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Economics

How Facebook’s Quest for Profits Is Paved on Hate and Lies

New revelations by a whistleblower prove that the world’s largest social media platform understands clearly its negative impact on society, but that profits are a greater lure than preserving democracy. By Sonali Kolhatkar Facebook’s former employee Frances Haugen, in an…

Making sense of Bangladesh’s investment in megaprojects: development or delusion?

by Kazi Mohammad Jamshed History manifests that Megaprojects may become landmarks for a country by bringing transformational impact on the lives of the long-deprived people. Infrastructure-megaprojects are material drivers for accelerating the economic growth of developing countries especially while in…

Ecuador: Lasso and the Pandora’s Papers, chronicle of a plunder

The country is literally bleeding to death from its prisons, the place where the state and society hide their injustices and indifference to them; the place where the immiserated are confined, those who have been deprived of a future and…

What Does India Get Out of Being Part of ‘The Quad’?

Australia has joined the U.S. and UK games to contain China, leaving India unclear in the Quad and isolated in Asia. Tied to the waning imperial power of the U.S., India is gradually losing strategic autonomy. By Prabir Purkayastha The…

What Do Russia and Nigeria Share in Common?

Under the aegis of the newly established Nigeria-Russia Chamber of Commerce and Industry, Russians are now gearing up to revamp the Ajaokuta Iron and Steel Complex that was abandoned after the collapse of the Soviet Union, and further take up…

The Child Tax Credit Is a Proven Boost to American Families—Why Are Conservative Democrats Trying to Stop It?

Even though the expanded CTC is a win-win for families and the economy, conservative Democrats are finding ways to oppose it. By Sonali Kolhatkar American families have struggled for decades to make ends meet with wages simply not rising as…

Clarion call to fight for freedom from exploitation and oppression in “Anti Imperialist Conference” on Bhagat Singh’s birth anniversary

“We will continue our fight till the repeal of black laws and liberation from imperialists” Barnala, 28 September 2021 On the occasion of the 114th birth anniversary of Shaheed Bhagat Singh, peasants, agricultural workers, youth and women came in endless…

Afghanistan’s Impoverished People Live Amid Enormous Riches

On September 25, 2021, Afghanistan’s Economy Minister Qari Din Mohammad Hanif said that his government does not want “help and cooperation from the world like the previous government. The old system was supported by the international community for 20 years…

Cambodia, Thailand, Laos, Vietnam, Malaysia, Philippines, Myanmar, Indonesia can follow the ‘Bangladesh Economic Rise Model’

Present-day, Bangladesh is one of the developing economies of the world. In 2015, Bangladesh graduated from LDC status and became a low, middle-income country. Many Asian and European including American economists hope that soon Bangladesh will become one of the…

Clear Away the Hype: The U.S. and Australia Signed a Nuclear Arms Deal, Simple as That

On September 15, 2021, the heads of government of Australia, the United Kingdom and the United States announced the formation of AUKUS, “a new enhanced trilateral security partnership” between these three countries. Australia’s Prime Minister Scott Morrison and Britain’s Prime…

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