SYDNEY and KUALA LUMPUR, Nov 2 2020 (IPS) - US third quarter GDP numbers released two weeks ago delighted stock markets and President Trump. Output had picked up by 7.4%, annualised as 33.1%, the largest quarterly economic growth on record, almost double the old record of 3.9% (annualised as 16.7%) in the first quarter of 1950, seven decades ago.
NEW YORK, Oct 21 2020 (IPS) - The fallout of the COVID-19 pandemic continues: as more people around the world lose their livelihoods, human trafficking is on the rise. Support services for survivors have been shut, and past gains to combat it have been reversed. Funding has dried up.
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”.
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.
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.
NEW YORK, Jan 14 2020 (IPS) - To live in a home with family, to have a safe environment, food and basic human necessities, are some of the essentials that most people expect to have without giving it all much thought. When a child is born, parents or caregivers are likely to provide these things. These expectations get renewed whenever someone gets married and moves to a new home, a different neighborhood, or a city. We can hardly find someone who will say that they were not expecting happiness and safety when stepping into a new relationship, or starting a new chapter of life. But these expectations of a better life turn disastrous for millions of people when they step into another country as a dependent.
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.
MIAMI, Feb 20 2019 (IPS) - Inaccessible justice and socio-economic inequality act as core components of the United States criminal justice system.
Thousands of individuals are denied their basic human rights and treated as a criminal “underclass” in what appears to be a perfectly “legal” and “just” system.
BELGRADE, Serbia, Dec 18 2018 (IPS) - Entire human history is one great struggle for freedom. To many, slavery is a synonym for something in the past, for transatlantic slave trade, but, unfortunately, slavery still exists in many different forms.