Global Economy

The globalist Davos World Economic Forum is proclaiming the necessity of reaching a worldwide goal of “net zero carbon” by 2050. Yet transformations underway from Germany to the USA, are setting the stage for creation of what is called the New Word Order. In reality it is a blueprint for a global technocratic totalitarian corporativism, that promises huge unemployment, deindustrialization and economic collapse.
“Covid Tolerance Zero” has contributed to destabilizing Shanghai’s financial sector as well as China's buoyant export economy. It has created social havoc for millions of people. The Chinese Government has now acknowledged that is was based on fake science.
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.
For more than 12 years the WEF has pushed a corporate model in Africa, Latin America and Asia. The “big target” has been India, where resistance to corporate takeover of agriculture has been fierce ever since the failed 1960’s Green Revolution of the Rockefeller Foundation.
Saving the Earth or Saving Capitalism? The Inconvenient Truth Behind Today’s Youth Climate Campaigns By Michael Welch and Cory Morningstar, February 03, 2019
ISTEX: The New EU Financial Mechanism for Trade with Iran: Bypassing the Dollar? By Stephen Lendman, February 02, 2019
China-US Trade Negotiations Approach Final Phase By Dr. Jack Rasmus, February 02, 2019
Iran
Will Iran Sanctions Herald the Fall of the Imperial Dollar? By Medea Benjamin and Nicolas J. S. Davies, February 02, 2019
New Oil Sanctions on Venezuela: “Would Destroy What’s Left of Its Economy” By Mark Weisbrot and The Real News Network, February 02, 2019
Bank of England Tears Up Its Gold Custody Contract with Venezuela’s Central Bank By Ronan Manly, February 02, 2019
Davos – A Family Reunion of People Who Broke the World By True Publica, February 02, 2019
How Orientalism Created the Charade of ‘Benevolent’ Imperialism? By Nauman Sadiq, February 02, 2019
Dishonesty, Omissions and Lies in Reporting on the Venezuelan Economic Crisis By Jón Karl Stefánsson, February 01, 2019
France, Germany, UK Launch a New ‘Non-Dollar’ Mechanism to Trade with Iran, but Will it Work? By Patrick Henningsen, February 01, 2019
From Global Poverty to Exclusion and Despair: Reversing the Tide of War and Globalization By Prof Michel Chossudovsky, February 01, 2019
Bank of England Urged to Hand Over Venezuela’s Gold to Guaidó By Zero Hedge, January 29, 2019
Venezuela’s High Inflation Is the Country’s Achilles’ Heel – Especially in Times of Crisis By Adam Garrie, January 29, 2019
Bank of England Refused to Return $1.2bn in Gold to Venezuela – Reports By RT News, January 28, 2019
Why Germany Leads in Renewables: It Has Its Own Green Bank By Ellen Brown, January 27, 2019
Europe’s Debt Crisis: Challenges for the Left, Confronting the Creditors By Eric Toussaint and Le Vent Se Lève, January 24, 2019
60 Years of Tropical Socialism. Assessment of the Cuban Revolution By Marc Vandepitte, January 23, 2019
Global Economy on the Brink as Davos Crowd Parties On By Dr. Jack Rasmus, January 23, 2019
Markets Good, Public Bad: The False Promises of Market Populism By Ingo Schmidt, January 22, 2019
Trump’s “Real Trade War”: Subverting China’s Technological Advance By Dr. Jack Rasmus, January 22, 2019
“Globalization is the Demise of Humanity”: Towards an “Economy of Peace” with an Alternative Monetary System By Peter Koenig, January 20, 2019
Malaysia’s 1MDB Financial Scandal: Stolen Money Must Not Place Culprits Above the Law By Sarawak Report, January 18, 2019
Russia’s Interest in Pakistani Power Projects Could Portend CPEC Investments By Andrew Korybko, January 17, 2019
China and India in Central Asia: Competition or Convergence? By Andrew Korybko, January 17, 2019
Uniting for a “Green New Deal” By Margaret Flowers and Kevin Zeese, January 15, 2019
Weaken the Business Model of Banknotes Forgeries: New Security Strategies By William Harrison, January 15, 2019
Gilets Jaunes in 2019: French Democracy Dead or Alive? By Diana Johnstone, January 12, 2019
“Great Dollar Dump”: Russia Shifts $100bn of Its Reserves into Yuan, Yen and Euro By RT News, January 10, 2019
Trump’s Déjà Vu China Trade War By Dr. Jack Rasmus, January 10, 2019
US Snatches Chinese Executive – Sets Dangerous Precedent. “Trying to Provoke, Humiliate China” By Tony Cartalucci, January 09, 2019
Jair Bolsonaro
President Trump’s Losing Strategy: Embracing Bolsonoro’s Brazil and Confronting China By Prof. James Petras, January 09, 2019
What Are We Working For? The Economic System is a Labyrinthine Trap By Edward Curtin, January 08, 2019
The Doctrine of Odious Debt. Break the Taboo on Odious Debts and Their Repudiation By Eric Toussaint and Le Vent Se Lève, January 08, 2019
NAFTA Renewed. Now What? By Prof. Sam Gindin, January 07, 2019
Addressing Urban Pollution, Reversing Climate Change: Electric Vehicles and Hydrogen Powered Cars By Roy Morrison, January 06, 2019
Global Research News Hour: Global Economy, Geo-Politics, Militarization. The Most Significant Stories of 2018, Projections for 2019 By Michael Welch, Rick Rozoff, Andy Lee Roth, Dr. Jack Rasmus, and Dmitry Orlov, January 05, 2019
