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Economics

US President Joe Biden decides to extend until 2023 the trade restrictions on Cuba, which were due to expire on 14 September.

In a statement issued on Friday by the White House to the offices of Secretary of State Antony Blinken and Treasury Secretary Janet Yellen, the US president decided to maintain the trade embargoes on Cuba, which have been in place…

Roberto Pizarro, economist: “The `I approve` option will generate the conditions to recover growth”.

Economist Roberto Pizarro Hofer is an outspoken dissident of the neoliberal positions of several of his colleagues, whom he has publicly challenged for their position on the possibility of a new Constitution. He was Minister of Planning and Cooperation (now…

Why Lithium Power Politics Are Playing Out Very Differently in Chile and Bolivia

In late July, a large sinkhole appeared near the town of Tierra Amarilla in Chile’s Copiapó province in the Atacama salt flat. The crater, which has a diameter of more than 100 feet, emerged in one of Chile’s most lucrativeregions…

The importance of the cardinals

Brittany has one of the most beautiful coastlines I know. Situated on the western flank of France, its storms are spectacular. The broken, rocky and varied coastline makes navigation extremely difficult and dangerous. I went there – years ago –…

Why Bangladesh Had to Adjust Fuel Price Suddenly?

On 5th August 2022, the Bangladesh government re-adjusted the price of all fuels including petrol, diesel, and octane. The readjustment hiked the price of diesel and kerosene by 34 takas to 114 takas, petrol by 44 takas to 130 takas,…

The street was a party: Petro’s inauguration

Thousands of people around Plaza Bolivar in Bogota and in many parts of the country celebrated the historic milestone of Gustavo Petro’s inauguration as president of Colombia. By Fátima Martínez Petro and Francia Márquez, the vice-president, are the most visible…

Russia and the European Union Continue Transition to Wartime Economies

Russia and the West have signaled their intent to commit to a long-term confrontation over Ukraine. While Russia has clearly felt the effect of sanctions, the EU remains vulnerable to Russian attempts to use energy to divide member states. By…

To Reduce Inflation, Control Corporate Profits

Everyone’s concerned about inflation these days. But politicians are blaming government benefits instead of rising inequality and corporate profits. By Sonali Kolhatkar “Inflation” is the new buzzword of the year. It is the reason for the Federal Reserve’s interest rate…

Undersecretary Ahumada in the right-wing crosshairs

The persistent attacks by the right wing and those in power against the Undersecretary of International Economic Relations (Serei) are signs of desperation. They are hurt that José Miguel Ahumada, in his outstanding academic work, has criticised the limits set…

Economic Theory and Community Development: Why Putting Community First is Essential to our Survival

The new book by Howard Richards with the assistance of Gavin Andersson.  Foreword by Evelin Lindner.  Lake Oswego OR: Dignity Press, 2022.  Available on Amazon and other sites as a print book and as a Kindle ebook. Review by Michael…

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