Trade

Discussions on the role of religion in the contemporary world generally fail to take into consideration an argument advanced by David Loy more than twenty years ago: namely, that the dominant faith system practiced across the globe today is in fact that of so-called “free-market” capitalism, a self-serving ideology forcibly imposed by a worldwide plutocracy […]

Epidemics

To Help Stem Coronavirus, Lift the Sanctions on Iran

Foreign Policy in Focus

By Ariel Gold and Medea Benjamin, March 13, 2020. (Foreign Policy in Focus) – U.S. sanctions have gutted Iran’s economy and health system. In a pandemic, that’s a global public health threat. The COVID-19, or coronavirus, pandemic is far from the first proof of how intertwined we are as a global community. The climate crisis […]

Development

The Coronavirus has sent Stocks Plummeting – Could a Recession be Next?

The Conversation

By Michael Walden | – Fears are growing that the new coronavirus will infect the U.S. economy. U.S stocks are headed for their worst week since the 2008 financial crisis; companies including Apple and Walmart have been warning of potential sales losses from COVID-19 and the Centers for Disease Control and Prevention told Americans to […]

China

With Visa Ban, has Trump’s US just Lost Nigeria to China?

Juan Cole

Ann Arbor (Informed Comment) – Trump and his white nationalist pet Stephen Miller have placed Nigeria on their racist visa ban. But Nigeria is not Chad, and there could be serious repercussions for the United States of slapping around Africa’s most important country. Nigeria is Africa’s most populous country at over 200 million persons, and […]

Brazil

Beef and Oil: Are Brazil’s Bolsonaro and Saudi’s MBS a Match Made in Heaven?

Tori Avila

By Vitoria Avila Fioravanti | – Sao Paulo (Special to Informed Comment) – Beef, oil and veiling and a murdered journalist have catapulted the burgeoning relationship between Brazil and the controversial Kingdom of Saudi Arabia into the headlines for the first time this fall, though the two countries have had formal diplomatic relations since 1968. […]

Investment

Trump’s Economic Sanctions: War by Another Name

H. Patricia Hynes

(Informed Comment) – In early 2019, the White House threatened to invade Venezuela, take down the government and replace it with their choice of president and political party. Though no missiles have been fired and no bombs dropped on the country, our government is waging a war by other means, namely criminal economic sanctions, to […]

Donald Trump

It isn’t just the Racism: Trump’s Stupid Trade Wars have Driven US Manufacturing into Recession

Juan Cole

Ann Arbor (Informed Comment) – It’s official. Trump has put US manufacturing, which is about 14% of the US gross national product, into recession, according to AFP. Recession is defined as two consecutive quarters of decline. The recession in manufacturing has many reasons, including a cyclical slowdown in the Chinese economy. But on top of […]

Donald Trump

Trump’s incessant Talk of Mexico Tariffs is about White Nationalism, not Trade

Foreign Policy in Focus

By Laura Carlsen | – (FPIF) – There’s nothing “uncontrollable” about people applying for asylum. All the U.S. has to do is meet its obligations under international law. Donald Trump has once again torpedoed the U.S. relationship with Mexico — its third-largest trade partner, closest neighbor and, actually, an ally — by announcing his decision […]

Employment

Is Trump’s trade war saving American jobs – or killing them?

The Conversation

by Jeffrey Kucik | – With the U.S.-China trade war intensifying, there is a lot of talk about whether tariffs save American jobs – as President Donald Trump claims – or destroy them. On May 14, for example, Trump said his tariffs helped save the U.S. steel industry. Whether or not that’s true, many economists […]