Global Economy

America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country. One of the most likely sources of billionaire wealth is through tax evasion in all of its guises and forms.
62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, this share of wealth by half of the world’s people has collapsed by over 40% in the last five years.
Behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a financial Tsunami that is more influenced by independent Fed actions than by anything that the White House has done since January 2017.
The U.S. dollar is tied up with the market for interest rate derivatives, currently valued at over $500 trillion. As analyst Rob Kirby explains, the economy would crash if interest rates went negative. The derivatives market would go down like a stack of dominoes and take the U.S. economy with it.
US Official Delivers Trump’s Threatening Message to Sri Lankan President By K. Ratnayake, January 21, 2020
Africa: For-profit Investments Are Not ‘Development’ By Dan Carden, January 20, 2020
The Truth About the Trump Economy By Joseph E. Stiglitz, January 20, 2020
NAFTA 1.0: Was It a “Legal Agreement”? One of Its Signatories Linked to Organized Crime. And What About NAFTA 2.0? By Prof Michel Chossudovsky, January 19, 2020
Remarks on the US/China “Trade Deal” By Dr. Paul Craig Roberts, January 19, 2020
France’s Popular Uprising: Revolution or Frozen Conflict? By Diana Johnstone, January 19, 2020
The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip By Ryan McMaken, January 17, 2020
The Market in this New Decade By Bryant Brown, January 17, 2020
Trump’s Feeble Phase 1 China-US Trade Deal By Dr. Jack Rasmus, January 17, 2020
Battle of the Ages to Stop Eurasian Integration By Pepe Escobar, January 17, 2020
The Cannabis Industry’s Dirty Energy Secret By James Burgess, January 16, 2020
China’s Growing Economic Miracle… Cracks and Bubbles?! Realties of China’s Banking and Finance By Brett Redmayne-Titley, January 16, 2020
Trade War
The China-US Phase One Trade Deal: Deep Seated Crisis Unresolved By Stephen Lendman, January 16, 2020
Persian Peril: The Assassination of Qasem Soleimani and the Prospect of War with Iran By Michael Welch, Glenn Michalchuk, and Pepe Escobar, January 15, 2020
‘Phase One’ of the US-Chinese Trade Deal Is Bad News for India By Andrew Korybko, January 15, 2020
Unintended Consequences: Did Trump Just Give the Middle East to China and Russia? By F. William Engdahl, January 15, 2020
Brazil: From Lula to Bolsonaro By Eric Toussaint, January 15, 2020
The World Must End the US’ Illegal Economic War. Sanctions Imposed on 39 Countries By Kevin Zeese and Margaret Flowers, January 14, 2020
Argentina: Facing Another Debt Crisis By Eric Toussaint and Renaud Vivien, January 14, 2020
The Cost of Brexit – £200 bn in ‘Collateral Damage’ and Counting By True Publica, January 14, 2020
The Federal Reserve Protects Gamblers at the Expense of the Real Economy. “Helicopter Money” – The Only Way Out? By Ellen Brown, January 13, 2020
Will Boeing Survive as a Civilian Aircraft Maker in 2020? By Marshall Auerback, January 13, 2020
The US-China Power Struggle, Two Decades of CIA Interference in Tibet By Shane Quinn, January 12, 2020
The Fed Protects Gamblers at the Expense of the Economy. “Helicopter Money” By Global Research News, January 11, 2020
First Blow for Post-Brexit Britain as Australia Rejects Trade Deal By Jack Peat, January 10, 2020
Capitalism and the Gut-Wrenching Hijack of India By Colin Todhunter, January 09, 2020
The Gulf Monarchies Intervention in The Horn of Africa: Devastating Impact on Somalia By Dr. Bischara A. Egal, January 06, 2020
Neoliberalism and the Killing for Profit in Iraq By Bulent Gokay and Lily Hamourtziadou, January 04, 2020
“Invisible Balance of Power”. The Phenomenon of Terrorism, The “War on Terrorism” By Ian Greenhalgh, January 04, 2020
2020 Might be Challenging for Ethiopia, But It Can Count on China’s Help By Andrew Korybko, January 03, 2020
Old Money and New Questions in AMLO’s Mexico By Asad Ismi, January 03, 2020
The Great GOP Tax Cut Heist Two Years Later By Stephen Lendman, December 31, 2019
The External Costs of Human Activity Are Killing the Planet By Dr. Paul Craig Roberts, December 30, 2019
2020: The Year of the Oil Bankruptcies By Alex Kimani, December 30, 2019
Nestlé and the Privatization of Water: A Tale of Many Cities By Franklin Frederick, December 30, 2019
Fat Cats Private Club
Global War on Humanity: America’s Unceasing Pursuit of Hegemony By Prof Michel Chossudovsky and Michael Welch, December 29, 2019
The Russia-Ukraine Gas Deal Took the World by Surprise. New Detente? By Andrew Korybko, December 26, 2019
