The real crisis is not the influx of refugees to Europe, per se, but a toxic combination of destabilising foreign policy agendas, economic austerity and the rise of right-wing nationalism, which is likely to push the world further into social and political chaos in the months ahead.
Critics have long questioned why violent intervention was necessary in Libya. Hillary Clinton’s recently published emails confirm that it was less about protecting the people from a dictator than about money, banking, and preventing African economic sovereignty.
Money Managers for Mankind? China in the Age of Global Governance, Part III
By: Andrew Gavin Marshall
3 March 2016
Originally posted at Occupy.com on 9 February 2016
“Hide Your Brightness, Bide Your Time”: China in the Age of Global Governance, Part II
By: Andrew Gavin Marshall
3 March 2016
Originally posted at Occupy.com on 2 February 2016
Meet the “Emerging Market” Superstars of Global Economic Governance, Part II
Meet the “Emerging Market” Superstars of Global Economic Governance, Part I
In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding.
The bill was a start. But some experts, including Congressional candidate Tim Canova, say Congress should go further and authorize funds to be issued for infrastructure directly.
If aggression against another foreign country means that it strains its social structure, that it ruins its finances, that is has to give up its territory for sheltering refugees, what is the difference between that kind of aggression and the other type, the more classical type, when someone declares war, or something of that sort.
— Sawer Sen, India’s Ambassador to the UN
Mark Weisbrot, a co-director with Dean Baker of the Center for Economic and Policy Research (CEPR), has written an enlightening book that pulls together many of the analyses that CEPR has been producing over the past several decades.
Lagarde hinted that the crisis could spread more broadly across the financial system, suggesting that emerging market and energy sector companies defaulting on their payments could “infect” banks and state treasuries.
The post IMF head warns of slow growth and economic “shocks” in 2016 appeared first on BSNEWS.
