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Tag Archives: Economy

Tomgram: Rebecca Solnit, Evacuate the Economy | TomDispatch

Call it a nightmare that passes for good news. Recently, the New York Times optimistically headlined a front-page piece by reporters Coral Davenport and Steven Erlanger, “U.S. Hopes Boom in Natural Gas Can Curb Putin.” It offered an eerie overview of where the administration of the president who came into office committed to reversing global warming has ended up. If ...

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BURKINA FASO: Stability vital to region | IRIN Africa

OUAGADOUGOU, 19 septembre 2012 (IRIN) – More than a year after civil unrest broke out in Burkina Faso, observers and analysts say despite some progress, and sustained support for President Blaise Compaoré, tension between his government and the population remains. Stability in Burkina Faso is vital for regional stability, said a Western diplomat, given the recent conflict in Côte d’Ivoire ...

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Romney Lauds Israeli Economy During Wave of Attempted Self-Immolations | Common Dreams

Israel/Palestine correspondent for The Real News Network, Trachansky said today: “In his address to major donors such as Woody Johnson and Sheldon Adelson (one of Benjamin Netanyahu’s largest supporters), U.S. presidential hopeful Mitt Romney misrepresented Israel’s economy and enraged Palestinian leaders by claiming that the fact that Israel’s GDP is several times larger is because of ‘culture,’ ‘the hand of ...

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Matt Taibbi: Libor Rate-Fixing Scandal ‘Biggest Insider Trading You Could Ever Imagine’ | DemocracyNow!

Rolling Stone’s Matt Taibbi joins us to discuss the pattern of systemic corruption by 16 banks accused of rigging a key global interest rate used in contracts worth trillions of dollars. The London Interbank Offered Rate, known as Libor, is the average interest rate at which banks can borrow from each other. Some analysts say it defines the cost of ...

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1 million+ march against Spain’s austerity measures | RT

Over a million of government workers and trade union members marched in Barcelona, Madrid and dozens of smaller cities to protest against the latest round of harsh austerity measures designed to cut Spain’s bloated deficit. In almost 80 cities held demonstrations on Thursday which came after concerns over Spain’s attempts to restore market confidence in its economy resurfaced after a ...

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CLIMATE CHANGE: Understanding Rio+20 | IRIN Global

JOHANNESBURG, 3 April 2012 IRIN – A Nobel laureate, a Swedish environmentalist’s idea, the “doughnut” concept, Scandinavia’s sense of social capital, measuring the quality of life, and valuing the oceans are just some of the things trending in the run-up to the Rio+20 UN Conference on Sustainable Development due to be held on 20-22 June 2012. Rio+20 will look at ...

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Will Emerging Economies Repeat the Environmental Mistakes of their Rich Cousins? | Carnegie Endowment for International Peace

Rapid growth in the major emerging markets has been accompanied by severe environmental degradation, resulting in widespread illnesses and likely millions of premature deaths. Although greater resources will probably be devoted to improving the environment as incomes rise, the damage done may become unacceptable well before then. Absent dramatic changes in policy to improve the trade-off between growth and environmental ...

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