world economy

The Corporate Top 1% Control Over 50% of International Trade (Pt 1/2)

2018 TRADE AND DEVELOPMENT REPORT: Interview with UNCTAD’s Richard Kozul-Wright

November 16, 2018
To avert the continuing and growing inequities of global trade, UNCTAD's 2018 Trade and Development Report calls for a serious look at the 1948 Havana Charter, the initial attempt to establish a managed multilateral trading system. But what makes the current multilateral trading system so different from the world order envisaged in the 1948 Havana Charter? In a 2 part interview, that question among others is put to UNCTAD’s Chief Economist, Richard Kozul-Wright
Will the Next Global Financial Crisis Begin in the Developing World?

Will the Next Global Financial Crisis Begin in the Developing World?

October 1, 2018

Malaysian economist Jomo argues that the central banks of the developed world created so much liquidity that they flooded developing countries’ economies with capital and now any financial hiccup could cause severe problems

Why Is the 2006 Crisis Taking So Long To Resolve?

February 21, 2014
A two part series with Yilmaz Akyüz who says crisis management in the US and Europe is causing more problems that it is solving as two major policy shortcomings put excessive reliance on monetary policy in managing the 2008 financial crisis

The Government is Finally Arresting Wall Street Bankers…For Losing Wall Street’s Money

August 14, 2013

The Dept. of Justice will let JP Morgan’s London Whale off the hook while prosecuting low-level traders.

Taxing Corporate Profits will Force Investment

May 6, 2013
Dr. Heiner Flassbeck: We’re in worse shape now than in 2008 because at least then there was hope governments would face up to the situation

Big Commodity Traders Pocketed $250 Billion Profit

April 15, 2013

Gerald Epstein: New FT investigation says big commodity traders earned more profit than banks or auto

Why Turkey Wants Normalization with Israel

March 25, 2013

Baris Karaagac: Israeli apology is a propaganda victory for Turkish Prime Minister Erdogan; NATO member Turkey needs Israeli alliance to solidify role as regional power broker

Are Toronto Homeless Shelters Overcrowded?

March 18, 2013

City maintains there are enough beds but activists and shelter operators say they are running at over capacity