While industrialisation remains a top priority for Global South countries, debt-driven austerity, corporate dominance, wars and sanctions keep many poorer nations locked into dependency and underdevelopment.
Sixty years ago, Harold Wilson’s Labour government secretly conspired with the Indonesian military as it conducted one of the postwar world’s worst bloodbaths.
At their summit in Brazil, members of the expanding Global South group condemned recent Israeli-U.S. attacks on Iran and Israel’s aggression against Palestinians in Gaza, Abdul Rahman reports.
In this excerpt from their book Silent Coup, Claire Provost and Matt Kennard go to the sources of a key legal mechanism used by multinational corporations to override governments around the world.
Exploiting a “trade finance” loophole, the bank dumped an estimated $3.7 billion into oil and gas projects in 2022, finds an analysis by the German research and activist group Urgewald.
At the time, 50 years ago on Monday, the coup was seen as not just an attack on the Popular Unity government of Salvador Allende, writes Vijay Prashad. It was an attack on the Third World.
Amid a membership expansion, leaders of the bloc spoke out against sanctions, conditions on sovereign credit and dollar hegemony, Abdul Rahman reports.
Countries in Latin America, Africa and Asia emerged in the post-World War II era as appendages of a world system that they were unable to define or control, writes Vijay Prashad.
“Leaving the rich out of the equation.” Sam Pizzigati reports on the protest by economists worldwide against the World Bank’s “shared prosperity” method of tracking gaps in income and wealth.