Category International Economy

Collateral Damage: U.S. Sanctions Aimed at Russia Strike Western European Allies by Diana Johnstone

U.S. politicians view the rest of the world as America’s hinterland, to be exploited, abused and ignored with impunity.

CLIMATE CHANGE, MILITARISM AND WAR (Video)

The Paris talks signalled an important change in the climate movement as thousands of activists gathered from all over the world to organise global action.

NYT Promotes Protectionism in Guise of ‘Free Trade’

When it comes to the TPP, there is very little by way of free trade promotion in this deal.

The Biggest Strike in World History? No Thanks, We’re Focusing on the New iPhone

A coalition of trade unions in India representing some 180 million workers staged a one-day general strike on Friday, September 2, in protest of what they called the “anti-worker and anti-people” policies of Prime Minister Narendra Modi. …Assocham, India’s chamber of commerce, estimated that the economic impact of the strike was $2.4 billion–$2.7 billion (Hindustan Today, 9/3/16).

John Pilger | A Blow for Peace and Democracy: Why the British Said No to Europe

The pith helmets may have long gone, but the blood has never dried. A nineteenth century contempt for countries and peoples, depending on their degree of colonial usefulness, remains a centrepiece of modern “globalisation”, with its perverse socialism for the rich and capitalism for the poor–

Despite What Media Says, TPP Isn’t About Free Trade — It’s About Protecting Corporate Profits

So the most consequential parts of the deal would actually undermine the free flow of goods and services by expanding some protectionist, anti-competitive policies sought by global corporations.

Chris Hedges | 2008 All Over Again

Will the American public passively permit another massive bailout of the banks? Will it accept more punishing programs of austerity to pay for this bailout? Will a viable socialism rise out of the economic chaos to halt further looting of the U.S. Treasury and the continued reconfiguration of the economy into neofeudalism?

Flowers and Zeese | Brexit Backlash Against EU, A Revolt Against Elites

The Brexit vote showed how out of touch the elites are with the lives of the people in England. They are unaware how austerity, unfair incomes and lack of wealth makes life unbearable for many. The same is true throughout the globalized economy, which is rigged for the 1% around the world.

WikiLeaks | The US strategy to create a new global legal and economic system: TPP, TTIP, TISA (Video)

An older video full of good information about the TPP and related trade agreements why we should not support them. TheWikiLeaksChannel Published on Aug 18, 2015 Media for the people!  Click here to help Rise Up Times continue to bring you vital analysis of and commentary about current issues you won’t find in the mainstream corporate media. No Peace! […]

Juan Cole | World More Violent in Past Year, but Middle East Drives Deterioration (Video)

If the GPI is right about what produces peace, you’d have to conclude that the US is heading toward increased violence.

The TTIP Leaks. The 248 Pages Reveal a Hidden Economic, Social and Environmental Agenda

Similarly to the TPPA, matters of climate change get short shrift, notably in the chapter covering National Treatment and Market Access for Goods. Showing yet again that a privileged corporate interest is inherently hostile to the commonweal, trade is deemed a domain outside the impact of climate change.

VIDEO | Mark Fiore: Hiding, Secret and Shell

Most of these people with offshore accounts are just trying to avoid paying taxes, but many of them are corrupt politicians and other criminals.

VIDEOS: Chris Hedges & Michael Hudson | Days of Revolt: How We Got to Junk Economics

A politician’s job is to deliver whoever voted for you to your backers, who are on Wall Street. Whether you are a Republican or a Democrat, but especially if you are a Democrat – that’’s really the Wall Street wing of the American political system. The Republicans are for the corporate monopoly, oil and gas wing of it.

Chris Hedges and Michael Hudson: The Global Economy Is a Giant Ponzi Scheme

We should add that under this predatory form of economics, you game the system. So you privatize pension funds, you force them into the stock market, an overinflated stock market. But because of the way companies go public, it’s the hedge fund managers who profit. And it’s those citizens whose retirement savings are tied to the stock market who lose.

Robert Parry: The Misinformation Mess

Parry: There is nothing wrong with having machines do more of the drudgery and give humans more time to enjoy life. The problem comes when the benefits accrue to a tiny minority and the rest of us are forced to work harder or face declining living standards.

VIDEO | Chris Hedges | Days of Revolt: The Militarism of U.S. Diplomacy

Video: Chris Hedges and author Vijay Prashad trace the acceleration of U.S. militarism since the collapse of the Soviet Union, and discuss the consequences of U.S. domination over global affairs, in this episode of teleSUR’s Days of Revolt.

TPP Chapter Released by WikiLeaks Would Let Governments Curtail Trials So as to Contain Information

Article: “The text of the TPP’s intellectual property chapter confirms advocates’ warnings that this deal poses a grave threat to global freedom of expression and basic access to things like medicine and information. … But the sad part is that no one should be surprised by this. …”

Democracy Now! | ▶ Naomi Klein on Visiting the Vatican and the Radical Economic Message Behind Papal Climate Encyclical

DN!: We speak to Klein about her trip to the Vatican and the importance of the pope’s message – not only on climate change, but the global economy.

VIDEO | Michael Hudson and Bill Black: A Greek Bailout Is Really a Bailout of Western Banks

U.S. political economists Michael Hudson and Bill Black tell The Real News Network that western financial institutions are keen to bail out Greece because if they didn’t, Greece’s existing creditors—other western financial institutions—would fail to recover money they previously lent to Greece.  ◊ truthdig.com  realnewsnetwork.com  July 1, 2015  ◊  The experts say the ongoing bailout […]

As it happened – Yanis Varoufakis’ intervention during the 27th June 2015 Eurogroup Meeting

Originally posted on Yanis Varoufakis:
The Eurogroup Meeting of 27th June 2015 will not go down as a proud moment in Europe’s history. Ministers turned down the Greek government’s request that the Greek people should be granted a single week during which to deliver a Yes or No answer to the institutions’ proposals – proposals crucial for Greece’s future…