March

With Global Economic Crisis, Fight for Gender Equality as Important as Ever

As we mark International Women's Day on March 8, an increasing number of women around the world find themselves and their families in dire economic circumstances. While we as a nation focus on the economic realities here in the US, we must not let global starvation, violence, trafficking, and the lack of health care, clean water, and basic necessities fall lower on our priority list.

Obama and Rescuing Capitalism

The fact is, capitalism is bankrupt. It's run out of capital. 'I think we just have to admit we're broke,' says House Minority Leader John A. Boehner. A system that is supposed to be self-perpetuating – albeit with ups and downs – has come up short. It's not that the banks are just stubborn about lending out money.

International Rules Needed for Money Markets

With the 2nd G20 summit set for early April in London to deal with the financial turmoil, work on international rules has begun with a view to restructuring the global financial markets.

How Tinkering with Inflation Measurements May Have Led to the Current Financial Crisis

Last February 20th, the US Department Of Labor Bureau of Labor Statistics announced that, on a seasonally adjusted basis, the US Consumer Price Index (CPI) increased by 0.3 percent during the month of January.

Australia: Greed Upon Greed as Jobs Slashed

The manufacturing industry in Australia and the jobs of thousands of more workers suffered another blow last week when Pacific Brands announcement that it was shutting shop in Australia.

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Nationalization, Socialism and the Banks

In the midst of the unfolding global economic crisis politicians, pundits, and bankers have engaged in much hyperbolic discussion about the prospect that major banks in the US may be “nationalized.”

Guadeloupe: Out of Sight, But Not Out of Mind

The French Caribbean is facing serious turbulence. Guadeloupe, one of the French islands in the West Indies, has been completely paralyzed by a general strike since January 19. For more than a month, the population has been bitterly expressing anger towards the French government over the exorbitant cost of living.

Response to 'Capitalism, Socialism and Crisis'

The Stalin era succeeded in a massive industrialization of the country, creating a technological infrastructure for a modern society. However, great suffering and sacrifice were endured by the Soviet peoples for much of this period – only to have much that was built destroyed in World War II.

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Food Sustainability Advocates Promote Economic Growth, Health

About 300 chefs and other food professionals have signed a letter to the Obamas praising their commitment to healthy, sustainable food, a press statement by the Chefs Collaborative, a non-profit culinary organization, announced last week.

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Obama's First Budget and the Battle of Ideas

Taking his first bold steps to reverse the Bush administration's budget priorities, President Barack Obama released his administration's initial budget outline last week, which proposes to end Bush's tax cuts for the wealthiest Americans and corporations, create a reserve health care fund, curb growth in military spending and dramatically improve funding for the needs of working families.

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