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 […]
Liberate History to Conjure a Better Future
A tragic event etched a deep scar in one’s psyche, and the good life’s exhilaration became a thing of the past. Then time stood still. The drive to move on sputtered and quit, after reality suddenly changed. Ahead lies a dark abyss. “The deep silence of the heart” creeps in and reigns. The sense of […]
GDP, Money and the World Cup
By Gilbert Mercier and Dady Chery No. It’s not only a game. The World Cup is about money. Lots of it. Quite apart from the $15 billion that Brazil spent “pacifying” the favelas and building stadiums in preparation for the World Cup, or the $4.5 billion of profit that FIFA will make from this sports […]
Spin and Self Delusion: Ignorance Is Bliss
I discovered a television show called Catfish while I was lying down over the last few weeks because I’ve been suffering from Meniere’s disease. Though I know I need to stay calm to ease the attacks of vertigo from the disease, I’ve watched the show with shock that soon turned to anger, and the more […]
What Fuels the Violence Against Palestinian and Israeli Youths?
Three teenagers who belonged to an illegal settler community in the occupied Palestinian lands, and went missing in mid-June, were discovered to have been murdered. As soon as the bodies of 16-year old Naftali Fraenkel and Gilad Shaar, and 19-year-old Eyal Yifrach were found, on June 30, 2014, the Israeli State and its media apparatus […]