Published by Promoting Economic Pluralism
“The money I now spend in the supermarket to buy three day’s worths of food for my family, last year was enough for an entire week’s worth of groceries,” Anna …
Greece: Cost of living crisis hits ordinary households hard Read More
Rishi Sunak is pushing ahead with Liz Truss’s plan to axe the cap on bankers’ bonuses despite warnings that boosting bumper payouts for the rich is “obscene”. Scrapping the limit on multimillion-pound bonuses …
Rishi Sunak carries out Liz Truss plan to axe cap on bankers’ bonuses Read More
Guy Dauncey says we can dig ourselves out of the accumulating mountain of private debt but a lot needs to change. The Paradox of Debt is a new book by …
Debt crisis: paradox or plain wrong? Read More
Latin America is suffering the economic effects of the post-pandemic period, but Chilean Rodrigo Valdés, 56, the economist responsible for the Western Hemisphere Department of the International Monetary Fund (IMF), …
The International Monetary Fund: ‘Dollarization is not a substitute for a sustainable fiscal policy’ Read More
Before the start of the economic crisis in Lebanon in 2019, the governor of the country’s central bank, Riad Salameh, had a strong reputation as one of the world’s best. But by the …
How Lebanon was plundered by its own central bank Read More
In July, when Nigerian agritech startup Winich Farms shared its quarterly financial report with stakeholders, it reported all the figures twice. One version used the old official currency rate of …
Nigeria’s currency devaluation is a disaster for startups Read More
WASHINGTON (AP) — Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness, a move that …
The US government’s debt has been downgraded. Here’s what to know Read More
The Bank of America and Goldman Sachs have both been lauded for their LGBTIQ-friendly workplaces. But tax filings uncovered by openDemocracy show nonprofit foundations linked to the banks have also …
Revealed: Major US banks are funding anti-LGBTIQ groups Read More
The world’s 500 richest people added $852 billion (about €780 billion) to their personal fortunes in the first half of the year, according to Bloomberg data. On average, each member …
World’s richest people added $852 billion to their fortunes in the first half of 2023 Read More
For U.S. public pension funds, divesting from oil, coal, and gas would result in overall higher financial value. That is the key takeaway from a new study examining the past decade’s portfolio …
Public Pension Funds Have Lost Billions on Their Fossil Fuel Investments: New Analysis Read More