According to Bloomberg’s calculations based on the…

Tunisian ex-footballer sets himself on fire and dies as a result, in a repeat of events that led to the Arab Spring in 2011

Ex-Footballer’s livestream self-immolation following a ‘banana sale dispute’ wreaks havoc in Hafuz, Tunisia. Ex-football player, Nizar Issaoui died on Thursday, April 13th, after he poured gasoline on his body and set himself on fire in a livestream video outside a…

Protestors call for a new economic model to stop violence against overseas Filipino workers

Overseas Filipino Workers are esteemed as modern-day heroes in the Philippines as they contribute greatly to the country’s economy, sacrificing years away from their families with the hope of providing a comfortable life. But not everyone is fortunate enough to…

Bangladesh’s other generosity to Sri Lanka: A friend in need is a friend indeed

During an economic crisis on a scale not seen before, events in Sri Lanka over the past YEAR have taken a dramatic turn. For many overseas Sri Lankans in particular, including me, it has led to months of uncertainty and…

The Rise of the South: Can BRICS Weaken the Dominance of the IMF and World Bank?

Who would have expected that the BRICS nations could rise as the potential rival of the G7 countries, the World Bank and the IMF combined? But that once seemingly distant possibility now has real prospects which could change the political…

A New Leader’s Big Banking Opportunity to Improve Global Development

Will the New Development Bank and the Contingent Reserve Arrangement be able to fulfill their original mission with the arrival of the new bank president Dilma Rousseff? By Marco Fernandes The first event of President Lula da Silva’s long-awaited visit…

Let the banks burn

The banking crisis is different this time. In fact, it is worse than in 2007-08. Back then, we could blame the sequential collapse of banks on wholesale fraud, widespread predatory lending, collusion between rating agencies and bankers suspected of selling…

Why is Japan edging closer to Bangladesh and India in the region?

Bangladesh, Japan, and India will hold a meeting in Tripura on 11-12 April to put in place connectivity initiatives to harness the commercial potential of the region. By Fumiko Yamada Asian Confluence, a think tank based out of North East India, in…

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