“Of all of these four objectives that I call sustainable development. 1. Material Sufficiency; 2. Social Justice; 3. Environmental sustainability; and 4. Peace; we’re off track on all of them” – Prof. Jeffrey Sachs. “Nothing about the international economy guarantees the end of poverty or social justice. There’s nothing in the global economic system that Continue reading »
World
I just read a disturbing paragraph in a New Yorker article about the Instant Pot, a popular electronic pressure cooker whose parent company recently filed for Chapter 11 bankruptcy: “So what doomed the Instant Pot? How could something that was so beloved sputter? Is the arc of kitchen goods long but bends toward obsolescence? Business Continue reading »
Following Saudi Arabia’s purchase of the PGA Tour, a new Senate report revealed the dictatorship’s ballooning share of the American economy.
The post Saudi Arabia’s Huge U.S. Investments Lose Money — but Buy Influence appeared first on The Intercept.
An EU paper explains how traditional Western allies on the continent are being turned into vassal states of the US as part of Washington’s strategy to contain the rise of China. China is unfairly subsidising industries, expanding its military ambitions and using debt traps to build influence in developing countries, according to Jake Sullivan, the Continue reading »
The convergence of the NATO Summit in Lithuania, and trade talks with the European Union in Brussels, saw Prime Minister Albanese and Trade Minister Don Farrell head to Europe. The former should not have gone, and the latter should be prepared to walk away without agreement. Asia is also represented at the NATO meeting by Continue reading »
Governments around the world are promoting and subsidising carbon capture and storage (CCUS) to facilitate an increase in fossil gas mining. This will dash any hope of controlling world emissions at a time when there are deep concerns for climate change becoming uncontrollable. Yet the Australian government and the fossil gas industry are driving huge Continue reading »
The earth is getting especially hot this year, as record after record falls. Seth Borenstein at AP reports that three times this past week, the average temperature of the earth topped anything ever recorded. Thursday’s average 17.18 °C. (62.9 °F.) broke the record yet again. You don’t break all those records without the accumulation of Continue reading »
The world has just spent two decades paralysed by fear. Ever since 11 September 2001, the ‘war on terror’ has changed the lives of most people for the worse. Millions have been killed, either by terrorists or by militarists fighting them. Fearing violence, many people have fled their homelands as refugees. Others have absorbed repeated Continue reading »
While unification with Taiwan and building a strong economy are the twin pillars of the rejuvenation of the Chinese nation, it’s dangerous to assume, as Washington does, that a faltering economy makes Beijing more aggressive towards the island. This is the final in a two-column series. It’s hardly worth mentioning that China and the United Continue reading »
The U.S. public has been conned, once again, into pouring billions into another endless war. The playbook the pimps of war use to lure us into one military fiasco after another, including Vietnam, Afghanistan, Iraq, Libya, Syria and now Ukraine, does not change. Freedom and democracy are threatened. Evil must be vanquished. Human rights must Continue reading »