It has been said and written many times that the genocide of Palestinians in Gaza is “the first live broadcast war” in history. And that, as a result of this historic first, no one can now claim ...
Photo : A group of young protestors Arranging Barricades and burning tires became symbols of the Sudan revolution against the three decades ruler Omer AlBashir image was taken in Khartoum ,Sudan, Ola ...
According to the doctrine, for a debt to be odious it must meet two conditions: 1) It must have been contracted against the interests of the Nation, or against the interests of the People, or against ...
Edvard Weie, CC, SMK Open, https://open.smk.dk/artwork/image/KKS1964-338?q=*&page=39&filters=public_domain%3Atrue%7Chas_image%3Atrue&range=production_dates_end%3A1800 ...
The capitalist system and its institutions have fully integrated climate change into their mental software and suggest false solutions that do not address the issues raised in Part 1 of this series, ...
Par Gage Skidmore from Peoria, AZ, United States of America — Donald Trump, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=52647056 While Trump ...
International Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange ...
In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...
A country’s balance of current payments is the result of its commercial transactions (i.e. imported and exported goods and services) and its financial exchanges with foreign countries. The balance of ...
A PIK or PIK loan is a loan characterized by the fact that the payment of interest Interest An amount paid in remuneration of an investment or received by a lender. Interest is calculated on the ...
A country’s balance Balance End of year statement of a company’s assets (what the company possesses) and liabilities (what it owes). In other words, the assets provide information about how the funds ...
This strategy mainly refers to a well-documented experiment in Latin America in the 1930s and 1940s, and research carried out by the CEPAL (the UN Economic Commission for Latin America – ECLA) in the ...