(2024-10-30). BRICS Grows, Adding 13 New 'Partner Countries' at Historic Summit in Kazan, Russia. scheerpost.com 
(2024-10-30). Working People Place Cost Of Living As Top Concern In US Elections. popularresistance.org Just eight days remain until the people of the US head to the polls to decide their next president. The economy and inflation continues to be the top issue for voters by far, with eight in ten registered voters saying the economy will be very important to their vote according to the Pew Research Center. According to Gallup, the economy is the most important out of 22 issues voters were polled on, including "terrorism and national security", immigration, education, healthcare, and crime. | If one were to read exclusively the mainstream media, one would get the impression that all is well with the economy, that inf…
(2024-10-30). BRICS Expands, Adds 13 New 'Partner Countries' at Historic Summit in Russia. orinocotribune.com The Global South-led organization BRICS is growing. More and more countries support the group's mission: to build a multipolar world, with BRICS held a summit in Kazan, Russia in October 2024, where 13 new "partner nations" were accepted. | At this historic meeting, China's President Xi Jinping referred to BRICS as "a vanguard for advancing global governance reform" and "reform of…
(2024-10-30). China lodges representations to U.S. over investment restrictions. ecns.cn China firmly opposes the U.S.' finalizing investment restrictions on China and has lodged solemn representations, while reserving the right to take further actions.
(2024-10-30). China against latest U.S.' restrictive investment measures. ecns.cn China firmly opposes the discriminatory investment restriction measures imposed by the United States particularly focusing on the high-tech sector, and will take countermeasures if necessary, the Ministry of Commerce said on Wednesday.
(2024-10-30). EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing. aljazeera.com China's Commerce Ministry promises to take 'all necessary measures' to protect the interests of Chinese firms.
(2024-10-30). US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts. aljazeera.com Tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.
(2024-10-30). Botswana election: Who is in the running and what's at stake? aljazeera.com Some 1 million Batswana will vote amid worries about the economy as diamond dollars fall.
(2024-10-30). The BRICS Macroeconomic Policy Mix. infobrics.org The stimulus unleashed by China provided a major boost to China's market indexes, raising hopes that the country's target of 5% growth this year could still be within reach. Amid this elation there are cautionary voices that point to the insufficiency of stimulus measures as well as the need for fiscal policy to deliver more targeted support to the economy…
(2024-10-30). 5 key takeaways from Labour's first budget in 14 years. leftfootforward.org Chancellor Rachel Reeves laid out her plans to rebuild Britain once more, as she set out Labour's policies to repair public services, help those struggling to make ends meet and repair the economy.
(2024-10-30). Can US achieve solar self-reliance, and will presidential election make a difference? scmp.com As US and China battle to secure their energy futures, some predict technology breakthroughs will help level the playing field.
(2024-10-30). High street stores battle back against online world. ecns.cn Brick and mortar stores are making a comeback in Europe, signaling a lessening of consumer desire for the convenience of online shopping. And with it, they are giving an economic shot in the arm to hard-pressed high streets.
(2024-10-30). Why nations succeed or fail: a Nobel cause. uwidata.com By Michael Roberts * Daron Acemoglu, Simon Johnson and James A Robinson have been awarded the Nobel (really the Riksbank prize) in economics "for studies of how institutions are formed and affect prosperity." Daron Acemoglu is a professor at the Massachusetts Institute of Technology. Simon Johnson is a professor at the same university. And James …
(2024-10-30). Qingdao's SCO Demonstration Zone Secures $493 Million in Investment Projects. tvbrics.com 
The SCO Demonstration Zone is becoming a key trade platform promoting the development of international economic cooperation…
(2024-10-30). CADTM International Council | Day 2 | A global overview of political, social and economic situations. cadtm.org
(2024-10-30). Botswana elections: Ruling party seeks to extend 58 years in power. aljazeera.com Botswana Democratic Party remains a favourite despite slow economic growth caused by declining demand for diamonds.
