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In the Great Recession, Even Death Is Too Expensive for the Poor
San Francisco, United States, April 7, 2012Editor's Note: This story was written for New America Media as the first in a series of columns by Dr. Sanjay Basu called A Doctor's Word, exploring the impact of the recession on health care for poor people. It appeared in the San Francisco Chronicle's Insight and on SFGate.com, media from where Pressenza obtained it.
4/14/12
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Goldman Sachs: not a "rotten apple" but the system itself
London, United Kingdom, March 15, 2012Goldman Sachs’s executive director’s resignation made big headlines. Accusations of corrupt and immoral practices appeared to suggest that this was a particular, perhaps isolated, case. Grateful as we are to Greg Smith for highlighting the shortcomings of the financial giant we should not be distracted from the fact that this is how the present system works.
3/15/12
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Don’t Bank on the Bomb
London, United Kingdom, March 5, 2012A groundbreaking report released today by ICAN identifies more than 300 banks, pension funds, insurance companies and asset managers in 30 countries with substantial investments in nuclear arms producers. We print here ICAN's letter to World Without Wars(1) and a link to this very important report that shows the banking system's support to the biggest danger facing humanity.
3/5/12
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World Youth: No Jobs, No Education; Big Frustration, Scare
Human Wrongs Watch, United States, February 7, 2012New York – A lack of job opportunities, inadequate education, vulnerable working conditions and insufficient government investment are some of the main concerns of young people around the world, according to a United Nations report on youth published yesterday.
2/7/12
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Your money helped bail out some UK Big Banks. Do they know it isn’t Christmas?
London, United Kingdom, January 28, 2012Banks are lending very little to help the real economy – businesses and mortgages – but there are no shortages of bonuses for top executives. Huge payments to lobbying firms at home and in the US (whose activities are not covered by the Freedom of Information Act) have been used to influence policies that may curtail the financial sector’s licence to cream.
1/28/12
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Angels Invest Where Banks Dither
Berlín, Germany, January 25, 2012For innovative young folks, angels are by no means mythical beings or messengers of God as depicted in the Hebrew and Christian Bibles and the Quran. They are flesh-and-blood source of equity capital at the seed and early stage of company formation, particularly when banks are reluctant to lend. Article by Ramesh Jaura
1/25/12
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IMF Seeks Asia's Help to Tackle Eurocrisis
Toronto, Canada, January 25, 2012When an international commission headed by Willy Brandt drew attention to global economic interdependence in its report in 1980, the world was divided between rich North and poor South. More than 3 decades later, the IMF is asking what were until recently developing countries to help stave off the European financial crisis resulting in the global economy sinking like Titanic
1/27/12
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Europe Is Sick, the Whole World to Suffer
Human Wrongs Watch, Belgium, January 24, 2012“Countries throughout the world will experience an economic slowdown this year as the sovereign debt crisis in Europe continues to unfold,” says a UN report.
1/24/12
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The Big Failure of Global Policies and Practices
Human Wrongs Watch/Politica Press, Uruguay, January 7, 2012Montevideo – The World Trade Organization (WTO) has failed. In December, the Doha Round is turning ten years old, with nothing to celebrate[i]. Formal negotiations of the Round expired in 2005, without any agreement, and informal negotiations stalled in 2008. Indications in December too were that an agreement to liberalize trade among its 153 member countries was eluding.
1/9/12
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The migration tide turns, again. Latin America, one of the favourite destinations
London, United Kingdom, December 30, 2011During the last two centuries over 60 million of Europeans travelled to the Americas escaping the great wars or looking for a better life. When Latin Americans travelled back to Europe running away from military dictatorships and economic debacles the walls came up in “fortress Europe”. As the economic crisis in the Eurozone unfolds migration is again changing direction.
12/30/11
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Occupy London calls for an end to tax havens, for lobbying transparency and personal accountability for executives
London, United Kingdom, November 28, 2011Press Release Posted on November 28, 2011 by OccupyLSX (Occupy the London Stock Exchange). Initial statement of Corporations Policy Group ratified by Occupy London’s General Assembly. Occupy London asks corporations to engage in dialogue working together to create a socially responsible and sustainable economic system.
11/28/11
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Of Vulture Funds and How to Blackmail the Countries Chosen as Preys
Human Wrongs Watch/PoliticaPress, Argentina, November 28, 2011Montevideo – In 2002, Anne Krueger, First Deputy Managing Director of the International Monetary Fund (IMF), floated the idea that countries can go bust, advanced her opinion about a possible international mechanism of sovereign debt restructuring, and when considering the obstacles to an orderly debt restructuring, explicitly mentioned the behavior of vulture funds.
11/28/11
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Occupy Harvard. Students Protest Class by Economics Professor by Staging Walkout
Harvard, United States, November 22, 2011The Occupy movement continues to expand its influence and develop awareness in different fronts. Harvard Economics students decide to raise the issue of what kind of models are taught and what has been the influence of such models in the creation of the present international crisis. Professor teaches "Neo-Kensyan"(!?) doctrine but students describe it as neo-liberal
11/22/11
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Europe – The Vicious Circle of Paying Debts With More Debts
Human Wrongs Watch/PoliticaPress, Greece, November 17, 2011With two years of failed plans, pseudo-plans and announcements of plans, Europe has acquired a huge pile of debt and a decade of agony.
11/18/11
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Pedro Páez letter
Quito, Ecuador, November 14, 2011Here we give publication to the complete letter we received from our friend Pedro Páez, at the moment in which he concluded his duties as President of the Ecuadorian Presidential Technical Commission for the New International Financial Architecture, to which he were appointed by the Ecuatorian President Mr. Rafael Correa.
11/14/11
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The G20, the Eurozone and the Robin Hood Tax
London, United Kingdom, November 4, 2011We reproduce here a report from the [Robin Hood Tax](http://robinhoodtax.org/latest/g20-verdict) campaign website in relation to the meeting of the G20. Who supports it, who will try to block it and how it could help the Eurozone emerge from its current crisis. As even some bankers are now talking about being responsible, the momentum for this tax keeps growing.
11/4/11
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Just Help the Banks, Not the Cooperatives – These Generate Only $ 1,1 Trillion and Benefit Barely 800 Million People
Madrid, Spain, November 2, 2011While European politicians are spending millions of euro on never-ending summits to seek the best way how to further fund their banks through new re-capitalisation plans, cooperatives silently gather over 800 million people in 100 countries, employing more than 100 million persons worldwide—that’s 20% more than the multinationals, without due attention from politicians.
11/2/11
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Small Farmers, Victims of Food Marketing Companies
New York, United States, November 1, 2011Smallholder farmers, who produce up to 80 per cent of all food in some areas, mainly in Africa, “face the risk of exploitation under contract farming arrangements with processing or marketing companies,” according to UN Special Rapporteur on the right to food, Olivier De Schutter, who presented his annual report to the UN General Assembly’s Third Committee
11/1/11
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How inequality harms society. Scientific Research for a new world.
London, United Kingdom, October 28, 2011Richard Wilkinson, Professor Emeritus of social epidemiology at the University of Nottingham, explains in a TED session how inequality harms society, not just the poor but also the rich. Not a moment too soon, in order to add to the discussion taking place globally by the Occupy/Indignados/ArabSpring movement about setting the basis of a new society.
10/28/11
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Break the chains of debt!
London, United Kingdom, October 10, 2011The system of debt continues to devastate the lives of people around the world. People in the South face the daily impacts and consequences of the financial indebtedness of their countries, which far from having been "relieved" is growing in step with the crisis and the pursuit of extraordinary profits by the most concentrated forms of capital.
10/10/11
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