KUALA LUMPUR, Malaysia, Jan 12 2021 (IPS) - The incoming Biden administration is under tremendous pressure to demonstrate better US economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists are already urging the next US administration to quickly embrace and deliver a new version of the Trans-Pacific Partnership (TPP).
KUALA LUMPUR, Malaysia, Oct 13 2020 (IPS) - Milton Friedman was arguably the most influential economist of the second half of the 20th century, associated with promoting ‘neo-liberal’, free-market, shareholder capitalism.
Friedman’s monetarist economics is now widely considered irrelevant, if not wrong, especially with the low inflation associated with ‘unconventional’ monetary policies following the 2008-2009 global financial crisis.
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”.
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.
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, Mar 9 2019 (IPS) - The international community must extend protections for Venezuelans in light of a growing humanitarian crisis with no end in sight.
Human Rights Watch has urged governments in the Americas to provide temporary protection to the millions of Venezuelans fleeing a severe humanitarian crisis.
SYDNEY & KUALA LUMPUR, Jul 16 2018 (IPS) - The United States has had the world’s largest trade deficit for almost half a century. In 2017, the US trade deficit in goods and services was $566 billion; without services, the merchandise account deficit was $810 billion.
Vladimir Popov is a Research Director with the Dialogue of Civilizations Research Institute in Berlin. This op-ed is based on a recent DOCRI publication (https://doc-research.org/en/).
MOSCOW, Aug 9 2017 (IPS) - Even before the imposition of new sanctions on Russia by Donald Trump and the ongoing fuss over Russian hackers undermining US democracy, Russian-American relations had deteriorated to a level not seen since the 1950s. Why?