The elevation the Chinese renminbi (also known as the yuan) to the basket of global currencies making up the International Monetary Fund’s special drawing rights…
International Monetary Fund
In spite of the fierce opposition of the US treasury Department, on November 30 the IMF finally approved the inclusion of the yuan in the…
Climate News Network, 2 December, 2015 – Two American security experts say the Asia-Pacific region needs massive international aid to tackle its greatest problem −…
Jack Rasmus undertakes the first of a two part deep examination of the terms and conditions of the actual TPP agreement recently concluded. The origins…
A review of three just released reports that indicate the US and global economy is in much worst shape than the hype flowing from political…
Despite the fact that the manufacturers of ideas have elevated economics to the (contradictory) levels of both a science and a religion, a market theodicy,…
The Delphi Initiative of Greece issued yesterday the following statement under the title Tsipras – Kammenos Surrender Greece: The Greek Left is a political force,…
Jack examines the big swing in the revised GDP figures for the 2nd quarter, and raises questions about the US Government’s ability to adjust for…
After the devaluation of the yuan, the international financial markets started trembling. Washington accused Beijing of taking advantage of the market. As China wants to…
Following is a transcript of a recent interview with independent journalist James Corbett, where we discussed BRICS, the popular view that the organization is a resistance…
Why does this matter? First because it makes no sense to sell off valuable assets in the middle of Europe’s worst depression in 70 years.…
Today we have slammed the conditions imposed on Greece as part of its latest ‘bailout’ package. Campaigners say the programme is not simply misguided, but…