What is the point of philosophy in a contemporary capitalist world dominated by destruction and where humanity has been pushed to the edge of the abyss? Ideologues of capitalism create an illusion that the ruling relation to reality is based on a certain way of thinking, that it …
Read More »Africa’s Economy and the New Global Order
Kester Kenn Russia’s “special military operation” that was approved by State Duma and Federation Council, and directly aims at “demilitarizing and denazifying” the neighbouring former Soviet republic of Ukraine has shattered the global economy. The Ukraine crisis and its adverse impact and consequences is squarely blamed on Russia. …
Read More »Treaty on Prohibition of Nuclear Weapons as New Instrument in Nuclear Disarmament Process
Mukhtar Tilieuberdi On June 21–23, Vienna will host a historic event in the field of nuclear disarmament – the First Meeting of the States Parties to the Treaty on the Prohibition of Nuclear Weapons (TPNW). The entry into force of this treaty in January 2021 became a long-awaited …
Read More »Prospect of Global Economy: “Stagflation” or “Recession”?
Wei Hongxu Recently, there have been many different views on the changes brought about by inflation in the U.S. and the global economy. Regardless of those who are of the opinion that the inflation will persist, or those who believe that it is only temporary, most maintain high …
Read More »Why is SME Economic Sector Growth in Trouble?
Naseem Javed The Caution: Let this be clarified, new job creation demands a job creation mindset and not the job seeker mindset. What is the difference and what are the root causes of lingering economic problems of the free world? SME sector growth is a unique performance carried out …
Read More »World Bank forecasts uneven recovery in Middle East and North Africa
Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters. But heightened uncertainty surrounds this forecast due to the war in Ukraine and ongoing …
Read More »The Complexity of China’s Economy Along with Rising Prices
Wei Hongxu So far this year, the world has experienced a surge in inflation driven by rising energy and commodity prices in the post-pandemic environment, aggravated by global monetary easing and supply chain distortions. Inflation in the United States hit a record high of 7.5% in January. In …
Read More »Ukraine war: Middle East food prices soaring, as donor fatigue kicks in
Amid growing donor fatigue and a brutal war in Ukraine that has diverted the world’s attention, the world must not forget millions of people in need across the Middle East and North Africa, the UN chief told the Security Council on Wednesday. António Guterres issued the warning during a …
Read More »Support Shifts away from Fossil Fuels Despite Rising Energy Prices -Survey
According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority of consumers worldwide expect their overall spending power to be significantly impacted by further energy price increases, yet …
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