Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
The 10th anniversary of the Belt and Road Initiative (BRI) in Beijing on October 18, 2023, witnessed the usual smiles and handshakes. But China’s economic landscape, dependent on robust supply chain networks, is facing
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CEO of the Future Investment Initiative (FII) Institute Richard Attias said he is optimistic about the long-term growth of the global economy despite the current turbulence around the world. During the just
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Socialism is capitalism’s critical shadow. When lights shift, a shadow may seem to disappear, but sooner or later, with further shifts of light, it comes back. Capitalism’s ideologues have long fantasized that
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Class struggles interact with but are different from power struggles. The ancient conflicts between city-states Athens and Sparta were power struggles, while within each, slaves and enslavers engaged in class struggles. Britain
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The International Monetary Fund (IMF) and the World Bank began their annual meetings in the Moroccan city of Marrakesh on October 9. Finance ministers and central bank governors from 190 countries are
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“Oil palm is one of the world’s most prominent and effective vegetable oils globally, and is contributing 40 percent of global trade volume in vegetable oils,” said Beatriz Fernandez, who manages the United Nations
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The International Monetary Fund (IMF) has issued a stern and uncompromising call to action. In its recently unveiled Governance Diagnostic Assessment (GDA) on Sri Lanka, the IMF has laid bare a stark
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Two interesting things happened at the BRICS summit in South Africa in August. Several new members were invited to join BRICS in 2024: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
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In a final installment on Thursday night, Sri Lanka made a payment of approximately $50 million, accompanied by $4.5 million in accrued interest, as confirmed by a senior official from the Bangladesh
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Artificial Intelligence (AI) presents a profit opportunity for capitalists, but it presents a crucial choice for the working class. Because the working class is the majority, that crucial choice confronts society as
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