(2024-10-30). The Impact of BRICS Expansion in the Middle East. infobrics.org The BRICS group is one of the most prominent emerging economic and political blocs on the global stage, especially following the announcement of expanding its membership to include countries from the Middle East and North Africa, such as Egypt, the United Arab Emirates, Ethiopia, Saudi Arabia and Iran, although Saudi Arabia has not yet officially joined…
(2024-10-30). BRICS: Navigating a Complex Economic and Political Landscape. infobrics.org Initially formed as "BRIC" — Brazil, Russia, India, China — and subsequently becoming "BRICS", with the addition of South Africa, this group of countries constitutes a unique coalition of emerging economies that collectively represent a significant counterbalance to the established economic powers of the West. Despite their collective identity, BRICS members are markedly different in many respects…
(2024-10-30). Government anchors economic growth strategy on four key areas. sanews.gov.za Government anchors economic growth strategy on four key areas | Over the medium term, government will anchor its economic growth strategy on four key areas in order to support inclusive growth. | This as Finance Minister Enoch Godongwana announced in the Medium Term Budget Policy Statement (MTBPS) speech that economic growth projections have been revised down from 1.3% to 1.1%. | Godongwana delivered the MTBPS speech in Parliament on Wednesday. | "[Our] fiscal strategy sets to out to achieve the fiscal sustainability needed to support inclusive economic growth. | "It carefully weighs competing demands, making the…
(2024-10-30). Government to launch next phase of Operation Vulindlela. sanews.gov.za Government to launch next phase of Operation Vulindlela | Government is expected to launch the next phase of Operation Vulindlela, which is aimed at accelerating the implementation of structural reforms. | This is according to the Medium-Term Budget Policy Statement (MTBPS) released by National Treasury on Wednesday. | Treasury explained that the country's economic growth prospects are closely tied to Operation Vulindlela and structural reforms to "improve competitiveness and productivity and boost investment". | "In its first phase, this initiative implemented 35 reform actions in five network industries, includ…
(2024-10-30). Reforms to attract infrastructure investment. sanews.gov.za Reforms to attract infrastructure investment | Minister of Finance Enoch Godongwana has announced reforms that will create conditions to attract greater infrastructure investment by private sector participation. | "Collectively, the infrastructure reforms will strengthen planning, appraisal, contracting, financing, and monitoring and evaluation. The outcome will be faster delivery of infrastructure that supports economic growth, the expansion of access to basic services and boosting job creation," Godongwana said on Wednesday. | Tabling the 2024 Medium Term Budget Policy Statement (MTBPS) in Parliament, the Minis…
(2024-10-30). Why nations succeed or fail: a Nobel cause. unitedworldint.com Posted by by United World International 10 Min Read October 30, 2024 By Michael Roberts * Daron Acemoglu, Simon Johnson and James A Robinson have been awarded the Nobel (really the Riksbank prize) in economics "for studies of how institutions are formed and affect prosperity." Daron Acemoglu is a professor at the Massachusetts Institute of …
(2024-10-30). West Nile leaders urge community to embrace Wendi mobile wallet to boost the region's economic potential. independent.co.ug 
Over 7500 SACCOs targeted for the financial inclusion drive Nebbi, Uganda | THE INDPENDENT | The West Nile community has been called upon to embrace digital transformation as a gateway to economic empowerment, citing Wendi mobile wallet as a key driver towards scaling up financial inclusion in the region. This appeal was made during the …
(2024-10-30). Uganda Baati launches another phase of skilling program in Tororo. independent.co.ug 
Kampala, Uganda | THE INDEPENDENT | Uganda Baati under the Safal Uganda Baati Foundation has launched the second phase of its Economic Empowerment Skilling Program targeting out-of-school youth in Tororo District. The initiative aims to address pressing social issues, including high youth unemployment and teenage pregnancies, by equipping young people with practical, employable skills. Following the …
(2024-10-30). Argentinian Analyst Atilio Borón: Role of BRICS Is Now More Important Than Ever (Interview). orinocotribune.com The leaders of the Global South and East are raising their voices for a common purpose: a multilateral, equitable and fairer world, in which the most vulnerable nations and the developing countries can unite and join forces to achieve a change. At the recently concluded 16th BRICS Summit that took place in the Russian city of Kazan, for three days leaders of emerging economies and special guests discussed the most pressing issues that the world is facing today, including sustainable development, eradication of poverty, adaptation to climate change, unilateral sanctions as a political weapon, and the war in the Mi…
(2024-10-30). Israel's anti-UNRWA laws spark fresh fears among Palestinians in West Bank and Gaza. haaretz.com In the West Bank, concerns grow that the legislation could undermine the UN agency's ability to pay salaries, worsening already high poverty and unemployment rates. In Gaza, where the agency is the sole distributor of humanitarian aid, the law's impact could be even more severe…
(2024-10-30). October 2024 Jobs Preview: What to Expect. cepr.net The July job report — with its weak job growth and rise in the unemployment rate to 4.3 percent — had many analysts worried about the prospect of an imminent recession. The August job report provided a somewhat better picture, with 142,000 jobs and the unemployment rate ticking down to 4.2 percent. The September report …
(2024-10-30). SA must manage debt better, says Godongwana. sanews.gov.za SA must manage debt better, says Godongwana | Finance Minister Enoch Godongwana has told Parliament that in order for government to achieve its goals of, amongst others, inclusive growth and reducing unemployment, the country must better manage its debt. | He was delivering the Medium-Term Budget Policy Statement (MTBPS), in which he revealed that government debt is anticipated to exceed R6.05 trillion, or 75.5 % of gross domestic product (GDP), in 2025/26. | "Debt has risen too fast and is too high. We know that our debt is unsustainable, because debt-service costs have become the largest component of our spendi…
(2024-10-30). Labour just railroaded a secretive US-UK nuclear treaty renewal deal. thecanary.co The Campaign for Nuclear Disarmament (CND) said it condemns the government's outrageous railroading through parliament of the renewal of the US-UK Mutual Defence Agreement (MDA), the secretive treaty that underpins the nuclear 'special relationship' between London and Washington. The MDA: under a cloak of secrecy In force since 1958, the MDA allows for the transfer […] | By
(2024-10-30). Labour gives a pay boost to millions of working people with a 6.7% rise in minimum wage. leftfootforward.org As a result of the increase in the minimum wage, more than 3 million low-paid workers are in line for a pay rise.
