Published by Promoting Economic Pluralism
Vietnam police say they have arrested five people and smashed a money laundering ring that brought $1.2bn of criminal cash into the country from abroad. Between 2022 and 2024, members …
Vietnam police announce dismantling of $1.2bn money laundering ring Read More
Chief executives of Europe’s top companies are paying themselves 110 times more than the average worker, an analysis by the European Trade Union Institute shows. Between an average basic salary …
CEOs paid over 100 times more than workers Read More
Most European governments have failed to meet the deadline to put the minimum wage directive into national law – and some are actively working against the aims of the directive. …
Member states failing to deliver minimum wage directive Read More
Medan, Indonesia – Halimah Nasution used to feel as if she had it all. For years, she and her husband Agus Saputra made a good living renting out supplies for weddings, …
‘We lost everything’: the Indonesians falling out of the middle class Read More
Commenting on the vote, Caroline Metz, EU Policy Manager at ShareAction, said: “Insurers’ investments in climate-damaging fossil fuels have officially been recognised as carrying high risks, marking a significant step …
EIOPA confirms fossil fuels as high-risk investments Read More
New polling has found that a plurality of the British public support the introduction of a Universal Basic Income (UBI). A UBI is a scheme through which every person in …
Bombshell poll shows more people support Universal Basic Income than oppose it Read More
The Labour Party’s largest-ever donation came from a hedge fund that stood to profit from Israel’s war in Gaza, openDemocracy can reveal. Quadrature Capital held $121m worth of shares in …
Firm behind £4m Labour Party donation invested in weapons for Israel Read More
The European Central Bank (ECB) has cut borrowing costs for the third time this year, lowering its benchmark interest rate from 3.5% to 3.25%. The decision to cut rates by a quarter …
European Central Bank cuts key interest rate to 3.25% Read More
BUENOS AIRES, Argentina (AP) — Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise …
Argentina’s poverty rate spikes in first 6 months of President Milei’s shock therapy Read More
A group of economists has publicly urged chancellor Rachel Reeves to reverse her stance on public investment, and relax the Treasury rules that constrain it. They argue in a letter to the …
Economists have urged Rachel Reeves to loosen the purse strings – here’s why it’s not that easy Read More