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 […]
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 […]
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 […]
Birmingham Citizens Fight Islamophobia: Hatred Is Not a ‘Core British Value’
Birmingham, a multi-cultural and multi-ethnic city of about one million in the United Kingdom, is reeling from the so-called Trojan Horse affair: a supposed clandestine agenda to radicalize schools that is described in an anonymous letter widely held to be a hoax. In an overwhelming show of opposition to government-driven Islamophobia, people from all backgrounds, […]
BRICS’ Economic Power: China Makes Strides in Latin America
It is no secret that China is changing Latin America. Heedless of Washington’s interests, China, one of BRIC’s (Brazil, Russia, India, China, South Africa) most powerful members, is enriching the region for reasons all its own. Along with a handful of other Asian nations, China has even raised the prices of many Latin American exports—something […]
