Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?
Posts Tagged: Finance
Europe is way ahead of the U.S. in curbing dangerous high-speed financial speculation that adds nothing of value to the economy.
Bribery and sweetheart deals are a curse for democracy and civil society. But as columnist Walden Bello explains, corruption is not the principal cause of global poverty.
IMF's SDR "currency" may be best tool to combat crisis in developing countries.
Corruption isn't just about corrupt leaders and their private stashes. The international financial community is also part of the problem.
Even the world's top financiers are beginning to panic.
Ten years after the Asian financial crisis, the Pacific economies have yet to really recover. Meanwhile, as columnist Walden Bello argues, finance capital resists any form of global regulation, making more financial crises likely.