The collapse and bailout of Silicon Valley Bank shows little has changed for reckless financial actors, writes Les Leopold. If financial institutions are so interconnected that we can’t let them fail, they should be run as publicly owned utilities.
While the most common type of risk faced by a commercial bank is a jump in loan defaults – known as credit risk – that’s not what is happening here, writes Vidhura S. Tennekoon.
The United States remains a powerful country, but it has not come to terms with the immense changes taking place in the world order, writes Vijay Prashad.
Ann Wright responds to a “caution” buried in a voluminous national security law about what might prevent the closure of the U.S. military’s spill-prone Red Hill jet-fuel tanks.
Dr. Susan Rosenthal describes the rise of Canada’s public health system during labor’s rebellious postwar period and the corporate profiteering by which it is now being destroyed.
George Monbiot has been regularly smearing icons of the progressive left, writes Jonathan Cook. Now, it seems, it is comedian Russell Brand’s turn to come under his scalpel.
Australia is not arming itself against China to protect itself from China. Australia is arming itself against China to protect itself from the United States.
U.S. intelligence was too quick to leak information about the German investigation to The New York Times. It raises the distinct impression that the real culprit is nervous about the investigative work of Seymour Hersh.
Proxy wars devour the countries they purport to defend. There will come a time when the Ukrainians will become expendable to the U.S. They will disappear, as many others before them, from U.S. national discourse and popular consciousness.
There’s a reason the Australian corporate media is trumpeting the views of a few China hawks. If the rulers don’t make sure the public is propagandized they could have a revolution on their hands.