Opinion by Jomo Kwame Sundaram, Anis Chowdhury (kuala lumpur and sydney) Tuesday, July 19, 2022 Inter Press Service KUALA LUMPUR and SYDNEY, Jul 19 (IPS) – Joining or ratifying dubious trade deals is supposed to offer miraculous solutions to recent lacklustre economic progress. Such naïve advocacy is misleading at best, and…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, July 12, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jul 12 (IPS) – Long a means for powerful nations to influence developing countries, development finance has gained renewed significance in the new Cold War. Unlike during the US-Soviet…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, July 05, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jul 05 (IPS) – Long seen as means to seek advantage on the pretext of providing mutual benefit, free trade agreements (FTAs) may increasingly be used as economic weapons…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, June 28, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jun 28 (IPS) – Rich country governments claim the high moral ground on climate action. But many deny their far greater responsibility for both historic and contemporary greenhouse gas…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, June 21, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jun 21 (IPS) – After decades of rejecting international tax cooperation under multilateral auspices, rich countries have finally agreed. But, by insisting on their own terms, progressive corporate income…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, June 14, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, Jun 14 (IPS) – US-led sanctions are inadvertently undermining the dollar’s post-Second World War dominance. The growing number of countries threatened by US and allied actions is forcing victims…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (kuala lumpur and sydney) Tuesday, June 07, 2022 Inter Press Service KUALA LUMPUR and SYDNEY, Jun 07 (IPS) – Food crises, economic stagnation and price increases are worsening unevenly, almost everywhere, following the Ukraine war. Sanctions against Russia have especially hurt those relying on…
Source: 2022 Global Report on Food Crises; 2022: projected Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, May 31, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, May 31 (IPS) – US and allied economic sanctions against Russia for its illegal invasion of Ukraine have not achieved…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, May 24, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, May 24 (IPS) – A class war is being waged in the name of fighting inflation. All too many central bankers are raising interest rates at the expense of…
Opinion by Jomo Kwame Sundaram, Anis Chowdhury (sydney and kuala lumpur) Tuesday, May 17, 2022 Inter Press Service SYDNEY and KUALA LUMPUR, May 17 (IPS) – Central bank policies have often worsened economic crises instead of resolving them. By raising interest rates in response to inflation, they often exacerbate, rather than…
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