(2024-10-30). How Green, Independent, Lib Dem, SNP and Plaid Cymru MPs responded to the budget. leftfootforward.org MPs from across the political spectrum have been responding to the first Labour budget in 14 years announced by the Chancellor Rachel Reeves today. | Here's a quick rundown of what parties on the left have said about Labour's budget. | The Green Party: | While the Greens have praised some elements of the budget, they've been critical of it overall, with the party's co-leader Carla Denyer saying that Reeves delivered 'half measures'. She
(2024-10-30). Andy Burnham just SHAMED the Labour government over the bus fare cap rise. thecanary.co Mayor Andy Burnham has slammed the brakes on Keir Starmer raising the bus fare cap in Greater Manchester. Of course, there's no small amount of irony that it was a Labour Party mayor showing up a Labour Party government for the short-sighted austerity-obsessed zealots they are. Bus fare cap: Burnham slams the brakes on the […] | By
(2024-10-30). Union Drive at Missouri Cannabis Company Could Impact National Labor Law. scheerpost.com 
(2024-10-30). Macron visits Morocco as NATO-Russia war spreads across Africa. wsws.org Macron's "strategic framework" is a proposal to use Morocco as a source of cheap qualified labor and logistics to boost French corporations' profits and increase French imperialism's influence in the contested areas of the Sahel and West Africa more broadly.
(2024-10-30). ISS research provides breakthrough in cancer treatment. ummid.com International Space Station (ISS) National Laboratory in collaboration with biotechnology startup MicroQuin has conducted a space based 3D cell culture research which paves the way for treatment of all types of cancers.
(2024-10-30). BRICS Post-Kazan: A Laboratory of the Future. libya360.wordpress.com Pepe Escobar The much-awaited BRICS heads of state meeting in Russia's Kazan did not disappoint. The multilateral institution has finally brought bite and substance to many of the global financial and political conundrums that have long-challenged a genuine reshaping of the global order. The Russian presidency of BRICS 2024 could not have chosen a more…
(2024-10-30). BOC Sciences Opens Registration for the Webinar on Peptide-Drug Conjugates (PDCs). indybay.org In collaboration with Dr. Kelly Bugatti, BOC Sciences is set to host an informative webinar that will delve into the latest advancements in utilizing Peptide-Drug Conjugates (PDCs) for the targeted treatment of Pulmonary Fibrosis.
(2024-10-30). Iran moves to triple military budget amid Israel tensions. newarab.com 
Government spokeswoman Fatemeh Mohajerani outlined the move that would see "a significant increase of more than 200 percent in the country's military budget" at a news conference in Tehran, without elaborating. | Tehran ha…
(2024-10-30). Scholarship quota for undergrads doubled. ecns.cn China has recently optimized scholarships and bursary granting systems to senior high school and college students with an aim of providing financial aid to youth pursuing higher education.
(2024-10-30). The case for an eco-friendly alternative to GDP. scmp.com We need new metrics that recognise the full value of biodiversity and the ecosystem, and new financial tools that reward conservation.
(2024-10-30). Government non-interest expenditure expected to increase. sanews.gov.za Government non-interest expenditure expected to increase | Finance Minister Enoch Godongwana says government non-interest expenditure is expected to increase in 2024/25. | He was delivering the Medium-Term Budget Policy (MTBPS) statement speech in Parliament on Wednesday. | The increase is mainly attributed to: | Rollovers from the previous financial year, to the value of R2.1 billion. | R2.7 billion expenditure that was announced at the time of the main budget, mainly for the COVID-19 Social Relief of Distress Grant. | Unforeseeable and unavoidable expenditure of R2.1 billion, mainly for disaster relief. | A sp…
(2024-10-30). Government to establish unit to deal with money laundering. sanews.gov.za Government to establish unit to deal with money laundering | As part of efforts to exit the Financial Action Task Force (FATF) grey list, government will establish a shared forensic capability within the Financial Intelligence Centre to strengthen efforts to exit the grey list. | "From the 2025 Medium‚ÄêTerm Expenditure Framework (MTEF) period onwards, funding will be reprioritised within the function to departments and entities to establish a shared forensic capability within the Financial Intelligence Centre," National Treasury's document on the 2024 Medium Term Budget Policy Statement (MTBPS)…
(2024-10-30). From Penthouse to Courtroom: The Redemption of Nishad Singh. devdiscourse.com In a striking courtroom decision, former FTX executive Nishad Singh was spared prison time on Wednesday, following his cooperation in one of the U.S.'s most significant financial fraud cases. Singh, once a close associate of disgraced FTX founder Sam Bankman-Fried, assisted prosecutors by confessing his involvement.
