Despite widespread opposition to raising the retirement age, many French lawmakers remain determined to fulfill the president’s election pledge to overhaul the nation’s pension system, Kenny Stancil reports.
The World Bank has sounded the alarm, but the forces of “centrism” — beholden to billionaires and the politics of austerity — refuse to pivot away from the neoliberal catastrophe, writes Vijay Prashad.
“It is easier to imagine the end of the earth than to imagine the end of capitalism.” Vijay Prashad reflects on the work of the Tricontinental: Institute for Social Research in developing a necessary worldview.
Outside the United States, in countries ranging from Argentina and Malaysia to Finland and Fiji, airlines essentially operate as a public utility, not an opportunity for big CEO paydays, writes Sam Pizzigati.
A tradition of loose oversight and regulations has been the hallmark of Anglo-American capitalism, writes Amy Froide.
Royal College of Nursing’s Pat Cullen says Prime Minister Sunak “should ask himself what is motivating nursing staff to stand outside their hospitals for a second day so close to Christmas.”
Rising interest rates and slowing global growth risk tipping a large number of countries into crisis, Baher Kamal reports.
Companies pocketed $14 billion in the first nine months of 2022 while roughly 20 million households are behind on payments amid warnings of widespread shutoffs, a watchdog group finds.
As part of their concern about “currency power,” many countries in the Global South are eager to develop non-dollar trade and investment systems, writes Vijay Prashad.
In the face of climate catastrophe and a rising risk of nuclear war, Greece’s former finance minister says the global ruling class are “doing their best to push humanity over both cliffs at once.”