Financial 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?
UNITED NATIONS, Jun 24 2017 (IPS) - Migrant workers, and their economic contribution to the development of both the country of origin and the host country, have caught the eye of governments and policymakers worldwide.
UNITED NATIONS, Jun 19 2017 (IPS) - As UN staffers in Geneva threaten a strike, protesting a proposed salary cut of over 7.5 percent, a token two-hour “work stoppage” last week forced the Human Rights Council to suspend its meeting.
UNITED NATIONS, May 30 2017 (IPS) - Facing significant reductions in US financial contributions from a politically-unpredictable Donald Trump administration, the UN Secretariat is gearing itself for a rash of austerity measures and budgetary cuts, including downsizing peacekeeping operations and cuts in development aid, reproductive health and overseas travel.
Roberto Savio is co-founder of Inter Press Service (IPS) news agency and its President Emeritus. He is also publisher of OtherNews.
ROME, Feb 21 2017 (IPS) - Let us stop debating what newly-elected US President Trump is doing or might do and look at him in terms of historical importance. Put simply, Trump marks the end of an American cycle!
ALICANTE, Spain, Aug 2 2016 (IPS) - The US mountain, so rich in human talent, labored and produced the two dwarfs for the huge job. A radical Republican strongman[i] and a conventional Democrat, disliked by 62% and 67%–bad for electing the president of a country that still puts some stamp on the world.
OSLO, Aug 1 2016 (IPS) - Physicians have a sacred duty to their patients, whose lives are in their hands. The practice of medicine is not a business like any other business. There are questions of trust and duty involved. The physician’s goal must not be to make as much money as possible, but rather to save lives.
ROME, Jul 26 2016 (IPS) - A Chinese curse is “May you live in interesting times”. That meant that too many events would disrupt the essential elements of harmony, on which the Chinese pantheon is based.
We certainly live in very interesting times where every day dramatic events pile on us, from terrorism to coup d’etat, from climate disaster to the decline of institutions and ever increasing social turmoil. It would be important, even if very difficult, to look in a nutshell why we are in this situation now – “lack of harmony” . So here goes a dramatically compressed explanation.
Miriam Pemberton directs the Peace Economy Transitions Project at the Institute for Policy Studies.
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