(2024-10-30). Lifting Sanctions on Iran, Threatening Sanctions on Israel, Enabled Israel-Hamas War: Former Ambassador Friedman to TML. themedialine.org 
(2024-10-30). Former US Envoy Friedman: American Foreign Policy Shifts Fuel Middle East Conflict. themedialine.org 
(2024-10-30). Meta's Mixed Signals: High Revenue Meets Rising AI Costs. devdiscourse.com Meta Platforms, the proprietor of Facebook, surpassed third-quarter revenue and profit expectations, yet sent mixed signals due to anticipated increases in infrastructure spending for artificial intelligence.
(2024-10-30). Public Employees Pass Strong Resolution To Divest From Apartheid Israel. popularresistance.org St. Paul, MN — MAPE, the Minnesota Association of Professional Employees, is an independent union representing approximately 15,000 employees of the State of Minnesota. At their October 26 delegate assembly, MAPE approved a resolution titled "Supporting a Ceasefire and Divestment in Israel-Palestine." It included strong steps towards divesting both MAPE and Minnesota's State Board of Investments (SBI) from apartheid Israel. The MAPE Ceasefire Caucus organizing team had conversations with nearly every delegate over the last six weeks in preparation for the vote, which ended up with 82 for, 49 against, with 1…
(2024-10-30). China to build over 3,700 cities for zero-waste future. tvbrics.com 
The project has received over US$140 billion in investment…
(2024-10-30). Egypt and UAE discuss strengthening bilateral cooperation in the field of water resources development. tvbrics.com 
The two sides discussed opportunities for Emirati investments in Egypt and exchange of experience in water resources management…
(2024-10-30). Saudi minister says reforms 'on track' despite 'challenges'. newarab.com 
"We're not shying away from the challenges ⚪ challenges in relation to human resource and ability to execute," Mohammed al-Jadaan told a panel at the Future Investment Initiative in Riyadh, sometimes dubbed "Davos in the desert". | Because of these challenges the government was "recalibrating our plans", trying not to overh…
(2024-10-30). This disaster relief nonprofit is pioneering a clean energy alternative to noisy, polluting generators. grist.org 
Seventeen days after Hurricane Helene devastated western North Carolina, tearing down power lines, destroying water mains, and disabling cell phone towers, the signs of relief were hard to miss. | Trucks formed a caravan along Interstate 40, filled with camouflaged soldiers, large square tanks of water, and essentials from pet food to diapers. In towns, roadside signs — official versions emblazoned with nonprofit relief logos and wooden makeshift ones scrawled with paint — advertised free food and water. | And then there were the generators. | The noisy machines powered the trailers where Asheville…
(2024-10-30). Compassionate industrialist Ratan Tata dies at 86. independent.co.ug 
He cared about employees and citizens as well as profit OBITUARY | THANKOM ARUN | Professor of Global Development and Accountability, University of Essex Ratan Tata, who has died at the age of 86, was a giant of global industry, whose interests included cars, steel, hotels, travel and tea. But he was also hailed as a visionary …
(2024-10-30). Trump and Musk are a match leading us to Hell. nationofchange.org The two dangerous demagogues are openly colluding with one another to seize political power so they can milk taxpayers and dismantle government regulations that protect the public.
(2024-10-30). My Family Lived the Horrors of Native American Boarding Schools: Why Biden's Apology Doesn't Go Far Enough. counterpunch.org 
On Oct. 25, 2024, Joe Biden, the first U.S. president to formally apologize for the policy of sending Native American children to Indian boarding schools, called it one of the most "horrific chapters" in U.S. history and "a mark of shame." But he did not call it a genocide. Yet, over the past 10 years, many historians and Indigenous scholars have said that what happened at the Indian boarding schools "meets the definition of genocide."
(2024-10-30). Spain cancels purchase of police ammunition from Israeli firm. newarab.com 
Spain's Interior Ministry said on Tuesday it was cancelling a contract to buy ammunition from an Israeli firm, widening a Spanish pledge Cadena Ser radio earlier reported that the Guardia Civil police force had agreed to buy more than 15 million 9-mm rounds for six million euros ($6.48 million) from Guardian LTD Israel. | Spain said it would stop arms sales to Israel in October 2023 when Israel's war on the devastated territory began. | "The Spanish gover…
(2024-10-30). Xi calls for continuously developing socialist culture with Chinese characteristics for new era. ecns.cn On the afternoon of Oct 28, the Political Bureau of the Communist Party of China (CPC) Central Committee held its 17th group study session. The topic was on developing a strong culture in China.