Biting into Apple: The Giant’s Revenues Fall By Dr. Binoy Kampmark, January 05, 2019
Everything Is Plunging: Stocks, Yields, Dollar Tumble as ISM, Apple Panic Spreads By Zero Hedge, January 04, 2019
capitalism
On the Origins and Legacies of Really Existing Capitalism: In Conversation with Prof. Kari Polanyi Levitt By Kari Polanyi Levitt and Prof. Andrew M. Fischer, January 03, 2019
China’s Long Term Trade and Currency Goals: The Belt and Road Initiative By John A. Mathews, January 02, 2019
The Global Crisis. War, Ecology and the Global Economy: Reflections on 2018, Forecasting 2019 By Robert J. Burrowes, January 02, 2019
Video: 13 Year Old Girl Victoria Grant: “Extreme Corruption” is the Cause of “Extreme Poverty” By Victoria Grant, December 29, 2018
Financial Turmoil, Plummeting Markets: Is the Longest Ever “Bull Market” Over? By Stephen Lendman, December 27, 2018
The Oil Game Has Changed By Marwan Salamah, December 26, 2018
Trade War
Development vs. Destruction: China and the U.S. By Sara Flounders, December 26, 2018
Washington Speaks Openly of Using “Low Yield” Nukes against Russia: If Truth Cannot Prevail Over Material Agendas We Are Doomed By Dr. Paul Craig Roberts, December 26, 2018
What is Really Happening in Venezuela? By Michael Welch and Steve Ellner, December 26, 2018
Interest Rate Hikes, America’s Economy in Crisis: Trump Considers Replacing Federal Reserve Chairman Powell? By Stephen Lendman, December 24, 2018
FREXIT? The “Gilets Jaunes” will Not Let Go By Peter Koenig, December 24, 2018
Emmanuel Macron and the Air France Experience By Peter Koenig, December 23, 2018
Pakistan, the Inevitable Lynchpin By Brig. Imran Malik, December 23, 2018
Why the U.S. Threatens China — as a New Superpower By Sara Flounders, December 23, 2018
The Real Reason Behind Canada’s Arrest of China’s Huawei Executive Meng Wanzhou By Michael Welch, Prof Michel Chossudovsky, Ron Unz, and Christopher Black, December 23, 2018
National Interest or Personal Interest: Theresa May’s “War of Words” with Tony Blair By Lesley Docksey, December 20, 2018
The Public Banks’ Option: This Radical Plan to Fund the ‘Green New Deal’ Just Might Work By Ellen Brown, December 20, 2018
Huawei Launches the Evolution Strategy for 5G-oriented Wireless Target Network By Globe Newswire, December 20, 2018
Stocks Are on Pace for Their Worst December Since the Great Depression – The Dow Is Now Down over 3,300 Points from the Peak By Michael Snyder, December 19, 2018
South Africa Searches for a “Financial Parachute”, A $170 Billion Foreign Debt Cliff Looms. IMF “Economic Medicine” By Prof. Patrick Bond, December 18, 2018
India Caught Between Iran and Saudi Arabia By Andrew Korybko, December 17, 2018
Nine Things to Buy with $5 Billion Instead of a Border Wall By Lindsay Koshgarian, December 17, 2018
Michael Hudson
The Vocabulary of “Economic Deception”. Dr. Michael Hudson By Prof Michael Hudson and Bonnie Faulkner, December 17, 2018
How the New Silk Roads Are Merging into Greater Eurasia By Pepe Escobar, December 15, 2018
Welcome to Trump Budget Management: A Week after Decrying a $716 Billion Defense Budget, Trump Agrees to $750 Billion Defense Budget By Economic Policy Journal, December 12, 2018
Trump and China: Towards a Cold or Hot War? By Marc Vandepitte, December 12, 2018
Video: Behind the US Attack on Chinese Smartphones By Manlio Dinucci, December 12, 2018
The Saudi Dilemma: To Cut or Not to Cut Production By Irina Slav, December 05, 2018
A US-China Trade War ‘Armistice’? Trump Blinks and Retreats at G-20 By Dr. Jack Rasmus, December 04, 2018
Debt, Death, and the US Empire By Antonius Aquinas, December 02, 2018
Russia Is Key to Asia’s Future Development. Putin’s Asia Pivot. China’s Belt and Road. Towards A “Greater Eurasian Partnership” By F. William Engdahl, November 28, 2018
Trump/Putin Meeting at G20: On or Off? Showdown with China’s Xi Jinping? By Stephen Lendman, November 28, 2018
Will the Argentina-China Partnership Undermine Trump’s “Fortress America” in the Southern Cone By Andrew Korybko, November 28, 2018
The US – China Pending Trade War on the Eve of the G-20 Buenos Aires Meeting. Announced Tariffs in the Hundreds of Billions of Dollars By Dr. Jack Rasmus, November 27, 2018
The Global Financial Crime Wave Is No Accident By Nat Dyer, November 27, 2018
US Trade War with China: Desperate Move to Save Western Empire By Andre Vltchek, November 26, 2018
The China-Pakistan Economic Corridor (CPEC). Why is the European Union Opposed to It? By Joseph Thomas, November 25, 2018
Video: Khashoggi and the Take Down of Saudi Crown Prince MBS Global Research interviews Whitney Webb By Michael Welch and Whitney Webb, November 25, 2018
Household and Corporate Debt in America Reach All-Time Highs … Towards a Deep Recession? By Washington's Blog, November 23, 2018
Trade War
ASEAN and Trade Wars: The Need to Reinstate Southeast Asia as a “Zone of Peace, Freedom and Neutrality” (ZOPFAN) By Dr. Chandra Muzaffar, November 21, 2018
US Dollar Completely Ditched in Trade Between Iran & Iraq – Official By RT News, November 21, 2018
US and China Clash at the APEC Summit. “Very Tense”. Towards the Rupture of Asia-Pacific Trade Structures By Stephen Lendman, November 19, 2018