First posted March 30, 2019 Series: 1944-2019, 75 years of interference from the World Bank and the IMF (Part 1) In 2019, the World Bank (WB) and the IMF will be 75 years old. These two international financial institutions (IFI), founded in 1944, are dominated by the USA and a few allied major powers who… Read More Eric Toussaint: Concerning the founding of the Bretton Woods’ Institutions
A disclaimer is in order before I venture into the rest of this piece. These days, any hack of standing has to begin with a disclaimer to show that he is someone to be reckoned with, that his background is of interest to his readers, that he is pure as the driven snow, and that… Read More Avay Shukla: Of puppets, surrogates and the real Mccoy : a ‘crash’ course on the Indian stock market
J Jagannath US short seller Hindenburg Research fired another salvo at Adani Group and it involves Vinod Adani, the elder brother of Gautam Adani. “Forbes is out with a major article evidencing hidden Adani promoter pledges: A private Vinod Adani-controlled Singaporean entity pledged Adani promoter stakes for $240m in loans from a Russian bank. Zero disclosure of these… Read More Hindenburg alleges Gautam Adani’s brother pledged Adani Group promoter stakes for $240-mn loans from Russian bank
Madeleine de Trenqualye Naomi Klein published her first book on the climate crisis, This Changes Everything, almost a decade ago. She was one of the organisers and authors of Canada’s Leap manifesto, a blueprint for a rapid and justice-based transition off fossil fuels. In 2021, she joined the University of British Columbia as professor of… Read More ‘It’s inequality that kills’: Naomi Klein on the future of climate justice
Oxfam India’s latest report revealed that 84 percent of the country suffered a decline in wealth in 2022, even as the number of billionaires grew from 102 to 142. The report notes reduced state investment in public education and healthcare, along with an increased reliance on indirect rather than corporate taxes to raise revenue. In their 2013 book, JEAN DRÈZE and AMARTYA SEN analyze… Read More INDIAN INEQUALITY
(the) planet’s billionaires have collectively “earned” (and yes, that’s in quotation marks for obvious reasons) $2.7 billion every one of the last 730 days. Meanwhile, in 2021 alone, at least 115 million people fell into “extreme poverty,” with billions more hanging on by a thread. By 2030, Oxfam reports, the world could be facing the “largest setback in addressing global… Read More Poverty Amid Plenty
Bharat Bhushan If Adani was allegedly just another rogue businessman, a discussion in the Parliament and the institution of a transparent inquiry into allegations of market manipulation should have been the order of the day. However, the demand for an enquiry was stamped down in Parliament by the power of the presiding officers last week.… Read More Censoring debate in Parliament will not help the government
10 Feb 2023 #ravishkumar Watch the above titled video on YouTube Join this channel to get access to perks: https://www.youtube.com/channel/UC0yX… #ravishkumar #adani #modi #rahulgandhi #harvard #stanford #america #university #research #usa #ravishkumarofficial #bjp #congress #parliament #latestnews #news #sharemarket #stockmarket #stockmarketnews #sharemarketnews #speech #godimedia #bbcdocumentary #bbc
4 Feb 2023 It is natural to expect that if the original goal of improving de jure central bank independence were to reduce political interference, de jure independence should be negatively correlated with politically motivated appointments. Therefore, if the stated goal is to make the central bank more politically independent, then we should expect less… Read More Central banks: How independent are they?
Paul Nowak, the general secretary of the TUC, said hard-pressed families were being treated like “cash machines” and would “rightly feel furious”. Calling for higher windfall taxes on oil and gas companies, he added: “As millions struggle to heat their homes and put food on the table, BP are laughing all the way to the… Read More British Petroleum scales back climate goals as profits more than double to £23bn
After the truth-shower 