Nafeez Ahmed

Ex-World Bank chief economist exposes “failure” of austerity, deregulation

Joseph Stiglitz, a senior OECD expert, slams OECD’s own policies to prevent global slowdown. In a little-known speech at the United Nations University, renowned Nobel Prize-winning economist Joseph Stiglitz criticised Western approaches to addressing the global economic crisis for being obsessed with market solutions that cannot work. His remarks were made just two months before the Organisation for Economic Cooperation […]

Ahrar al-Sham’s apocalyptic vision for Syria and beyond

When asked how the post-Assad regime would be selected, Aboud endorsed anything other than democracy: “The method of selecting a ruler varies in the Islamic state. There are those like today’s monarchies, for example, where the king appoints his successor, and also there are those where leaders are selected by senior nobles and wise men, and there are those consulted by citizens. All these methods are legitimate and nothing is wrong with them.”

Why Is the U.S. Refusing an Independent Investigation If Its Hospital Airstrike Was an “Accident”?

An independent, impartial investigation into what happened here should be something everyone can immediately agree is necessary. But at its daily press briefing on Monday, the U.S. State Department, through its spokesperson Mark Toner, insisted that no such independent investigation was needed on the ground that the U.S. government is already investigating itself and everyone knows how trustworthy and reliable this process is.

The collapse of Saudi Arabia is inevitable

But Saudi Arabia’s spare capacity to pump like crazy can only last so long. A new peer-reviewed study in the Journal of Petroleum Science and Engineering anticipates that Saudi Arabia will experience a peak in its oil production, followed by inexorable decline, in 2028 – that’s just 13 years away.
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EU banking chiefs are repressing their own workers to save the 1%

“Neither national nor European worker protection laws apply to the ECB, because it is not part of any nation. Nor is it a European state,” said an ECB staffer. “So basically, the Governing Council of the ECB has complete freedom to define any rules or laws for its employees that it wishes, with no democratic oversight and no worker representation.”
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Indian anti-corruption official: state “orchestrated” Islamist terror

The verdict, outlined in the CBI’s 2013 chargesheet, stated that the police attacks were carried out in cold blood, and “staged” by Gujarat police and the government’s Intelligence Bureau (IB):
“The above said fake encounter was a result of Joint operation of Gujarat Police and SIB [State Intelligence Bureau], Ahmedabad. In this operation the overt acts committed by the accused Gujarat Police officers have been established by the evidence on record.”

Pentagon prepares for century of climate emergencies and oil wars

Two research documents published in recent months by the US Army reveal the military establishment’s latest thinking in startlingly frank terms. The research not only lends credence to environmental warnings about how climate change will fuel political instability, but also vindicates concerns about how looming resource shortages could destabilize the global economy.