(2024-10-30). Cattle Dog Gusto: How Bluey Conquered the United States. counterpunch.org 
For decades, the cultural phenomenon known as Americanisation has taken place with diffusing ease. Momentum was gained with the retreat of communism from Europe's eastern states with the end of the Cold War and the eventual termination of the Soviet Union in 1991. Global brands of Americana from fizzy drinks to Dallas became pervasive cultural presences. Not even children's programming
The programme plays an important role in achieving the government's goal of doubling exports in priority sectors…
Richard Medhurst's MP told Starmer state's targeting of journalists is 'restrained' Security minister Dan Jarvis, a former soldier and Labour right-winger — of course, since he's in Keir Starmer's government — has given a chilling reply to Sarah Owen, the MP of journalist Richard Medhurst, who was targeted by anti-terror police as he returned to …
The Al-Mezan Center for Human Rights has issued the following statement: The Israeli military is currently besieging and targeting the three main hospitals in the North Gaza Governorate—Al-Awda Hospital, Kamal Adwan Hospital, and the Indonesian Hospital—ordering everyone inside to leave the facilities. Medical personnel, the wounded, sick patients, including children and newborns, women in labor, …
PostBank's 5-year transformation journey bears fruit ANALYSIS | THE INDEPENDENT | Over the past few years, PostBank Uganda has embarked on an ambitious journey to revamp its operations, harness technology, and redefine customer experience. For a fully government owned financial institution, embracing transformation has been a strategic imperative. In a rapidly evolving financial landscape, innovation and …
Today, we are smothered in a fake storyline, a fake origin myth for economics. Margaret Thatcher typifies this attitude. You have to pay the debts. You have to let the rich people take over because they get wealthy. And unequal wealth is what civilization is all about. The ability of wealthy people to crush and destroy civilization is Western progress. 
The Republican candidate's camp has filed a complaint with the Federal Election Commission in Washington, calling for an investigation into what it termed apparently ille…
The over-focus on expanding housing supply through for-profit development misses a key contributor to the housing crisis: the concentration of wealth and power. The challenges of the U.S. housing crisis go beyond supply or fixing local land use regulations. The billionaire class and billionaire-backed private equity investors have become a driving force in the U.S. housing crisis. 
On the second day of the BRICS Summit in Russia, the leaders of developing countries issued the Kazan Declaration. It outlines common goals in global issues, with more cooperation to de-escalate conflicts and work on improving the financial system. Chinese President Xi Jinping stressed the importance of the role of the bloc's members in an increasingly turbulent world. | Our guests: | Anton Fedyashi…
"UNIFIL Peacekeeper Patrols 'Blue Line'" by United Nations Photo is licensed under CC BY-ND 2.0. By The Cradle Israel's military has attacked UNIFIL troops deployed on the Lebanon—Israel border a dozen times, including possibly with white phosphorus, the Financial Times (FT) reported on 22 October. According to a confidential report prepared by a country contributing troops to the UN mission, …
The polls are tightening as the presidential election races toward its final week, and it's clear that successfully blocking Trump is going to hinge on turnout. But with the Harris campaign spending considerable time showcasing its big-name Republican endorsers and refusing to differentiate itself from the Biden administration when it comes to enabling Israel's genocide …
An increasingly assertive group of African nations are constraining the ability of Canadian companies to profit from resources.
The initiative to foster skilled artisans and modernise vocational education aims to boost industrial talent and drive national growth…
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns mainstream American economist Mohamed El-Erian. Countries are seeking financial alternatives, especially Global South nations around BRICS.
New institutional economics has received another so-called Nobel prize, ostensibly for again claiming that good institutions and democratic governance ensure growth, development, equity & democracy.
At the end of October, the United Nations General Assembly, for the 32nd consecutive year, will be voting on a resolution submitted by Cuba claiming "the necessity to put an end to the economic, commercial, and financial blockade imposed by the United States of America against Cuba." As they do every year, the delegates will most likely …
A delegation of Indian businessmen is visiting Zimbabwe in a bid to explore investment opportunities in the country based on its potential economic growth…
A UK minister has told parliament that arms exports to Israel comply with UK Labour Minister It comes a…
SEATTLE—Flak flew against Machinists leaders as 32,000 members who work for Boeing in Seattle, Everett, and elsewhere around Puget Sound in Washington and another 1,200 who toil in Portland, Ore., went to the polls on October 23 to vote on a second tentative agreement with the giant, but financially reeling, aircraft maker. There were two …
Whoever owns the narrative owns the world—and things just got a lot tougher for those of us opposed to the metastasising brain cancer known as U.S. influence campaigns—or "perception management".
