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The World Bank has added its voice to those warning of a worsening outlook for the global economy this year, amid signs that some major economies could experience a recession. In its Global Economic Prospects report issued last week, entitled “Darkening Skies,” it stated that “storm clouds are brewing for the global economy” and contrasted the situation with that of a year[Read More…]
The growth rate of the Chinese economy has fallen to its lowest level since the beginning of 2009 in the immediate aftermath of the global financial crisis. Official figures released at the end of last week put the annual growth rate for the third quarter at 6.5 per cent. This was below market expectations of 6.6 percent and down from[Read More…]
The Trump administration has stepped up its trade war against China with the announcement that US Trade Representative, Robert Lighthizer, will begin an investigation with a view to putting a 10 percent tariff of $200 billion worth of Chinese goods by the end of August. The latest decision comes on top of the imposition of a 25 percent tariff on[Read More…]
The Trump administration has gone ahead with its threat to impose tariffs on China under section 301 of the 1974 US Trade Act, imposing levies on $34 billion worth of Chinese goods from midnight, with a further $16 billion to be targeted in the near future. The action is the first shot in a direct trade war against China, with[Read More…]
Former trade union boss Cyril Ramaphosa has been sworn in as president of South Africa following an intense battle within the ruling African National Congress (ANC) which led to the ousting of Jacob Zuma who had held the presidency since 2009. The move against Zuma was set in motion last December when Ramaphosa won a closely fought struggle within the[Read More…]
According to the official scenario, the world economy is enjoying its best period of growth since the global financial crisis of 2008-2009, which ushered in the worst recession since the Great Depression of the 1930s. According to a report issued by the Organisation for Economic Cooperation and Development last month: “The global economy is now growing at its fastest pace[Read More…]
A warning by the governor of the People’s Bank of China, Zhou Xiaochuan, that the country’s financial system faces a possible “Minsky moment” has again raised concerns over the level of the country’s debt. Zhou, who is expected to retire soon from his position as head of the central bank, made his remarks at a sideline meeting during the Chinese[Read More…]
Eight years after the eruption of the global financial crisis, the conditions are being created for another meltdown of even bigger proportions, amid rising geo-political and economic tensions between the major capitalist powers. This is the implication of three reports issued by the International Monetary Fund in preparation for its annual meeting, which begins in Washington today. The World Economic[Read More…]
Condemn Corporate Violence And State Violence In Lanjigarh 
Chelsea Manning and the New Inquisition 
Worldwide school strike, 15 March, 2019: Largest Climate Action In History Neglected By The Media 
When the Going gets Tough, Women get Going. “MIddle Ages 2.0” and the Great Transformation Awaiting us 
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BJP in power is always favourable to Pakistan and vice-versa 
Anti-Semiticism And “The Israel Project” 
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Shadow Wars – The Secret Struggle for the Middle East 
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The Huntington Thesis:The Dogma Of The Far-Right And The Ideology Of White Supremacist Terror 
Venezuela: Westerners have lost the ability to reason! (PART 2) 
The Mirwaiz Kashmir Institution: Its importance as Socio-Religious Organization 
Mr Arun Jaitley, It Was Not Nehru or China But RSS/BJP Government Which Gifted Terrorist Azhar Masood 
Appeal to non-BJP opposition Parties Regarding 2019 Elections 
Venezuela: US Imperialism Is Based On Lies And Threats 
Venezuela under Threat of U.S. Aggression 
Saving the Planet One Child at a Time: Children, School Strikes and Global Climate Action 
Tracing The Con(Tours) Of The Inverted Narratives That Bedevil ‘The West’ 
Netanyahu-Modi: Similarities in Ideologies and Election Strategies 
It’s exam time in India. A time of deep tension for students and parents. All that you’ve learnt in a year will have to reproduced in a two hour written exam and the student will be assessed by what she has written in those two hours. If you fail to answer a few questions you’ll be at a loss and[Read More…]
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