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Corporate Trade Agenda Attacks Americans’ Right to Know - by via Food & Water Watch
Washington, D.C.—Today, the World Trade Organization (WTO) ruled that mandatory country of origin labels (COOL) rules for meat and poultry that went into effect in the United States in 2013 are not compliant with global trade standards. The WTO continued to find that the goal of providing information to consumers was compliant with international trade rules, but it decided narrowly that the implementation of the rules for COOL labels negatively impacted livestock imports from Canada and Mex...
Posted: Mon May 18, 2015 5:13PM
Devastated Nepal Daily Pays $600,000 on Debt - by Sophia Har
Nepal underwent another earthquake on May 12 amid recovery from the April 25 quake. It owes billions of dollars of debt to the World Bank, the Asian Development Bank, the International Monetary Fund and foreign lenders. Anti-poverty organization Jubilee USA Network states that debt relief would aid Nepal's recovery efforts.
Posted: Fri May 15, 2015 9:18AM
Governments Negotiate UN Agreement on Global Development - by Sophia Har, Jubilee USA Network
The United Nations, International Monetary Fund (IMF), World Bank and finance ministries are meeting in New York to finalize an agreement for the Financing for Development Conference (FfD) to be held in Addis Ababa, Ethiopia, in July.
Posted: Tue May 12, 2015 1:46PM
Heterodox Economics, Cultural Anthropology, and Radical Transformation with DJ Ferman-León (audio/mpeg 97.0MB) - by Felipe Messina (crosspost)
Radical economist Dr. Michael Hudson, on Bonnie Faulkner's Guns and Butter (KPFA/Pacifica Radio), has called the University of Missouri’s heterodox economics department, the anti-Chicago School of Economics. Lumpenproletariat.org speaks with one of the most interesting thinkers and theoreticians at UMKC’s radical economics department about radical transformation and social change. (70 minute audio file)
Posted: Tue May 12, 2015 2:40AM
Wealth is not a Private Affair - by Ulrich Thielemann
The US faces a revenue- and a war-spending crisis. The top tax rate was over 70% from 1938 to 1982; corporations stash trillions in tax havens. Joseph Stiglitz warns that inequality creates suboptimal economies. Since capital gains taxes are half of regular taxes, speculators pay much less than workers. Alternative economics emphasize that our economic problems are endogenous, not exogenous. Profit-maximizing is different than profit-making (Ulrich Thielemann). In late stage financial capi...
Posted: Thu May 7, 2015 5:23AM
On the End of Capitalism - by Ulrike Herrmann
Capitalism will collapse in a chaotic and brutal way... The bridge from capitalism to the new "post-growth economy" is lacking. Hardly anyone reflects about the process of transformation... If the climate should be spared, fly8ing cannot be a human right. The unpleasant R-word that threatens growth will be unavoidable again: renunciation. This cannot be limited to flying since energy consumption can only be reduced by producing less.
Posted: Mon May 4, 2015 8:37AM
World Bank and IMF Announce $1.1 Billion in Debt Relief for Chad - by Sophia Har, Jubilee USA Network
The International Monetary Fund (IMF) and the World Bank announced $1.1 billion in debt relief for Chad. The money comes through the IMF and World Bank's two major debt relief programs: the Heavily Indebted Poor Country Initiative (HIPC) and the Multilateral Debt Relief Initiative (MDRI). Chad is the 36th country to receive HIPC relief and the first since 2012. Chad is the fourth-least developed country in the world. More than half its population lives in poverty.
Posted: Thu Apr 30, 2015 8:54AM
Freddie Gray Rebellion - Baltimore, Maryland, USA - April 25th, 2015: video (video/mp4 341.4MB) - by El Enemigo Común
Freddie Gray Rebellion - Baltimore, Maryland, USA - April 25th, 2015
Posted: Tue Apr 28, 2015 12:29PM
Aftershocks Pummel Highly Indebted Nepal: Poor Country Spends 217 Million Annually on Debt - by Sophia Har
As Nepal experiences aftershocks from Saturday's earthquake, it may find relief in the IMF's Catastrophe Containment and Relief Trust, a fund that cancels the debt of poor countries in crisis.
