Puerto Rico in the midst of an economic collapse, admits U.S. Treasury official
The pipe dream days of easy money and endless credit are coming to an end in the United States, and the first place that is becoming evident is in a U.S. territory, Puerto Rico. The Caribbean nation has been in economic dire straights for some time, but U.S. Treasury Secretary Jack Lew recently announced in Read More
Bernwashing and American corporatocracy
If tweets, shares and hashtags are any indication, then there’s no doubt that Democrat presidential candidate Bernie Sanders has managed to capture a huge chunk of 2016’s millennial voting block. Voters have lapped up Sanders’ promises of mandating high-paying jobs, rallying against overseas outsourcing and ending the Drug War. His solution: a renewed sense of socialism in America, and Read More
COP21: African campaigners seek to make rich countries liable, demand compensation for effects of global warming
African politicians and NGOs are demanding reparation for the damage allegedly being inflicted on the continent by global warming — a problem that, according to campaigners, continues to persist only because of the activities of developed countries. As mentioned in The Independent, campaigners insist “compensation should cover everything from storm damage and crop failure to desertification and forest degradation.” Moreover, they maintain that “the Read More