Nord Stream 2, US Sanctions and Trump’s “Economic Suicide”? By Peter Koenig, December 26, 2019
China’s Huawei Continues to Move Around US Sanctions By Ulson Gunnar, December 26, 2019
The Crimean Rail Bridge Will Contribute to the Peninsula’s Economic Rejuvenation By Andrew Korybko, December 26, 2019
Fast Food Nations and Global Nutrition By Colin Todhunter, December 26, 2019
“Doughnut Economics”: Seven Ways to Think Like a 21st-Century Economist By Bryant Brown, December 20, 2019
Neoliberal Economics Has Destroyed the U.S. Economy and America’s Middle Class By Dr. Paul Craig Roberts, December 17, 2019
Cruising Pamir Highway, the Heart of the Heartland. The New Silk Roads and Greater Eurasia By Pepe Escobar, December 17, 2019
Video: Syria’s President Assad Discusses Syria’s Reconstruction, China’s “Belt and Road” and US Aggression By Bashar al Assad, Phoenix Television, and Miri Wood, December 17, 2019
The Real Interest of the U.S. in Latin America and the Caribbean. Preserve Imperialism By Enrique Moreno Gimeranez, December 17, 2019
Maduro Causes a Stir with About-Face on Dollarisation By Clodovaldo Hernández, December 16, 2019
Pamir Highway: The Road on the Roof of the World By Pepe Escobar, December 16, 2019
China’s YiWu: Business Models You’ve Never Even Heard of By Larry Romanoff, December 15, 2019
The Pentagon’s Map of Afghanistan: An Eldorado of Mineral Wealth and Natural Resources By Nikolai Malishevski, December 15, 2019
China-US “Phase One” Trade Deal: The Devil in the Unannounced Details and Implementation By Stephen Lendman, December 14, 2019
NAFTA
NAFTA 2.0: Revising the 1994 Agreement By Stephen Lendman, December 14, 2019
Washington’s Proposed New Sanctions Against Turkey also Aimed Against Russia By Paul Antonopoulos, December 13, 2019
Trade War
Temporary Ceasefire? China and US Agree on Phase One Trade Deal? By Stephen Lendman, December 13, 2019
Deutsche Bank Breaks Down How Tomorrow’s Election Will Impact UK Markets By Zero Hedge, December 12, 2019
“Booming” US Economy Means More Bad Jobs and Faster Race to the Bottom By Glen Ford, December 12, 2019
From Shanghai to Chongqing: The World’s Most Expensive Railway By Larry Romanoff, December 11, 2019
Trump-Pelosi Trade Maneuvers: The New NAFTA 2.0, China Tariffs, and Brazil-Argentina Steel By Dr. Jack Rasmus, December 11, 2019
US Lobbyists Prepare to Seize “Historic Opportunity” in Tory-led Brexit to Shred Consumer Safeguards, Raise Drug Prices By Lee Fang, December 11, 2019
U.S.-Mexico-Canada Agreement—Weak Tea, at Best By Thea M. Lee and Robert Scott, December 11, 2019
U.S. Efforts to Force Iran Out of European Energy Markets Has Failed By Paul Antonopoulos, December 10, 2019
China Just Opened “the Suez Canal of Our Era”: China’s Eurasian Rail “Middle Corridor” By Geoffrey Aronson, December 10, 2019
Power of Siberia: Putin and the ‘Biden Memorial Pipeline’ to China By F. William Engdahl, December 08, 2019
CPEC and Pakistan’s “Pivot To Africa” By Andrew Korybko, December 07, 2019
New Silk Roads in Action at China-Kazakh Border By Pepe Escobar, December 05, 2019
China’s High-Speed Trains By Larry Romanoff, December 05, 2019
Global Warming and the Ozone Layer: What’s More Dangerous, CO2 or Nuclear War? By Prof Michel Chossudovsky, December 05, 2019
Russia-China Cooperation, The Power of Siberia Project, Strategic Gas Pipelines By Arabi Souri, December 04, 2019
Bilateral Trade Relations Between Iran and EU Suffer Under Harsh US Sanctions By Sarah Abed, December 03, 2019
Pakistan’s Foreign Relations and the China-Pakistan Economic Corridor (CPEC) By Andrew Korybko, December 02, 2019
Six European Nations Join Worthless INSTEX’s Trade Mechanism with Iran By Stephen Lendman, December 01, 2019
Ukraine: Land Privatization Demanded by IMF, Links to Biden Graft Scandal. Engineered Bankruptcy of National Economy By Dmitriy Kovalevich, November 30, 2019
Andrew Jackson
Growing Concerns Over Stability of the International Monetary System By Nick Beams, November 28, 2019
US
The Next American Revolution? Anticipated Civil Unrest By Larry Romanoff, November 27, 2019
A New Pipeline Could Undo America’s Influence in Asia By Simon Watkins, November 27, 2019
Iran’s Barter Trade Deals with China, By-Passing the US-Dollar, “Dedollarizing” Her Economy By Peter Koenig, November 27, 2019
Only Western Loans to Developing Countries are Allowed. US State Department Official By Andrew Korybko, November 26, 2019
The Road Toward Greater Eurasia By Pepe Escobar, November 26, 2019
Could Russia’s “Floating Nuclear Power Plants” Change the World Economy? By F. William Engdahl, November 26, 2019
China Is Building a Community with a Shared Future for Mankind By Peter Koenig, November 25, 2019