Depuis près de dix ans, des organisations pointent du doigt les banques qui soutiennent les industries du pétrole, du gaz et du charbon. Source : Truthout, Derek SeidmanTraduit par les lecteurs du site Les-Crises Dans le cadre des efforts déployés par le mouvement climatique pour mettre un terme au financement de l’industrie des combustibles fossiles, […]
When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research Network found that nearly 200 mid-sized U.S. banks were similarly vulnerable to bank runs. First Republic Bank went into receivership in May, but the feared contagion of runs did not otherwise occur. […]
Welcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (8/7/23). As always, take the information discussed in the video below and research it for yourself, and come to your own conclusions. Anyone telling you what the truth Read More...
On Tuesday, Fitch Ratings, one of the leading three US credit rating agencies, announced: US’ long-term foreign-currency issuer defaulting rating would be downgraded. Among other factors pushing this downgrading, Fitch cited issues with governance, rising deficits and a looming recession. Fitch, on an earlier occasion, put the US on watch for a potential downgrade. At […]
Orientation How long has capitalism existed? Has it always been with us all the way back to tribal societies or is it a product of the modern age? Is there any pattern to its evolution? Is it cyclic, spiral-like or random? What is the nature of capitalist crises? Why does capitalism grow flush in certain […]
Despite a media blackout by the American media, the Summit for a New Global Financing Pact brought more than 50 world leaders to Paris for a meeting which is sure to have far reaching consequences for the world. On June 22 and 23, President Emmanuel Macron welcomed 50 heads of state, representatives of NGOs and Read More...
by Pepe Escobar, The Cradle: The 23rd summit of the heads of state of the Shanghai Cooperation Organization (SCO), held virtually in New Delhi, represented History in the making: three BRICS (Russia, India, China), plus Pakistan and four Central Asian “stans” (Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan), finally and formally, welcomed the Islamic Republic of Iran […]
As guilt mounts over humanity’s inaction in the face of the climate crisis, industrialized capitalists have adapted their tactics to meet the demands of a more environmentally conscious market; by selling the image of sustainability! Touted as the green transportation of the future, demand has exploded for electric cars. This has, in turn, increased the […]
Les grands gestionnaires d’actifs comme BlackRock et Vanguard deviennent de plus en plus, mais imperceptiblement, propriétaires d’un nombre croissant d’aspects de notre vie, du logement aux routes, ou aux infrastructures énergétiques. Source : Jacobin, Cal Turner, Sara Van Horn, Brett ChristophersTraduit par les lecteurs du site Les-Crises Entretien avec Brett Christophers Interview par Cal Turner […]
Photo by Mika Baumeister on Unsplash A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis has again brought into focus the […]
