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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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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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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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BRICS: A New World Economic and Trading Force?
Peter Koenig (PressTV Interview – Transcript 23 August 2023 Background The BRICS (Brazil, Russia, India, China and South Africa) are holding arguably one of their most important Summits from 22 to 24 August 2023 in Johannesburg, South Africa. Several new countries – up to 40 it is said, including Iran – would like to join […]
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The BRICS Have Changed the Balance of Forces, but They Will Not by Themselves Change the World
Mao Xuhui (China), ’92 Paternalism, 1992 In 2003, high officials from Brazil, India, and South Africa met in Mexico to discuss their mutual interests in the trade of pharmaceutical drugs. India was and is one of the world’s largest producers of various drugs, including those used to treat HIV-AIDS; Brazil and South Africa were both […]
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Can Poorer Nations Break the Cycle of Dependency That Has Inflicted Grief for a Hundred Years?
In late July, I visited two settlements of the Landless Rural Workers (MST) on the outskirts of São Paulo (Brazil). Both settlements are named for brave women, the Brazilian lawmaker Marielle Franco – who was assassinated in 2018 – and Irmã Alberta – an Italian Catholic nun who died in 2018. The lands where the […]
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The Group of Seven Should Finally Be Shut Down
Leon Golub (USA), Vietnam II, 1973. During the May 2023 Group of Seven (G7) summit, the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States visited the Hiroshima Peace Memorial Museum, near where the meeting was held. Not doing so would have been an act of immense discourtesy. Despite many […]
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