Economy & Trade
SYDNEY and KUALA LUMPUR, Jul 7 2020 (IPS) - In his early February annual State of the Union address, US President Donald Trump typically hailed his own policies for increasing wages and jobs to achieve record low US unemployment. Directly appealing to labour for a second term, Trump claimed exclusive credit for the US “blue-collar boom”.
As the COVID-19 pandemic worsened in April, many Americans were shocked by the extent that black Americans were being disproportionately impacted: higher infection rates, more deaths and greater job loss. But many black Americans were not surprised. This is not new. The same dynamic has been going on at times of crisis for decades and […]
MEXICO CITY, Apr 21 2020 (IPS) - As the high season for agricultural labour in the United States approaches, tens of thousands of migrant workers from Mexico are getting ready to head to the fields in their northern neighbour to carry out the work that ensures that food makes it to people’s tables.
KUALA LUMPUR, Malaysia, Mar 11 2020 (IPS) - The US is currently still in a stock market bubble which, if history is any guide, is likely to end, as argued by Thomas Palley. While President Trump would, of course, like to sustain it to strengthen his November re-election prospects, the Covid19 black swan is already showing signs of pricking the bubble
KUALA LUMPUR, Malaysia, Mar 10 2020 (IPS) - The US is currently still in a stock market bubble which, if history is any guide, is likely to end, perhaps soon due to Covid19. President Trump would, of course, like to sustain it to strengthen his November re-election prospects.
STOCKHOLM / ROME, Mar 3 2020 (IPS) - The great American impeachment show has ended not with a bang, but with a whimper. The dirt was washed away from President Trump, the perfect Teflon Guy. Maybe his invulnerability comes from the fact that he appears to be more of a brand than a real person, adapted to a frame of mind that increasingly dominates social media – cheap entertainment, shallowness, vulgarity, invectives, and catchy phrases without support in well-founded facts. Trump is all and nothing, a shape shifting trickster pretending to be the role model for voiceless masses.
SYDNEY and KUALA LUMPUR, Feb 25 2020 (IPS) - Meeting the President of the Republic of Korea in September 2019, President Donald J Trump bragged that the “US economy is the envy of the world”. Trump reiterated such claims in his State of the Union address in early February, hailing his own policies with typical humility.
UNITED NATIONS, Oct 2 2019 (IPS) - Financiers in Wall Street, the City of London and other banking centres should play a bigger role in freeing the millions of people who endure slave-like working conditions globally, according to a new study.
UNITED NATIONS, Sep 27 2019 (IPS) - A week ago, downtown New York witnessed one of the most historic moments in the climate action moment — hundreds of thousands of people attended the Climate Strike, where teen activists delivered powerful speeches and blows to world leaders for not taking climate change seriously.
STOCKHOLM / ROME, Jun 17 2019 (IPS) - A friend of mine who became wealthy as an art dealer but eventually lost his fortune told me: “Money isn´t everything, but it helps.” This made me think of Donald Trump, who likes to describe himself as an entrepreneur, i.e. ”owner of a business enterprise who, by risk and initiative, attempts to make profits.”1 The keyword is profits. According to Trump, success is measured through wealth. Like chess and poker, entrepreneurship is about winning and losing. Trump characterizes people he dislikes as losers, while he considers himself to be a winner.
IPS Daily Report
- Building Back Greener in Africa July 7, 2020 Umberto Labate
- Innovative Financial Approaches Key to Unleash SIDS Economic Potential July 7, 2020 Ambassador Lois M Young
- Online Education Moved to Top of Agenda by Indian State after IPS Reports Risks of Unequal Access July 7, 2020 Manipadma Jena
- Non-formal Education Helps Senegalese Women Combat FGM and Harmful Practices July 7, 2020 Stella Paul
- Donald Trump, Working Class Hero? July 7, 2020 Anis Chowdhury and Jomo Kwame Sundaram