A state-owned bank on the model of the Bank of North Dakota can provide low-interest loans, liquidity and financial sovereignty, writes Ellen Brown.
Changing the Rules of the Banking Game
Category: Economy
Craig Murray: Why Would China Be An Enemy?
To react to Beijing’s growing economic power by increasing Western military power is hopeless. It is harder to think of a more stupid example of lashing out in blind anger.
BP Extracted £15 Billion of Iraqi Oil After British Invasion
Shell, the other U.K. “super-major” oil company, also re-entered Iraq in 2009 after an invasion in 2003 that was widely denounced at the time as a war-for-oil on the part of the U.S. and U.K., Matt Kennard reports.
German Public Sector Workers Continue Strikes
After a year of labor actions and demands for higher wages to combat high inflation, negotiations between trade unions and employers at the municipal and federal levels head into their third round next week.
SCOTT RITTER: G7 vs BRICS — Off to the Races
An economist digging below the surface of an IMF report has found something that should shock the Western bloc out of any false confidence in its unsurpassed global economic clout.
The Billionaire Bailout Society
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.
Why SVB & Signature Bank Failed So Fast
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.
How Canadians Are Losing Medicare
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.
China Blasts US ‘Hegemony’
In a 3,900-word commentary, the Chinese Foreign Ministry has openly condemned nearly 80 years of U.S. political, military, economic, technological and cultural hegemony.
Winning & Losing the Economic War Over Ukraine
Not only has Russia withstood the economic assault, but the sanctions have boomeranged — hitting the very countries that imposed them, write Medea Benjamin and Nicolas J. S. Davies.