The far-right Heritage Foundation may have drafted its Project 2025 as an ambitious agenda for a second Trump presidency, but Republicans in Congress aren't waiting around for that. GOP lawmakers in the House of Representatives have already added more than 300 Project 2025 poison pills into draft government spending bills that must be passed before …
The initiative will focus on enhancing research infrastructure and supporting innovation-driven projects…
Saudi Arabia ranked first in the list of BRICS countries with the highest investment in Egypt…
Space companies in India are leading the way with affordable satellite production, attracting global attention and investment…
Dear Prime Minister, | We, the undersigned humanitarian, religious, community and civil society organizations from all over Canada, express profound alarm at the rapidly worsening situation in northern Gaza. Civilians are being burned alive in an ongoing campaign of violence that has reached unimaginable levels of brutality. | The humanitarian infrastructure has completely collapsed — no clean water is available, with 
Ethiopia's transport and logistics ministry strengthens services for economic growth‚Å…
He also noted the importance of expanding trade and economic relations…
Egypt's President "If these challenges will make us put unbearable pressure on public opinion, then the situation must be revie…
A policy brief by 3 top economists warns continent is in the worst crisis in 80 years ANALYSIS | RONALD MUSOKE | Africa has long struggled with a silent debt crisis, one that has exacerbated its vulnerability to climate shocks and constrained its economic potential. It is time to give voice to these challenges and address …
Egyptian security forces arrest economist Abdel Khaleq Farouk | Farouk was detained previously in 2018 after the publication of a book criticising the government's economic policy | | Economist Abdel Khaleq Farouk was detained by security forces on Sunday and taken to an unkn…
UN rapporteur criticises London School of Economics for 'measures' against pro-Gaza students | The school has placed seven students in 'precautionary measures' over a protest held on 7 July | | A file image of a Palestinian protester in London on 4 August (AFP) | The UN special rapporteur on peac…
An old theme within social theory holds that societies with very unequal distributions of wealth can sustain their social cohesion so long as total wealth is growing. Such total growth enables all who get a distributed share of that wealth—even those with the smallest shares—to experience at least some increase. The rich with the biggest shares can grab most of the growth so long as some is provided to those with small shares. The pie analogy works well: so long as the pie is growing all distributed shares of it can also grow. Some will grow more, others less, but all can grow. If all do grow, social…
Israeli jets hit financial institutions as they pound Beirut and southern Lebanon | US envoy arrives in Beirut to try and negotiate resolution to violence in Lebanon | | An overnight Israeli air strike targeted a branch of the Al-Qard Al-Hassan finance group in Beirut's southern suburbs on 21 Oct…
This renewed partnership sets the stage for significant growth in the tourism sectors of both nations…
Following a six month back-and-forth with a climate think tank, the Independent Press Standards Organisation (Ipso) has now upheld a complaint against the newspaper over an article published in April this year, which claimed there had been a "fall in weather [related] delays" on the rail network. | The story claimed that it "eroded" the Network Rail chief's warnings over the impact of climate change on the sector. | But in response to a complaint from the non-profit Energy & Climate Intelligence Unit, which tackles misinformation on the climate crisis, Ipso found that the article's headline and opening sente…
This story originally appeared in Striking union members who work for the aerospace giant Boeing reached a tentative contract agreement Saturday after nearly 6 weeks on the picket line demanding better wages and benefits. | The International Association of Machinists (IAM) and Aerospace Workers District 751, which has been on strike since September 13, announced the breakthrough in a statement and B…
It has been a safe assumption for generations that young people tend to be more liberal than their elders. However, in today's United States, some of the conventional wisdom around age and ideology is being upended. Young women are moving farther to the left than expected while their male peers are disturbingly tending toward conservatism, even in comparison to older men. The reasons behind this cleaving, broadly speaking, stem from the twilight of patriarchy and the failure of capitalism. 
It includes key components and technologies such as basic chips, sensors, computing platforms and chassis control…
A large body of scholarship has emerged in recent years attempting to assess if Amazon is a monopoly. Such accounts generally define monopoly in terms of the neoclassical "quantity theory of competition," which measures competition by the number of sellers in a market. 
Diesel and gasoline prices will increase by between 11% to 17% effective immediately, the government said. | "The state will c…
The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a report detailing plans to transform the international monetary and financial system.
In the last 20 years, China, Russia, India and Iran are blossoming in harnessing energy and building infrastructures. Economically BRICS currency will eventually marginalize the dollar. What is amazing to us is the vast denial system that Mordor and its vassal has hypnotized itself into believing. Bruce Lerro's article is about how the ideology of Eurocentrism, paternalism, racism and imperialism keeps the West in a fog about how bad its situation actually is.
Daron Acemoglu, Simon Johnson and James A Robinson have been awarded the Nobel (really the Riksbank prize) in economics "for studies of how institutions are formed and affect prosperity."
A delegation from Jiangsu has arrived for talks at the New Administrative Capital…
Several international organisations are now engaged in the business of measuring what they call "poverty".
