The world economy is on the edge of a prolonged period of stagnation.
Before the war on Iraq began, its approach had already made a negative
impact. A United Nations statement in January this year forecast: "An
escalation into military action would have even more profound negative
economic consequences". The...
DUBLIN HAS the odious task of hosting the World Economic Forum (WEF)
from 19 - 20 October. The WEF, which is a representative "think tank"
for the top thousand multinational corporations in the world, plans to
hold a summit on "European Competitiveness".
The latest rich list produced by the Forbes magazine shows that the
collective wealth of the world’s 1,210 billionaires has reached a new
record high of $4.5 trillion - up nearly $1 trillion on last year’s
THE FINANCIAL speculators and hedge funds that so spectacularly
contributed to the financial crisis resulting in the ’Great Recession’
have now turned their attention to the international food market with
Wages have been slashed, unemployment has exploded and our public
services have been cut savagely as the economic crisis developed in
Ireland. All of this is the result of the policies of the right-wing
government and the actions of a small group of speculators, bankers and