World Economy
World economy: The geopolitics of oil
Capitalism’s ruthless struggle for oil and gas
World Economy
World Economy
World economy: ‘Correction’ or crash?
Was this merely a timely ‘correction’ of speculative bubbles or a preliminary tremor marking the onset of a deeper crisis?
World Economy
World Economy: Peak Oil
The world economy today is hooked on fossil fuels: oil, gas and coal.
World Economy
World Economy: Speculative activity surges in the global economy
One measure of the surge in speculative activity is the sharp rise in foreign exchange (FX) dealing. In September 2004 the Bank for International Settlements (BIS) published its sixth triennial survey of foreign exchange and […]
World Economy
World economy: Profits soar while wages fall
Seventy-three percent of those who were asked in a national opinion poll were in favour of increasing the top rate of income tax on incomes of greater than £100,000 from 40p in the pound to […]
World Economy
World economy: A new oil crisis
The price of oil has surged during 2004, after a period of relatively low prices.
World Economy
World economy: The US economy ‘running on fumes’
The sluggish world economy is being dragged along by two coupled locomotives, with US capitalism at the head of the train and with China as a key auxiliary.
World Economy
World economy: Black gold rush and casino capitalism
A ’black gold’ rush is in full swing.
World Economy
World economy: Debt Relief – Empty words from Bush, Blair and G7
Finance Ministers and central bank chiefs from the seven richest imperialist states, the G7, meet in Washington at the start of October.
World Economy
World economy: New shocks cast cloud over recovery
The recovery in the world economy continues to assume an anaemic character.