In the Philippines, as in the U.S., the “left” presents itself “the ‘progressive’ tail of the liberal elite.” Our campaign made room for an actual progressive agenda.
America should worry less about China’s economic success and more about a potential Chinese financial implosion.
Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?
Developed countries are still using the WTO to squeeze small farmers in the developing world–and developing world governments are going along with the charade.
The super typhoon that just hit the Philippines should be a wake-up call for climate-change negotiators in Warsaw.
Hugo Chavez put an end to the reign of neoliberal IMF policies that had impoverished the masses of Latin America and inaugurated a new order of resource nationalism and income redistribution that favored the poor and the marginalized.
At a World Social Forum event in 2006, Walden Bello warned that the Doha Round of the World Trade Organization (WTO) was careening down a track to disaster. Civil society needed to insist that negotiators pull back before the Round went off a cliff, the founder of Focus on the Global South said. Although the global economy has certainly changed since then, the WTO seems stuck on the same track.
This whole week, beginning March 31, the United Nations Ad Hoc Working Groups on climate change are meeting in Bangkok in the critical first round of negotiations to follow up on the resolutions of the climate talks in Bali in December.
Skyrocketing oil prices, a falling dollar, and collapsing financial markets are the key ingredients in an economic brew that could end up in more than just an ordinary recession. The falling dollar and rising oil prices have been rattling the global economy for sometime. But it is the dramatic implosion of financial markets that is driving the financial elite to panic.
Last month’s conference on climate change in Bali, Indonesia, brought the North-South fault line in climate politics into sharp relief. While U.S. intransigence on the question of mandatory cuts in greenhouse gas emissions took center stage, not far behind was the issue of what commitments fast-growing developing countries like China and India should make in a new, post-Kyoto climate change regime.