Posted: Mon Apr 27, 2015 7:52AM
Nearly 80% of Surveyed US Companies Fail to Meet Requirements of Conflict Minerals Law - by Amnesty International
Nearly 80 per cent of U.S. public companies analyzed by human rights groups are failing to adequately check and disclose whether their products contain conflict minerals from Central Africa, a new report by Amnesty International and Global Witness reveals.
Posted: Wed Apr 22, 2015 5:01PM
Wiping the smug look off the face of capitalism! - by The Acorn
When a young anti-capitalist leapt on to the desk in front of European Central Bank president Mario Draghi when he was giving a press conference in Frankfurt on April 15, the look on Draghi's face was priceless.
Posted: Wed Apr 22, 2015 11:01AM
Politics Faded Out the Constitutional Offensiveness of Trade Agreements - by Axel Flessner, J Baertner and S Liebrich
The arbitration jurisdiction with the ISDS mechanism is the most controversial point of the two trade agreements. US corporations could file lawsuits against the German prohibition of gas production through fracking. They could demand compensation in the billions from the states. States could be deterred by the threat of lawsuits from environmental and labor protective regulations. These agreements are not trade bills but bills to increase corporate profits and privilege foreign investors...
Posted: Tue Apr 21, 2015 4:20AM
Worldwide Grassroots Support Going to Kobane and Rojava - by Teachers4Peace in Kobane
Kobane is out of the headlines, but please let us not forget that people there are living amidst a city utterly reduced to rubble. Assistance is starting to flow from the European grass roots: funds, medicines, medical equipment and other resources.... but more is needed.
Posted: Sun Apr 19, 2015 7:03AM
WTUL news and views interviews strike debt nola (audio/mpeg 6.1MB) - by wtul news
Max and Ann from Strike Debt NOLA talk debt and about their upcoming teach in Tuesday 6:30pm on baronne st
Posted: Fri Apr 17, 2015 8:18AM
World Bank Announces Package of Aid and Loans to Ebola-Affected Countries - by Sophia Har
The World Bank announces $650 million in new concessional loans and grants for Liberia, Guinea, and Sierra Leone at the start of the Spring IMF and World Bank Meetings
Posted: Fri Apr 17, 2015 7:11AM
IMF Reports Debt and Human Crises Drive Uneven Growth - by Sophia Har, Jubilee USA Network
Global Stability and Economic Outlook Reports Released
Posted: Wed Apr 15, 2015 7:24AM
The Futile Attempt to Learn Why Philadelphia (and Your Hometown) Is Voting to Arm Nazis - by Chris Randolph
The US House of Representatives voted overwhelmingly to send guns to Ukrainian fascists. Getting a straight answer from your representative as to why, or even getting them to admit to that reality, is nearly impossible.
Posted: Tue Apr 14, 2015 8:55PM
Fast Track, TPP and TTIP Should Be Scrapped! - by Thilo Bode
How scandalous that communities and states should lose sovereignty to corporations! In the TTIP negotiated in secret, corporations can sue states for lost profits. The threat of a lawsuit can have a chilling effect on labor and environmental protective regulations. A parallel private arbitration system (ISDS) is created that privileges foreign investors over labor and the environment. Philip Morris, Violea, Vattenfall, Occidental, Pacific Rim and Metalclad are flagrant examples of profit ...
Posted: Mon Apr 13, 2015 4:20AM
World Social Forum 2015 in Tunis Joins the Cry "Nous Sommes Bardo!" - by Sharat G. Lin
The World Social Forum in Tunis (24-28 March 2015) closes with resounding unity against global warming, neoliberalism, militarism, terrorism, and for the increasingly important role of women in making another world possible.
Posted: Sun Apr 5, 2015 4:08AM
Urgent Action Alert: Mumia Abu-Jamal in Medical Center - by Free Mumia!
At 1pm EST today, Mumia Abu-Jamal had a medical emergency and was taken to the Intensive Care Unit at Schuylkill Medical Center in Pottsville, PA. We need your immediate help to make sure that Mumia's family will be able to visit him NOW.
Posted: Mon Mar 30, 2015 3:16PM