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BRICS Bank: A Powerful Challenge to the IMF and the World Bank

BRICS Bank: A Powerful Challenge to the IMF and the World Bank

Breaking strangleholds of international finance can seem a near impossible task. The provision of finance to developing states, and sometimes developed states humbled by the markets, has tended to be a restricted affair. The BRICS countries (Brazil, Russia, India, China and South Africa) have had their fair share of medicine in that regard. The Bretton […]

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Ukraine’s Crisis: Economic Sanctions Could Trigger a Global Depression

Ukraine’s Crisis: Economic Sanctions Could Trigger a Global Depression

The referendum in Crimea on March 16, 2014 will probably attach the peninsula to the Russian federation. While it is unlikely that NATO will intervene and seek a direct military confrontation with Russia, the United States and the European Union are already cooking some broad and unwise economic sanctions with which to punish Russia. Russia, […]

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TPP: Corporate Greed Would Win, the Environment Would Lose

TPP: Corporate Greed Would Win, the Environment Would Lose

The environment chapter of the secretly negotiated Trans-Pacific Partnership (TPP) agreement is evidently meant to be the sweetener for a broader set of more restrictive arrangements, but it falls far short of its protective purpose. The full draft of the chapter, released by WikiLeaks on Wednesday January 15, 2014 and dating from November 24, 2013, […]

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Floating Twitter and Fleeting Tweets: The Illusions of Technology

Floating Twitter and Fleeting Tweets: The Illusions of Technology

“This is the story of the next half-century as we effectively become cyborgs” – Joshua Foer [1] It says much that one of the great technological achievements of the last 20 years is a creation emphasizing the writing of 140 characters: the tailored, high-speed medium of communication that has effectively created a virtual community, with […]

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The United States’ Obscene Wealth Inequality

The United States’ Obscene Wealth Inequality

By Gilbert Mercier  and  Dady Chery In the past 33 years, the United States has become a study in blatant and obscene contrasts between the rich and poor. Although FDR’s New Deal helped to lift the country out of the Great Depression and to establish the social and economic policies and standards that created a […]

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