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.”
Health Workers in UK Intensifying Fight
Category: Economy
Low-Income World in Multi-Trillion Debt Squeeze
Rising interest rates and slowing global growth risk tipping a large number of countries into crisis, Baher Kamal reports.
US Utility Giants Reap Huge Profits as Households Struggle
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.
The Petrodollar’s Long Goodbye
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.
Varoufakis: How to End ‘Global Empire of Capital’
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.”
An Economist for the Whole Earth
Without greater equality, Herman Daly, the pioneer of ecological economics, helped us understand that the environment has no real shot at renewal, writes Sam Pizzigati.
UK Think Tank Behind Truss’ Program Lives On
Sunak has installed several of the Institute of Economic Affairs’ biggest supporters in his cabinet and made one of its former staff members his chief spin doctor, writes Adam Bychawski.
Exxon, Chevron Rake in Massive Profits
Despite the evidence of price gouging, Joe Biden has so far declined to endorse a windfall profits tax, opting instead to demand voluntary action from fossil fuel executives.
UK Aids Egypt’s Autocratic Neoliberalism
Matt Kennard reports on an example of “authoritarian neoliberalism,” the imposition of widespread privatization by U.K.-backed dictators.
Rail Cos. Reject Union’s Demand for Paid Sick Leave
A union spokesman said that rail companies — with more than $10 billion in stock buybacks and dividends in the first six months of 2022 — can easily afford to provide workers with paid leave when they are sick.