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Economics

“Enough of CFA franc monetary colonialism”. Revolutionary governments in the Sahel aspire to a free currency.

On 16 September 2023, Mali, Niger and Burkina Faso signed the Liptako-Gourma Charter, establishing a new alliance between the three French-speaking African states of the Sahel. An alliance that laid the groundwork for even greater change. In December, the leader…

Global minimum tax of 15% for multinational companies comes into force

Many major multinational companies must pay a global minimum tax of at least 15% on corporate profits for the first time. The historic tax reforms went into effect on Monday, nearly three years after 140 countries agreed to a new…

With Over $34 Trillion U.S. Government Debt Jumps To New Height

U.S. government federal debt has breached an unflattering milestone, topping $34 trillion for the first time in history and amounting to more than double the total of the world’s next-biggest borrower, China. The U.S. Treasury Department disclosed the new debt total on…

Indebtedness suffocates developing countries

A few hours before the end of 2023, the World Bank (WB) showed the scandalous figures paid by developing countries in debt service payments, an issue that has undoubtedly affected the attention to critical needs. By Teyuné Díaz Díaz Health,…

Transition to a fairer world economic order is “unstoppable”, says Russian foreign minister

The emergence of a new, fairer world economic order is an “unstoppable” process, Russian Foreign Minister Sergei Lavrov said Thursday. The top Russian diplomat made the statement during a year-end interview with the RIA Novosti news agency, where he summed…

Mega deal between SQM and Codelco for lithium: Chilean State will own 50% plus 1%.

This agreement ensures the continuity of the production of lithium and other substances and broadens the scope of Codelco’s participation in the global challenge of energy transition, taking advantage of the opportunities generated by the intensive use of copper and…

We are Network: a commitment to agroecology as an engine of rootedness

Between waterfalls, native forests and agricultural farms, producers from the central area of Misiones joined together in a network with a common characteristic: ecological transition and the desire for youth to remain in rural areas. The union achieved the implementation…

Bangladesh: Remittance inflow surges in the second half of December: Positive for the economy

A recent increase in remittances, touching $1.07 billion during December 1-15, 2023, underlines significant support for our foreign exchange reserves. This significant increase not only indicates promising growth but also reveals a resilient pattern in remittance flows. As Bangladesh navigates…

Progress in the results of the strike of the workers of the large Californian hotels

Since the 4th of July holiday weekend, around sixty large hotels in Southern California, and especially in Los Angeles, have been affected by extensive strikes, mobile pickets and demonstrations. 32,000 workers (room maids, cooks, dishwashers, bartenders and receptionists) are trying…

NYC: Rally to Demand Passage of the Move the Money Resolution

The Move the Money–NYC Coalition and Council Member Carlina Rivera will hold a rally in support of Resolution 423-2022 calling on Congress and the President to move significant funds away from the military budget to fund social services. It also…

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