Issues / Labor, Trade, & Finance

War, instability, and high oil prices have created a perfect storm of profit for the world’s weapons manufacturers. This year, FPIF columnist Frida Berrigan reports, defense military analysts predict the biggest arms bonanza since 1993 ... which is saying something because in the aftermath of the first Gulf War the global industry reaped the benefits of a $42 billion arms race.

Chain-Gang Economics

China and the United States are sustaining the global economy. But as FPIF columnist Walden Bello points out, this linked relationship is part of the problem, not part of the solution.
On the eve of their summit in Singapore, the World Bank and IMF are in serious trouble, from a democratic deficit to a serious economic shortfall. Columnist Walden Bello writes about the event he was banned from attending.
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