IMF Seeks Asia’s Help to Tackle Eurocrisis

Global Geopolitics & Political Economy / IDN By J. C. Suresh IDN-InDepth NewsReport TORONTO (IDN) – When an international commission headed by Nobel laureate Willy Brandt drew attention to global economic interdependence in its report in 1980, the world was divided between rich North and the poor South. More than three decades later, the International [...]

EUROPE: Unrest Spread Eastwards

Global Geopolitics & Political Economy / IPS Analysis by Zoltan Dujisin BUDAPEST, Jan 20, 2012 (IPS) – Protests in Hungary and Romania are the first signs of anti-systemic mobilisation in the Eastern half of the continent. While protests in both countries indicate dissatisfaction with their governments’ authoritarian turn, their origins differ, as does the European [...]

GREECE: Austerity Plan Breaches Last Line of Defence of Greek Workers

Global Geopolitics & Political Economy / IPS By Apostolis Fotiadis ATHENS, Jan 20, 2012 (IPS) – As the Eurozone falls deeper into its sovereign debt crisis, the labour movement in Greece is being cudgelled to its knees by an austerity programme that has so far failed to bring any positive change for the crumbling Mediterranean [...]

19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments

A new report is available at the Political Economy Research Institue, PERI. 19 Million Jobs For U.S. Workers: The Impact Of Channeling $1.4 Trillion In Excess Liquid Asset Holdings Into Productive Investments Pollin, Robert | Heintz, James | Garrett-Peltier, Heidi | Wicks-Lim, Jeannette | 12/5/2011 Download the full report from the PERI Website 1.2 MB [...]

Banks Holding 1.4 Trillion, Could Create 19 Million Jobs

The Real News Network December 21, 2011 Bob Pollin: Study looks at impact of 1.4 trillion in excess liquid asset holdings if put in productive investments More at The Real News

Eurozone Crisis Enters New Phase as ECB Fights Europe for Austerity

Repubished on Global Geopolitics & Political Economy Folha de São Paulo (Brazil), December 7, 2011 Read the article on the original site. By Mark Weisbrot The house is on fire and the owners are arguing about what kind of safety regulations should be implemented in the future so as to prevent these types of fires. [...]

U.S.: Occupy Targets Foreclosures

Global Geopolitics & Political Economy / IPS By Judith Scherr   People march through West Oakland to the foreclosed home now owned by Fannie Mae that will be occupied as a community centre. Credit:Judith Scherr/IPS Buy this picture OAKLAND, California, Dec 7, 2011 (IPS) – Five months ago, Gayla Newsome was at work when she [...]

OP-ED: Occupy Foreign Affairs

Global Geopolitics & Political Economy / IPS By John Feffer* WASHINGTON, Dec 5, 2011 (IPS) – It’s not the topic of George Packer’s latest essay that’s particularly surprising. Inequality, he writes, is undermining democracy. Progressives have been hammering home this message for years if not decades. Nor is the choice of publication necessarily a shocker. [...]

$7.7 Trillion to Wall Street – Anything to Keep the Banksters Happy!

Global Geopolitics & Political Economy Originally Published on Truthout Saturday 3 December 2011 Read the article in its original form on Truthout By: Thom Hartmann, Truthout | News Analysis Do you know who Elizabeth Duke is? How about Donald Kohn or Kevin Warsh? No? Well – you should. Because while Congress was debating back in [...]

Will an Incompetent European Central Bank be Allowed to Wreck the World Economy?

Global Geopolitics & Political Economy Originally Published on The Guardian Unlimited, December 5, 2011 See this article on the original website By Dean Baker The world is eagerly waiting to see if the European Central Bank (ECB) will take the steps needed to save the euro. Specifically, is the ECB prepared to act as a [...]