Donald Trump is threatening to use tariffs as a weapon against other countries. He has already made three threatening statements: first, he threatened the BRICS countries that if they dared to move away from the dollar, then they would have…
The sense in business circles, that demand is weak and growth is slowing down, was confirmed when GDP figures for the second quarter (July-September) of financial year 2024-25 showed growth at 5.4 per cent. This was well below forecasts of…
The aim of all fascistic governments is to disempower the people; and the Modi government is no exception. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) which promised one member in every rural household a maximum of 100 days…
Kliberal opinion holds that the international monetary and financial system is a device for promoting the interests of all participating countries by providing a convenient payments arrangement within which trade can be carried on. The reality however is altogether different:…
It’s common to hear analysts talk of “global growth” in a way that suggests that everyone in the world is affected by it equally. Of course, it is well known that this is not true either across or within national…
Karl Marx had once said that all criticism must begin with the criticism of religion. Paraphrasing Marx one can say in the current economic context that all criticism must begin with the criticism of the GDP. This conceptually and statistically…
Hearing a petition on November 22 to remove the term “socialism” from the Preamble of the Indian Constitution, the Chief Justice of India made two significant observations: first, the term “socialism” in the Preamble of the Constitution is used not…
When Azerbaijan as the Presidency of this year’s Conference of Parties (COP29) held at Baku, in Azerbaijan, informed delegates working on extended time that participating countries had arrived at an agreement, there were many who disagreed. India, using an odd…
Extended by a day in a show of symbolism, this year’s climate summit, the 29th Conference of Parties (COP29), ended in collapse. The widespread consensus that this was the case concealed, however, differences as to what reflected the collapse. Developed…
In global climate negotiations, that continued at the twenty ninth edition of the Conference of Parties (COP29) in Baku, Azerbaijan, there is agreement on one issue. If the international community has to take forward a multilateral agenda to keep global…
