Modern capitalism began in England in the 17th century and spread eventually throughout the world. Its particular evolution produced a global economy organized around centers and a periphery (colonized economically and often politically as well). ...
Pompeo’s assertion that Hong Kong no longer deserves special treatment could have wide-ranging economic effects for both states, depending on how Trump decides to proceed. Since the British government divested itself of Hong Kong in ...
“I helped lead the opposition to these agreements, Joe Biden supported those agreements,” said Sen. Bernie Sanders. “And that is a fundamental difference about our approach toward the trade union movement and towards the needs ...
“Leaked 2018 audio recording of president was released by legal team of Lev Parnas, close associate of Trump’s personal attorney Rudy Giuliani. ‘You know, [Sanders] basically says we’re getting screwed on trade,’ said Trump. ‘And ...
“As wildfires rage out of control and our planet endures record-breaking temperatures, Democrats must stop oil and gas companies from using backroom trade deals to destroy the environment.” The new NAFTA replacement, the U.S.-Mexico-Canada Agreement ...
Neoliberalism, the developed world’s policy framework of the past 40 years, is now in serious crisis. The slogan is pithy—Neoliberalismo nunca más (Neoliberalism Never Again). It was chanted in the streets of Santiago, Chile; it ...
Neoliberal free-trade policies that favor aggregated seed, food and chemical corporations prevent family-scale farms that use regenerative practices from profiting. We need a fair Green New Deal now. In February, a dairy farmer friend sent ...
“It’s really, really getting bad out here. There’s no incentive to keep farming, except that I’ve invested everything I have in farming, and it’s hard to walk away.” After President Trump announced new rounds of ...
The annual G-20 summit wrapped up in Japan, but while it was long on topics it remains to be seen whether it will result in any action. On Saturday, June 29, the annual summit of ...
“However, growth remains low, and risks remain tilted to the downside. Most importantly, trade and geopolitical tensions have intensified.” On Sunday, June 9, finance ministers and central bank chiefs of the G20 countries wrapped up ...
Mexico is one of the U.S.’ biggest trading partners, and the new Mexico tariffs complicate the president’s goal of creating a revised trade pact between the U.S., Canada, and Mexico. President Trump announced new tariffs ...
“Will it cover the losses? No. But it makes enough of a difference to keep a lot of farmers so they can survive.” President Trump announced a $16 billion farm aid package to compensate for ...
As U.S. President Donald Trump met with Japanese Prime Minister Abe Shinzo in Japan over the weekend, differences over trade and North Korea lingered below the surface. President Trump’s visit to Japan over memorial day ...
With reference to Mao Zedong’s historic Long March China’s president enters a new, higher-stakes stage of the trade war with the U.S. Chinese President Xi Jinping told his country to prepare for difficult times and ...
Bipartisan frustration over Trump’s use of tariffs in trade wars has lead to a new bill to curtail the President’s power. United States lawmakers are taking steps to reduce the president’s power to level import tariffs ...
After a year plus of negotiation the U.S., Canada and Mexico have agreed on a revamped version of NAFTA called the USMCA. While the nation was consumed with the confirmation of Brett Kavanaugh to the ...
As the trade war escalates between the U.S. and China, some countries in Southeastern Asia could come out winners. On Monday, U.S. President Donald Trump announced Washington will apply a ten percent tariff on imported ...
Like many challengers before it, China is trying to position the new Nanjing research park as the next Silicon Valley. But unlike other global challengers, China is a hub of theft, and they are not ...
On Monday, British Foreign Secretary Boris Johnson resigned from the cabinet of Prime Minister Theresa May. He was the third minister to quit his job within 24 hours. On Sunday, Minister of Brexit Affairs David ...
On Saturday, leaders of seven industrialized nations (Canada, France, the U.S., the U.K., Japan, Germany, and Italy) signed a joint statement vowing to overcome protectionism and curb trade barriers as the G7 summit held in ...
If you’ve paid attention to the news lately perhaps you’ve heard people questioning whether China just bribed Trump, but what exactly is the issue? The centerpiece of the issue is ZTE, a Chinese electronics company ...
Is the American economy becoming great again under the Trump administration’s pro-business economic policies, prolonging the extended recovery following the 2007-2009 recession? Are wages finally beginning to inch upward? Is inflation getting out of control? ...
Venezuelan President Nicolas Maduro announced the pre-sale for its Petro cryptocurrency hit $735 million on the first day. The Venezuelan economy has plummeted since 2013 when Nicolas Maduro was elected to replace the beloved dictator, ...
Renegotiation should address the NAFTA trade deal’s impact in Mexico, where it has devastated the rural sector while creating huge opportunities for wealthy oligarchs like Carlos Slim. (Inequality.org, by Malú Huacuja del Toro) I am a ...
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