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Russian Economy Growing Faster than Main Western Rivals – Putin
© Sputnik/Evgeny Biyatov The Russian economy keeps growing and has already become the largest in Europe and the fifth largest in the world in terms of purchasing power parity (PPP), President Vladimir Putin said while speaking at the ‘Everything for Victory’ forum in the city of Tula on Friday. PPP is a metric popular with […]
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Transnational Corporations Provoke a Single Scream of Horror that Runs through the Vertebrae of the World
Quentin Matsys (The Netherlands), The Tax Collectors, c. 1525–1530. Within the United Nations, there is a little-known debate about the status of global tax regulation. In August 2023, UN Secretary-General António Guterres released a draft document called ‘Promotion of Inclusive and Effective International Tax Cooperation at the United Nations’. This document comes out of a […]
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Taxes in America Are Unfair to Most Americans
For decades, time and again, America’s tax code has been twisted and tweaked to give tax breaks to the top and crumbs (or nothing) to the tens of millions on the bottom and in the middle. Levels of wealth and inequality have become so gross that experts are clamoring for change, painting unflattering portraits of […]
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Backlash Looms as US Ignores Dutch Interests to Hinder China
Illustration: Chen Xia/GT The US doesn’t seem to be hesitant for a second to sacrifice its allies so as to contain China. The tightening chip export restrictions show that it is willing to do whatever it takes to hinder China’s technological development. But that doesn’t mean its allies will unconditionally follow such an extreme approach […]
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How the International Monetary Fund Continues to Shrink the Poorer Nations
From 9 to 15 October, the International Monetary Fund and the World Bank held their annual joint meeting in Marrakech (Morocco). The last time that these two Bretton Woods institutions met on African soil was in 1973, when the IMF-World Bank meeting was held in Nairobi (Kenya). Kenya’s then President Jomo Kenyatta (1897–1978) urged those […]
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The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World
Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny – but gets little to no […]
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We Have Here, in Africa, Everything Necessary to Become a Powerful, Modern, and Industrialised Continent
Wu Fang (China), 行走 (‘Journey’), 2017. In his 1963 book, Africa Must Unite, Kwame Nkrumah, Ghana’s first president, wrote, ‘We have here, in Africa, everything necessary to become a powerful, modern, industrialised continent. United Nations investigators have recently shown that Africa, far from having inadequate resources, is probably better equipped for industrialisation than almost any […]
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Government Debt is Not the Problem
Polarization of the American public reflects the polarization of its political Parties, both of whom strive for ascendancy by demeaning, contradicting, and formulating proposals to wrong the other; each Party wrongs itself and the American public. The recent and periodic arguments concerning the proposed federal budget, an entrance for initiating threats to “close the government,” […]
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On 1 January 2024, the World’s Centre of Gravity Will Shift
Abdel Hadi el-Gazzar (Egypt), The Popular Chorus or Food or Comrades on the Theatre of Life, 1948 (post-dated 1951). On the last day of the BRICS summit in Johannesburg, South Africa, the five founding states (Brazil, Russia, India, China, and South Africa) welcomed six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United […]
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