Crisis

The Dollar Standard Slipping Out of Control?

As commentators focus on the hospitalisations of two Gulf monarchs, and permutate likely succession issues, they may miss the wood for the succession trees: Of course, the death of either the Emir of Kuwait (91 years old) or King Salman of Saudi Arabia (84 years old) is a serious political matter. King Salman’s particularly has the potential to upturn the region (or not). Yet Gulf stability today rests less on who succeeds, but rather on tectonic shifts in geo-finance and politics that are just becoming visible.

IMF Talks Collapse in Lebanon. Here’s Why That’s a Good Thing as the Last Thing Lebanon Needs Right Now Is Money

Talks between IMF officials and politicians broke down recently when it transpired that the latter wanted a ‘brown envelope’ in any aid deal. Don’t blame the politicians though. It’s all they know and it was, after all, the UN who showed them the way. But can the UN in Lebanon actually feed the Lebanese?

Shutdowns for Small Business, Windfall Profits for Megacorporations

Restrictions meant to limit coronavirus spread have hit Main Street hard, and left big business booming.
Curtis ELLIS
Corporate media and critics of President Trump—the same thing, actually—debate whether “re-opening the economy too soon caused the virus to rage out of control.” While there is ample evidence the virus is not raging out of control, there is even more evidence “the economy” did not shut down.