Tue, 28/03/2023 - 21:03

By Vijay Prashad / Tricontinental: Institute for Social Research What constitutes a crisis worthy of global attention? When a regional bank in the United States falls victim to the inversion of the yield curve (i.e., when short-term bond interest rates become higher than long-term rates), the Earth nearly stops spinning. The collapse of Silicon Valley Bank (SVB) […]

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Tue, 28/03/2023 - 21:05

By Margaret Flowers / Popular Resistance The recent accord between Saudi Arabia and Iran, facilitated by China, signifies a seismic shift in geopolitical dynamics. This was followed by a three-day summit between the presidents of China and Russia in Moscow where they signed agreements that deepen their cooperation. China has established itself as a force […]

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Mon, 27/03/2023 - 21:01

By Ralph Nader Once again, government socialism – ultimately backed by taxpayers – is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic […]

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Mon, 27/03/2023 - 21:03

By Anthony DiMaggio / CounterPunch Marking the twentieth anniversary of the U.S. invasion of Iraq, The New York Times ran a feature-length article titled, “20 Years On, a Question Lingers About Iraq: Why Did the U.S. Invade?” The piece acknowledges some harsh realities about the war, while dodging questions about its legality and the imperial motivations that […]

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