By Sebnem Eroglu, University of Bristol | – (The Conversation) – Many people migrate to another country to earn a decent income and to attain a better standard of living. But my recent research shows that across all destinations and generations studied, many migrants from Turkey to European countries are financially worse off than those […]
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Economy
Child poverty rates highest in states that haven’t raised minimum wage
By Casey Quinlan | – ( Minnesota Reformer ) – Of the 20 states that have failed to raise the minimum wage above the federal $7.25 an hour standard, 16 have more than 12% of their children living in poverty, according to a States Newsroom analysis of wage and poverty data. Anti-poverty advocates say that’s […]
Southwest’s Meltdown: Stock Buybacks, High Exec Pay, and Neglected Software Upgrades
() Inequality.org) – For America’s rich and powerful, the new year is beginning in a most inauspicious fashion. Millions of Americans are once again fuming at the greed and grasping of our deepest pockets. That fuming — from would-be passengers of Southwest Airlines and their families — filled airports throughout this past holiday week. For […]
Is the Russian Economy headed for Collapse?
By Eric Werker, Simon Fraser University | – (The Conversation) – To justify invading Ukraine, Vladimir Putin has painted Russia as a hegemonic power re-asserting its rightful claim to imperial greatness. Yet even before the invasion, Russia’s economic capabilities were hardly capable of sustaining an empire. Now, with foreign sanctions presiding over a plummeting Russian […]
Secret Files reveal how UN Climate Advisers ‘greenwashed’ for BP
By Lucas Amin and Ben Webster | – ( OpenDemocracy.net) – The PR firm advising the UN on climate change campaigns has been accused by US lawmakers of helping BP “greenwash” its fossil fuel investments, openDemocracy can reveal. Internal BP documents released to the US House of Representatives Oversight and Reform Committee and published last […]
The Top 10 Inequality Victories of 2022
By Sarah Anderson | Inegality.org | – Congratulations to everyone who worked to move the country and the world towards greater equity in 2022. Herewith are 10 of the most inspiring economic inequality victories of the year. 1. The Union Boom No question. The union organizing surge has been this year’s top story. Petitions for […]
America’s best Christmas Present would be Real Democracy where even the Poor Vote
( Tomdispatch.com) – Last week, I was in Washington, D.C.’s Union Station. The weather had turned cold and I couldn’t help noticing what an inhospitable place it had become for the city’s homeless and dispossessed. Once upon a time, anyone was allowed to be in the train station at any hour. Now, there were signs […]
G7 Industrialized Democracies Establish Climate Club with Focus on Industry Decarbonization
By Julian Wettengel | – ( Clean Energy Wire ) – The G7 group of influential economies have set up an international climate club to support the implementation of the Paris Climate Agreement, with a focus on pushing the climate-friendly transition of the industry sector. The club is open to other countries and aims to […]
Xi announces “New Era” in China-Saudi Relationship with $30 bn. in Deals, as Arabs Seek to Offset Dependence on Washington
Ann Arbor (Informed Comment) – Al Jazeera reports that Saudi King Salman Bin Abdulaziz on Thursday signed an agreement with visiting Chinese Premier Xi Jinping at the Yamama Palace regarding a “comprehensive strategic partnership” between the two countries. Xi announced that his visit to the kingdom would inaugurate a “new era” in the relationship of […]
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