Scottish voters hate what they've seen of Starmer and mini-Starmer Sarwar Voters in Scotland and around the UK are continuing to abandon Keir Starmer's Labour, causing a collapse in the party's projected number of parliamentary seats at the next election regardless who is leading the Tory party, according to the latest poll of Westminster voting …
BRUSSELS | Xinhua | A forum on green industry cooperation between China, the European Union (EU), and Africa has underscored opportunities for technological collaboration and sustainable practices, particularly the use of bamboo as an alternative to plastic. The forum, co-hosted on Thursday by the Chinese Mission to the EU and the International Bamboo and Rattan …
By Ralph Nader / 
By Kit Klarenberg — Oct 13, 2024 | All my investigations are free to access, thanks to the generosity of my readers. Independent journalism nonetheless requires investment, so if you took value from this article or any others, please consider sharing, or even becoming a paid subscriber. Your support is always gratefully received, and will never be forgotten. To buy me a coffee or two, please Leaked files expose the intensive interest taken in Palestinians by British intelligence operatives, and Foreign Office-funded and d…
Uganda is one of the "fresh" places with a massively growing gaming market. And even though it comes with some regulations regarding gaming and betting, they are still not entirely developed and in some aspects are also weak. That's the very reason why there is an urgent necessity for alternative gambling balancing tools …
Western observers have treated inequality as a domestic issue but this framing often overlooks the plight of hundreds of millions of impoverished people around the world COMMENT | KENNETH ROGOFF | In 2014, the French economist Thomas Piketty's Capital in the Twenty-First Century became an international sensation, reshaping the inequality debate and launching its author into …
Update on the conflict in Ukraine for October 20, 2024… | Ukraine unveils its "victory plan," including membership in NATO, additional weapons, and all restrictions on their use lifted; | Ukraine has also warned that it will pursue nuclear weapons if NATO membership is not granted; | No aspect of the "victory plan," or the pursuit of nuclear weapons acknowledges the disparity between Ukraine, its Western sponsors and Russia in terms of military industrial capacity or trained manpower; | Western-Ukrainian escalation with Russia at this juncture risks forcing a greater imperative for Russia in expanding the sc…
The 5G network already covers all 36 states in India…
The leaders of Southeast Asian countries gathered in Laos this year for the annual ASEAN summit. Among areas of focus, they agreed to upgrade a free trade agreement with China. What is the importance of Southeast Asia for the global economy? | Joining the discussion: | 
Turkish-American academic Daron Acemoglu won the 2024 Nobel economics prize "for studies of how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said on Monday. | U.S.-based academics Simon Johnson and James Robinson also won the prize. | The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final prize to be given out this year and is worth 11 million Swedish crowns ($1.1 million). | "Reducing the vast differences in income between countries is one of our time's greatest challenges. The laureates have de…
Iron Sheets Case: Minister Lugoloobi Asks Court to Acquit Him Kampala, Uganda | THE INDEPENDENT | The Lawyers representing State Minister for Economic Monitoring Amos Lugoloobi who is accused of dealing with suspect property after receiving iron sheets meant for vulnerable people of Karamoja have asked the Anti Corruption to acquit him. The submissions were …
The Labour government just announced a £1.1bn investment in a Stansted Airport expansion over the next five years, ultimately showing how little it cares about the planet and climate crisis: We are pleased to today release details of a £1.1bn investment programme in @STN_Airport over the next five years ‚úàÔ∏è Announced as part of the […] | By 
Egypt has recently In collaboration with the United Nations Development Programme (UNDP), the Global Fund for Coral Reefs, and the United States Agenc…
As Republican presidential nominee Donald Trump campaigns for a second term in the White House, the former president has repeatedly promised to enact the largest deportation of undocumented immigrants in U.S. history. It's a bold threat that legal experts say should be taken seriously, despite the significant technical and logistical challenges posed by deporting Even if only somewhat successful, Trump's hard-line approach to immigration — with it…
Last academic year saw university students across North American campuses form Gaza solidarity encampments to protest Israel's ongoing genocide of Palestinians and their universities' financial complicity in the carnage. The sit-ins received widespread media coverage and helped carry Israel's crimes against Palestinians to the top of the Western news agenda. Although these campus protests were overwhelmingly peaceful 
About 200 demonstrators protesting The protesters chanted "Let Gaza live!" and "Up up with liberation, down down with occupation! in front of the stock exchange's landmark building in lower Manhattan. | "The reason we're here is to demand that the US government stop sending bombs to Israel and stop profiti…
On 3 October, Israeli military forces struck a Lebanese Armed Forces (LAF) post in Bint Jbeil in southern Lebanon, During the incident, and for the first time since hostilities began in October 2023, Lebanese soldiers 
This month we are re-publishing our conversation with Steven Attewell along with a new written transcript and episode graphic. Attewell is author of the incredible book, People Must Live by Work: Direct Job Creation in America from FDR to Reagan, published in 2018 by University of Pennsylvania Press. The book examines the history of job creation programs in the United States from the Great Depression to the Humphrey-Hawkins Act of 1978.
