Economics

As of January 20, 2019, the United States government remains partially shutdown for one month due to President Donald J. Trump’s insistence of $5.7 billion from Congress to fund his racist and medieval border wall. When it comes to this…

By Howard Richards “The question is whether finance will promote economic growth and rising living standards or create unproductive credit and use government to enforce creditor claims by imposing austerity and reducing large swathes of the population to debt peonage.”…

Saturday afternoon, the series of demonstrations against the Overtime Act continued in Budapest and numerous countryside locations. There were demonstrations or roadblocks in Miskolc, Tatabánya, Debrecen, Sopron, and many other places. The organisation behind the countrywide protests is the National…

By Vijay Prashad 1 Source: Independent Media Institute This article was produced by Globetrotter, a project of the Independent Media Institute.   Last Thursday—on January 10—Nicolas Maduro was sworn in for his second term as president of Venezuela. “I tell the people,”…

“British overseas territories win reprieve after threatening legal action or secession”. The Guardian reports that “The government has been accused of defying parliament by delaying plans to require British tax havens such as the British Virgin Islands to bring in public registers…

Caroline Nye, University of Exeter for The Conversation Japan brought in a controversial new labour policy at the end of 2018 which will open up blue-collar jobs to workers from countries such as Nepal, Thailand, the Philippines and Vietnam. The…

The wave of protests that started in December resumed last week with several smaller protests all over different towns of Hungary culminating in a larger demonstration in Budapest on Saturday.  Not long before Christmas, the Hungarian Parliament passed the Overtime…

By Adolf Alzuphar and Ivy Beach Street vending was legalized in Los Angeles on Jan. 1, marking an important victory for economic and immigrant justice in the city. This comes after statewide decriminalization through the Safe Sidewalk Vending Act, or…

Weeks into Trump’s border wall tantrum “talks were due but as the nation digested the president’s rambling, contradictory and combative remarks at a White House press conference on Friday, potentially devastating effects of the shutdown were coming into focus. The Supplemental…

By Howard Richards Some of us think 2008 was a lost opportunity. Humanity had a chance to change course to save itself and the biosphere. We blew it. Could 2019 be a second chance? The reason why 2008, instead of…