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Economics

The Difference Between a Liberal and a Progressive

Eric Zuesse The difference between a liberal and a progressive is that whereas a liberal is fooled by liberal or ‘leftist’ billionaires’ ‘news’-media and candidates (emphasizing gay versus straight, man versus woman, black versus white, and everything BUT rich versus poor — since the Party is funded by …

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Analyzing the Implications of Sabotage Against Nord Stream

A consensus is emerging that the Nord Stream pipelines between Russia and Germany were recently damaged by an attack, not an accident. Three gas leaks were reported on these two projects from Monday night to Tuesday morning, which coincided with seismic activity recorded by Denmark and Sweden that …

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The French call for NATO exit

Thousands of angry French protesters have gathered in the French capital to call for the country’s withdrawal from the U.S.-led NATO military alliance. The protesters have also called for the resignation of the country’s President Emmanuel Macron. The demonstration reflects similar rallies being held across Europe in opposition …

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IEA warns of gas market tightness in 2023 as Russia further reduces supplies to Europe

Global natural gas markets are set to remain tight next year, with lower gas flow from Russia to Europe, high gas prices, lower demand and the impact of energy saving measures, according to the International Energy Agency’s Gas Market Report Q4 2022 published Monday. As Russia’s curtailment of …

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More Germans seek help from food banks, charities as energy crisis worsens

More and more Germans are seeking help from food banks and charities due to record-high inflation and soaring energy bills. According to the federal food bank umbrella organization Tafel Deutschland, demand has increased compared to the previous year, with more than 2 million people now relying on food …

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Middle Eastern Geopolitics in The Midst of The Russo-Ukrainian War

Russia’s national interests have been harmed by the West’s efforts to obstruct Eurasia’s integration and provoke conflict. Support from the United States and the European Union for Ukraine’s anti-constitutional coup d’état sparked a societal upheaval and a bloody conflict. Right-wing nationalist ideology is getting more and more popular, …

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Indonesia’s push to reach net zero emissions can help power a new phase in its economic development

Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report released today. But key policy reforms and international support will …

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Democracy and Digital Disorder

Wajaht Sultan Democracy operated on twin principles of Truth and Trust. From 10,000 years ago to the 21st Century human societies evolved from particularized and selected trust circles to generalized and universalistic trust spheres which are the backbone of democracy. From authoritarianism to democracy human beings expanded their …

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The Federal Reserve Cannot Fight Inflation Alone

Desmond Lachman If the Fed does not raise interest rates aggressively, it risks both allowing inflation to become entrenched and adding further froth to already bubbly asset price markets. Yesterday, in reviewing his administration’s economic challenges, President Joe Biden did Americans a great service by finally recognizing that …

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