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How corporate profits are driving inflation, not workers' wages
Rising corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for wages, according to resear…
3 years ago
Europe is becoming ‘vassal’ of US, EU-funded think tank warns
The elite European Council on Foreign Relations, which is funded by many Western governments, warned that the EU is becoming a "vassal" of the United…
3 years ago
A new Third World debt crisis? The need for system change
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the growing debt crisis in the Global South and the need for forgiveness…
3 years ago
US Congress plots to save dollar dominance amid global de-dollarization rebellion
The US Congress held a hearing titled "Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency", while countries around …
3 years ago
Did the debt ceiling deal really save the US from bankruptcy?
Economists Radhika Desai and Michael Roberts discuss the US debt ceiling deal reached by President Joe Biden and the Republican opposition, and what …
3 years ago
Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS
Ben Norton discusses the rise and fall of US-led neocolonial financial order, from the 1944 Bretton Woods conference that established the US dollar a…
3 years ago
Trump boasts he wanted to take Venezuela's oil after overthrowing its government
Former US President Donald Trump boasted at a campaign rally, "When I left, Venezuela was ready to collapse. We would have taken it over; we would ha…
3 years, 1 month ago
Debunked: Media falsely claims China is building spy base in Cuba
Major media outlets have claimed China is building a secret station in Cuba to spy on the US, citing anonymous intelligence officials. But the Pentag…
3 years, 1 month ago
How the BRICS Bank is resisting US financial domination
The BRICS bloc’s New Development Bank (NDB), an alternative to the US-dominated World Bank, is de-dollarizing its loans, promoting local currencies, …
3 years, 1 month ago
BRICS is adding members, planning new currency to challenge US dollar
Foreign ministers from BRICS (Brazil, Russia, India, China, and South Africa) met to discuss expanding the Global South-led bloc and creating a new g…
3 years, 1 month ago