So for a change, it seems that the consensus will be proven right and the world economy will see a sharp drop in real GDP growth with many major economies going into recession – with all the dire consequences for the living standards of the many. After ‘the cost of living crisis’ will come the crisis of living.
The United States government held the US-Africa Leaders Summit in mid-December, prompted in large part by its fears about Chinese and Russian influence on the African continent. Rather than routine diplomacy, Washington’s approach in the summit was guided by its broader New Cold War agenda, in which a growing focus of the US has been to disrupt relations that African nations hold with China and Russia.
Arianto Sangadji traces the relationship between the state and mining capital in Indonesia throughout the historical capitalist development of the country from Dutch colonialism to the contemporary practices of multinational mining corporations. While these powerful firms have generated significant profits, they are also associated with dispossession, environmental degradation, and ruthless labor exploitation, spurring resistance from the local populations.
At long last, these publications have acknowledged that the material published by Assange was of vital public interest and importance, noting that what he released “disclosed corruption, diplomatic scandals and spy affairs on an international scale” and “decisions that cost the country most heavily in lives and money.”
Ontario’s strong mayor reforms are a direct response to institutional resistance to neoliberal reforms. Rather than understanding thhem as a fringe, right-wing scheme, then, they should be grasped as consistent with neoliberalism’s inner logic, and part of a ruling class effort to insulate neoliberal policies from democratic interference.
Ottawa’s response to the ouster of left-wing Peruvian President Pedro Castillo last week matches its reaction to similar crises throughout Latin America, in which the right-wing earns Canada’s complete support and progressive forces, be they political leaders or popular social movements, are either demonized or ignored.
The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning.
This Wednesday was a particularly complicated day in Peru. In a few hours the ultra-right partially achieved its goal: to overthrow the government of Pedro Castillo and open the way to a new scenario in national life, in which it can preserve its privileges and recover its positions of power, in some way questioned by the regime established as of July 28 last year.
A report from George Washington University reveals that the Canadian Armed Forces trained a far-right Ukrainian group. Despite corroboration by its own internal documents, the Canadian military is calling the report “Russian disinformation.”
Indonesia’s Parliament unanimously passed a long-expected revision of the country’s penal code on Tuesday that criminalizes sex outside of marriage for citizens as well as foreigners, prohibits promotion of contraception, forbids progressive political thought, and bans defamation of the president and state institutions.
At least five dead. More than two dozen others injured. The LGBTQ community again shattered. The mass shooting at Club Q in Colorado Springs late Saturday night has echoes of the June 2016 Pulse nightclub attack in Orlando, where 49 people were murdered.