Chinese Prime Minister Wen Jiabao has said that his country will maintain cooperation with Iran and foster ‘close coordination in international affairs’. Continue reading
Surprise and even shock were among the reactions to my recent column about how elite members of the World Economic Forum (WEF) meeting in Davos, Switzerland, were considering a proposal for a new global television network to usher in a state of “global governance.” It sounded authoritarian, even totalitarian, to some.
Here are more of the troubling details. Continue reading
As the global economic crisis deepens, tempers around the world are getting shorter. French and British trade unions are organizing strikes, Putin is sending troops into the streets and Beijing is trying to buy itself calm. A rally against car import duties in Krasnoyarsk, Russia: Citizens around the world are protesting against their governments’ handling of the economic crisis. Continue reading
Competing Ideologies: Davos v. Belem
Founded in 1971, the Geneva-based World Economic Forum (WEF) meets annually in Davos, Switzerland to bring together top business and political leaders as well as mostly neoliberal minded intellectuals, economists, journalists, and others. Continue reading
The collapse of the export trade has left millions without work and set off a wave of social instability Continue reading
MOSCOW, October 28 – Russian Prime Minister Vladimir Putin proposed on Tuesday that Russia and China gradually switch over to national currency payments in bilateral trade, expected to total $50 billion in 2008.
“We should consider improving the payment system for bilateral trade, including by gradually adopting a broader use of national currencies,” Putin told a bilateral economic forum.
He admitted the task would be tough, but said it was necessary amid the current problems with the dollar-based global economy. Continue reading