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Economy In The News

Can BRICS+ Truly Reform The Global South? A Skeptical View From India

Some 17 years since its founding, BRICS+ (now including Egypt, Ethiopia, Iran, the UAE and Indonesia — beyond founding members Brazil, Russia, India, China and South Africa) continues to struggle with delivering on its promise to reform global governance and represent the Global South.

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Geopolitics Ideas Israel-Palestine War

How Iran And Hezbollah Are Quietly Doing Everything To Avoid Escalation With Israel

For two decades Hezbollah chief Hassan Nasrallah spoke about destroying Israel, but in recent speeches, he’s just demanding it pull out of Gaza. It’s one more sign that its patrons in Tehran have made a calculation to try to salvage a status quo in the region.

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Geopolitics

Maduro Claims Victory — This Is How Venezuelan Democracy Died

Venezuela’s Bolivarian regime has been trampling on democracy, by degree, for 25 years while deftly managing international opinion to avoid too much backlash. Now, with Maduro defying fair elections, there may be no turning back.

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Eyes on the U.S. Geopolitics

Why Latin Americans Are Bracing For Another Whack Of Trump

The former U.S. president and Republican nominee Donald Trump is threatening to revive his choice policies of curbing immigration and trade, and nobody would suffer as a result quite as much as the hundreds of millions of Latin Americans who may be forced to turn toward China and the Global South.

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Geopolitics

The Foreign Policy Stakes Of French Elections Are Huge  — And Nobody Seems To Notice

In matters of foreign policy, whether the war in Ukraine or in Gaza, the rejection of extremes should appear as an obvious fact of reason and ethics. Unfortunately, this is not the case.

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Geopolitics

Cuba Is A Dictatorship, Latin American Left Doesn’t Seem To Care

Sympathizers of the Cuban communist regime tend to justify Cuba’s violence on protesters and present it as a victim of Western imperialism.

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Ideas

COVID-19 And The Fault Lines of India’s Unequal Society

The pandemic and the response to it threaten to exacerbate entrenched economic and social disparities.

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Ideas Society

Pope Francis: The Poor Offer Salvation For The Rest Of Us

A closer reading of the Pope’s recent treatise that challenges the way contemporary culture sees poverty in society.

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Economy Geopolitics Ideas

The Economics, Both Real And Imagined, Behind Latin America’s Unrest

Many people have had to tighten their purse strings in recent years. But that’s only part of what’s fueling frustrations in the region.

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In The News

Don’t Underestimate The Upside Of EU-Mercosur Trade Pact

The EU-Mercosur free trade agreement will likely force economies like those of Brazil and Argentina, to modernize and ditch the last vestiges of protectionism.

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In The News

How Ecology Could Be The Engine To Relaunch The Economy

Overproduction has become a blight not just to the planet, but to profitability itself. It’s time for economics to revise its idea of the cost-benefit relationship.

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In The News

Korean Comfort Women To U.S. Slavery, A Rising Call For Reparations

A rapid tour around the planet shows that some monetary compensation is increasingly seen as a way to try to right the wrongs of the past.

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Economy Future Ideas

GAFA Go Home: America’s Tech Giants Brought Down To Size

The digital behemoths Google, Apple, Facebook and Amazon have long sold dreamy ideals. In reality, their business models are very conventional. Their extraordinary power is founded solely on their digital leverage.

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Economy Ideas

When China Went To Davos: Those Chilly Winds Of Global Capitalism

-Analysis- Two years ago Chinese President Xi Jinping — in the wake of the twin election victories of Brexit and Donald Trump — arrived at the Davos World Economic Forum as the would-be savior of international free trade. “We should adapt to and guide globalization, cushion its negative impact, and deliver its benefits to all […]

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In The News

Venezuela, Any Tricks Left For Halting Hyperinflation?

Hyperinflation comes from ignoring some basic economic rules. That is unlikely to change any time soon under the Maduro government.

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Economy Geopolitics

Why The Asian Economy Can’t Escape Trump’s Bad Choices

TOKYO — Since Japan“s fiscal year starts in April each year, it is in May that the country’s major corporations announce their financial statements for 2017. Most top Japanese companies have had notably great results. The net profits of Toyota and Mitsubishi, for example, hit new all-time highs for their three and ten-year results respectively. […]

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Economy Ideas

Venezuela Is A Pariah State And Must Be Treated As Such

After last week’s sham election, the international community — starting with the nations of Latin America — need to isolate Maduro and encourage peaceful, democratic regime change.

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Economy Ideas

If Trump Kills NAFTA, ‘Modern Mexico’ May End Up Dead Too

For the ordinary Mexican, the free-trade agreement has been a chance to build a modern country based on the rule of law, and, above all, a ticket to economic development. Without it, Mexico could quickly slide backward.

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In The News

Sorry Davos, Xi Jinping Is Not Your Free Trade Savior

-OpEd- Is this China’s big moment? The World Economic Forum in Davos is welcoming Chinese president Xi Jinping as a special guest. It’s the first time a Chinese leader has attended the event. It marks a historic moment, not least because it comes just a few days before Donald Trump will be sworn in as […]

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Economy

Not Just Cars Anymore: New *Lease* On Life Now For All Kinds Of Stuff

PARIS – Baptiste Langlais shows off his new watch proudly. “In my sector, we like beautiful mechanics,” jokes the car salesman from the Paris region. His latest whim? An 8,500-euro Jaeger-LeCoultre wristwatch. “A big investment, especially these days,” he admits. But he has found a way to reconcile reason and passion. Launched a few months […]

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