Citing canard that moderates are more inclined to respect Republicans on national security matters, libertarians and Grover Norquist call for defense cuts than Democrats.
Organized crime in Bulgaria dates its inception to the demise of communism, but has already become a tradition.
Even though President Ben Ali and his wife have used privatization as an excuse to buy up state property at bargain basement prices, the U.S. still supports them.
The dominant mood in liberal economic circles as 2010 drew to a close, in contrast to the cautiously optimistic forecasts about a sustained recovery at the end of 2009, was gloom, if not doom. Fiscal hawks have gained the upper hand in the policy struggle in the United States and Europe, to the alarm of spending advocates like Nobel laureate Paul Krugman and Financial Times columnist Martin Wolf who see budgetary tightening as a surefire prescription for killing the hesitant recovery in the major economies.
Halliburton made no effort to hide its displeasure at being fleeced by private security companies — beaten at its own game, in other words.
By embracing the wave of globalization sweeping the world in the 1990s, Ireland was able to nurture the fastest growing economy in Europe, dropping unemployment to 5% and raising per capita GDP to one of the highest in the world. But, as the recent collapse of the Irish economy demonstrates, this was not sustainable growth.
When Ok Chin was a child, her mother brought her to an orphanage. The family was poor, and her mother heard that the girl would get fed and clothed. Ok Chin would get an education. Maybe if the family’s fortunes improved, she could rejoin her brothers and sisters.
What happened next was unexpected.
The financial collapse of Ireland, coming as the latest in a string of disasters, hardly shocks global public opinion. For people engaged in the development debate, however, it is resonant with meaning.
Many economic justice activists felt intimidated by the complexity of the Third World debt crisis in the 1980s and overwhelmed by the intricacies of the World Trade Organization in the 1990s. Now people are facing a confounding global financial catastrophe, and though we certainly need more activist education on the workings of financial markets, it’s remarkable to see how much progress civil society has made since the 2008 crash.
China’s hostility toward African traders in its midst mirrors its ambivalence over its integration into the world economy.