IMF should stay out of this Greek tragedy

IMF should stay out of this Greek tragedy By Daily Mail Comment Yesterday, in a monumentally cynical act of legerdemain, Europe’s ruling class hailed the latest Athens bailout – this time worth a mere £110billion – as a deal to ‘secure Greece’s future in the euro’. Preposterously, even George Osborne joined in, saying it was [...]

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What role for the Diaspora in Somalia’s future?

What role for the Diaspora in Somalia’s future? Remittances of up to $2bn a year from Somalis living abroad would suggest the diaspora is crucial to the country’s survival In the run-up to the 23 February London conference on Somalia, a flurry of meetings have been held with Somalis in the diaspora to elicit their [...]

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12 Scary Debt Facts for 2012

12 Scary Debt Facts for 2012   1. The U.S. national debt on Jan. 1, 1791, was just $75 million dollars. Today, the U.S. national debt rises by that amount about once an hour. 2. Our nation began its existence in debt after borrowing money to finance the Revolutionary War. President Andrew Jackson nearly eliminated [...]

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12 Scary Debt Facts for 2012

12 Scary Debt Facts for 2012   1. The U.S. national debt on Jan. 1, 1791, was just $75 million dollars. Today, the U.S. national debt rises by that amount about once an hour. 2. Our nation began its existence in debt after borrowing money to finance the Revolutionary War. President Andrew Jackson nearly eliminated [...]

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Greece’s austerity measures.

The question has always been, and remains to be, who benefits from neo liberal economic policies? M.H   Who will benefit from the new set of Greek austerity measures? According to author and consultant Adrian Salbuchi, it’s the bankers. There are two key questions that have to be asked, the first of which is who [...]

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Former US president Bill Clinton could be the transformative leader to replace Robert Zoellick as head of the World Bank

The World Bank desperately needs to revive its fortunes after years of lacklustre leadership and shrinking role – which is precisely why former US president Bill Clinton is among the names being touted as its next head to replace Robert Zoellick. Lael Brainard, under-secretary for international affairs at the US Treasury, has been responsible for [...]

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Newt Gingrich and What Black People Need: Intellectualizing Racism

Newt Gingrich and What Black People Need: Intellectualizing Racism Over the last few weeks, Republican Party presidential nominee, Newt Gingrich, has found a way to make himself relevant again. Not to the Republican Party, because they are trying to find a way to sink him. Newt has become relevant to the always dysfunctional (and uncomfortable) [...]

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