Argentina and Brazil are striving for a common currency. Such a union could boost regional trade and lead to more independence from the US.
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Economy
The western sanctions weapon is not new to Syria, but since 2019 it has become a lethal one, destroying entire Syrian sectors and killing its people. First published in The Cradle February 6, 2023 Some 83 years after being employed against Germany in 1940, economic sanctions have become the most widely-used tool in Washington’s arsenal Continue reading »
Overseas students are a key source of export income and a tool of Australia’s soft diplomacy. Whether for good or bad, they have also become a major funding source for university research. But far more importantly, they have since around the year 2000, contributed around 25 percent of the annual migration program – in other Continue reading »
By Algernon Austin / CEPR In response to the Great Depression, the Works Progress Administration (WPA) created jobs for over 8 million people between 1935 and 1943. While data on the racial composition of WPA workers isn’t available for all of these years, the data we have for 1939, 1941, and 1942 make clear that the WPA […]
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When questioned, a spokesperson for Richard Sharp referred Byline Times to the Bank of England
Recent debate on this site about economic growth and environmental protection highlights the very narrow and limiting framing of mainstream economics, and points to the far more positive prospect that is available to us if we can broaden our vision. Mark Diesendorf (and here) has strongly countered arguments by Roger Beale and Michael Keating that Continue reading »
An important feature of the new globalisation is China’s Global Development Initiative and a renewed, non-exploitative focus on the Global South. The other is the growth of the digital economy and non-dollar-denominated digital currencies that enable cross-border trade. The idea that globalisation has ended is growing in popularity with some economic analysts. Parallel to this Continue reading »
Pedro Castillo, the Peruvian president, overthrown in a coup 7th December 2022, and then sentenced to 18 months imprisonment, clearly represented a threat to some significant forces. Following the overthrow, mass protests have spread across Peru, to which the government have responded violently, with 60 deaths in the past weeks. As per usual with Latin Continue reading »
Hindsight is a wonderful thing and it particularly applies to the Whitlam government’s ‘loans affair’. The events leading up to the dismissal of the Whitlam government in 1975 were complex, fascinating and ultimately tragic, especially for Australian society. I will not reprise the key facts here as they are readily available, especially if one reads Continue reading »
NSW needs a government prepared to bell the cat when it comes to the ongoing provision of public funding to grossly over-resourced private schools. Funds provided on the grounds of assumed entitlement are funds diverted from distribution according to demonstrated need. Political pressure forced the Whitlam government to include high-fee, high-resource schools in its 1970s Continue reading »