In July 2024, the Council Office of Financial Analysis (COFA) reported that Chicago, Illinois, was witnessing a struggling job market, a decrease in multifamily housing starts, and a rise in single-family home prices. The following month, the City of Chicago's 2025 Budget Forecast projected a $982.4 million budget gap for the fiscal year. Budget gaps can often result in 
Many maritime crimes negatively impact oceanic health, such as illegal fishing or harvesting, ocean dumping, and polluting. In addition to overfishing, where necessary species are removed from the food chain, and accelerating biodiversity loss, unsustainable industrial development along coastlines has also contributed to ocean pollution. "All of these threats erode the capacity of the ocean to provide nutritious food, jobs, medicines, and pharmaceuticals as well as regulate the climate," stated a 2020 article in the journal Nature. "Women, poor people, Indigenous communities, and young people are most affected."
International tourism contributed approximately US$5.46 billion to the country's economy in 2023…
Over the past few years, numerous West African states have taken steps toward greater economic and security sovereignty, often in opposition to Western (specifically French) designs on the region.
Free markets? Free trade? The modern economic world has little time for these erroneous, misdirected terms. More evident are the feelings of resentment, prejudice and indignant parochialism more accurately called My Country First, and Everyone Else Last. Back your industries; hobble the competitors. And everyone is doing it, except certain ideologues who, childishly, cling to the view that there ever 
Ministers of the two countries discuss mutual investment strategy…
Prologue: The ambiguous dream of Western civilization The idea of Western civilization has always been an ambiguous dream among rulers and thinkers in Europe and North America. It sounds good, yet industrialization, the two world wars of the twentieth century, and American planetary hegemony, all but transformed the idea of Western civilization into a dream. 
The message below is excerpted from an Oct. 9 statement posted on 
"We are going to be Earth's best employer | and Earth's safest place to work." ( At the end of March 2021, a unionization drive in Bessemer, Alabama, by the Retail Workers (RWDSU) — one of the earliest attempts to organize an Amazon FC (Fulfillment Center) — failed to get the requisite numbers for certification. The campaign nevertheless highlighted workers' frustrations over health and safety and created anxieties among Amazon executives over future unionization drives. | That apprehen…
We will tell you what has happened in economics, politics, culture, science and education in the BRICS countries…
African countries' large and growing debt burdens have become a major obstacle to poverty reduction COMMENT | KENNETH ROGOFF | How long can the complacent West continue to ignore Africa's sovereign-debt crisis? As African countries grapple with unsustainable debt burdens, restructuring negotiations with Western governments and multilateral institutions such as the International Monetary Fund have …
Supposedly aiming to reassure 'the City', Nu-Labour's re-commitment to cuts has trashed confidence worse than the shortest-lasting PM in history Keir 'Starver' Starmer and Rachel 'Freeze' Reeves are said to be pursuing their programme of cuts and austerity to keep poor children hungry and condemn thousands of pensioners to die each winter — and who …
LONDON | Xinhua | As the United Kingdom's Labour government marks 100 days in office on Saturday, political commentators are markedly less enthusiastic than in the aftermath of the party's landslide win in the July 4 general election. Instead, they are asking whether Labour will be able to get back on course after an apparently …
Port and logistics firm 
Music and conversation are muted as anti-genocide march passes in silence — except at one US-themed bar Liverpool's Bold Street, the busiest in the city for dining and socialising, fell into an eerie quiet this afternoon as a march for Gaza and against Britain's complicity in Israel's genocide — silent today for a large part …
Malawi have called on the government to reassess its position on the Gaza conflict, criticising its diplomatic and economic ties with Israel as a contradiction to the nation's core values of peace and respect for humanity. | Malawi Palestine Solidarity Movement (MPSM), a leading pro-Palestine organisation in the country, issued a statement on Monday to demand the government to withdraw its support, amid intensifying calls globally to hold Israel accountable for 
It is more than a bit bizarre reading pieces that talk about automation or job-killing AI as something new and alien. These are forms of productivity growth. They allow more goods and services to be produced for each hour of human labor. Productivity growth is usually thought of as a good thing. It's the reason 
rop. 6, appearing on the ballot Nov. 5, would amend the California constitution's forced labor clause, giving prisoners the right to refuse work without retaliation by prison or jail officials.
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda and Prudential Uganda have concluded a strategic partnership aimed at deepening access to financial services and providing long-term financial security solutions to customers. This collaboration marks a significant milestone in both organizations' commitment to enhancing financial inclusion and delivering exceptional value to clients. Through …
Credit card data is extremely valuable for companies aiming to predict how people will spend money in the future. Knowing how much people spend, where and on what day says a lot about consumers' financial situations.
This becomes the fifth concession acquisition in the past seven years Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Distribution Company Limited (UEDCL) has officially taken over Kilembe Investments Limited (KIL), a rural power distributor in Uganda's Western Service territory, marking the fifth concession acquired by UEDCL. The handover ceremony, held on Sept.30 at Rwenzori Square …