International Monetary Fund (IMF)
Lebanon struggles to rebuild after Beirut blasts

Lebanon has a new prime minister in Mustapha Adib but to many, he is part of the same corrupt and inefficient old leadership that created the crisis in the country

The explosion in Beirut

The explosion in Beirut on 4 August was not an accident. The authorities were aware of the possibility of an explosion. They did nothing.

Beirut blasts intensify economic and political crisis in Lebanon

Decades of neoliberal policies have made Lebanon among the most unequal societies in the world, and social and economic discontent is expected to grow following the blasts

How the US failed at its foreign policy toward Venezuela

US Senate Foreign Relations Committee hearing on Venezuela confirmed this week the overt efforts over the last year of the US government to carry out a coup d’état against president Nicolás Maduro

Iran COVID Iran faces twin challenges of COVID-19 and American sanctions

The worst hit country in West Asia, Iran has had a tough time coping with the pandemic amid US sanctions. It has resorted to strengthening links with countries such as Russia and China towards this end

What could be wrong with a fiscal deficit?

If wealth inequality is to be prevented from becoming worse than the horrendous level it has already attained, then the only way this can be done is by larger government spending that is financed by a tax on the rich, either a profit tax or a wealth tax

Decline in global poverty is a farce perpetuated by World Bank’s poverty line

The real problem with the World Bank’s poverty estimates, is that its International Poverty Line is set at an impossibly low level, which greatly underestimates world poverty

Vice-president of Ecuador Otto Sonnenholzner resigns

Sonnenholzner was the third vice president of Lenín Moreno during his four years in office

Argentine social movements propose San Martín Plan to overcome extreme poverty post-COVID-19

Social leader Juan Grabois, in an interview with community media, detailed aspects of the plan which envisions the generation of 4 million jobs The plan envisions the creation of a fund which will set up 4,000 productive units

Adolfo Pérez Esquivel: “The United States has no allies, it has no friends, it only thinks of its economic interests”

Carlos Aznárez speaks with Adolfo Pérez Esquivel about the debt crisis facing Argentina and why Argentina should not pay

Venezuela denounces ‘absurd decision’ of UK to retain its gold reserves

A British high court ruled on July 2 that because the UK recognizes opposition leader Juan Guaidó as president, it does not have to give the government of Nicolás Maduro access to the reserves

Taxing large fortunes in Argentina: Who will be affected?

The bill that seeks to charge an extraordinary tax on the richest people in Argentina advances in the Chamber of Deputies. Only a very small percentage of Argentine society will have to pay it.

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