Demowp

Tag: Economies

  • Multipolar World Order, Leading Role of Emerging Economies, and Western Debt: Key Takeaways from Putin’s BRICS Address

    Multipolar World Order, Leading Role of Emerging Economies, and Western Debt: Key Takeaways from Putin’s BRICS Address

    President of Russia Vladimir Putin during an expanded meeting of BRICS leaders during the 16th BRICS summit in Kazan. ©  Sputnik / Stanislav Krasilnikov Russian President Vladimir Putin addressed a meeting of leaders at the BRICS Summit in Kazan on Wednesday. In his speech, he focused on the growing role and prospects of the economic […]

  • Following US’ Protectionist Policies, Canada is Shooting Itself in the Foot

    Following US’ Protectionist Policies, Canada is Shooting Itself in the Foot

    Illustration: Chen Xia/GT On the political stage, Canada often seems to trail behind the US. After the US government’s announcement in May of imposing high tariffs on Chinese electric vehicles (EV) and steel, the Canadian government has now decided to follow suit. On Monday, Canadian Prime Minister Justin Trudeau said Ottawa would impose a 100 […]

  • Stranglehold of Imperialism: Inflicting Hunger and Hardship in Africa

    In late June, Kenyan President William Ruto backtracked on a tax-hiking finance bill after protests left at least 20 people dead and more than 150 injured when police opened fire with live ammunition. According to Patrick Gathara of The New Humanitarian, the youth-led protests were triggered by a range of proposed new taxes that will […]

  • War on Farmers: World Bank Sowing Seed Colonialism in Africa

    In Kenya, a law was passed in 2012 that prohibits farmers’ rights to save, share, exchange or sell unregistered seeds. Farmers could face up to two years in prison and a fine of up to 1 million Kenyan shillings (equivalent to nearly four years’ wages for a farmer). However, in 2022, Kenyan smallholder farmers launched […]

  • Is the Reign of the Dollar Coming to an End?

    Is the Reign of the Dollar Coming to an End?

    Jiang Tiefeng (China), Stone Forest, 1979. In early June, a rumour began to circulate – which was widely reported in the Indian press as true – that the government of Saudi Arabia had allowed its petrodollar agreement with the United States to lapse. This agreement, made in 1974, is quite straight-forward and fulfills various needs […]

  • It’s Time for Citi to Cut Ties with Genocide

    It’s Time for Citi to Cut Ties with Genocide

    The U.S. arms and supports Israel’s genocide and one of its largest banks, Citibank, plays a key role. Our latest visual in partnership with the Banking on Solidarity campaign illustrates how Citi helps arm Israel, finances weapons companies that make the weapons Israel uses in Gaza, and invests in the Israeli financial and tech sectors. […]

  • Why Are U.S.-imposed Problems the Main Headwind China Faces?

    In 2023, China achieved a strong 5.2 percent GDP growth rate, leading major global economies and driving worldwide economic growth, despite facing a complex and severe economic landscape. Yet, what challenges lie ahead for China’s enduring economic growth? In the special edition of The Hub, Wang Guan talks to Jeffrey Sachs, professor and director of […]

  • The Washington Post Bashes Xi Jinping

    In the age of disinformation and artificial information, Jeff Bezos’ Washington Post (WaPo) manages to have some credibility. After its February 22 editorial, “Mr. Xi is tanking China’s economy,” Jeff Bezos would be wise to sell the newspaper. If those who lead the Editorial Board make childish mistakes and recite obvious falsehoods, can anyone believe […]

  • Farmers’ Protest in India Reignites: A Struggle for the Future of Food and Agriculture

    In 2021, after a year-long protest, India’s farmers brought about the repeal of three farm laws that were intended to ‘liberalise’ the agriculture sector. Now, in 2024, farmers are again protesting. The underlying issues and the facilitation of the neoliberal corporatisation of farming that sparked the previous protest remain and have not been resolved. The […]

  • Americans Deserve Fairer Social Security Taxes

    Social Security has been a financial rock for seniors ever since benefits first began flowing in 1940. For decades though, for those above an income threshold, pieces of that rock have been chiseled away: a 1983 law makes up to 50 percent of benefits subject to federal income taxes. Levying a tax on benefits was […]

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