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Neoliberalism is contemporarily used to refer to market-oriented reform policies such as “eliminating price controls, deregulating capital markets, lowering trade barriers” and reducing, specially through privatization and austerity, state influence
Foreign ownership in Saudi Arabia’s stock exchange hit SR264 billion ($70 billion) last year amid efforts by the Kingdom to spur foreign investment, reported Arab News citing the latest release
Continue readingForeign Ownership in Saudi Stock Market Soars to $70bn in 2021
By Jomo Kwame Sundaram: Capital flight is widespread, with resource-rich countries more vulnerable. ‘Mis-invoicing’ exports and embezzling export earnings of state-owned mineral companies have been central to such wealth appropriation.
DESPARDES Report: The oil and gas supply crisis unleashed by geopolitical conditions represents new business opportunities for the oil-producing countries of the developing South, both traditional and emerging, and also
Continue readingOil and Gas Extraordinary Revenues: Consumers Paying the Price
Overall, construction output in the United Arab Emirates (UAE) is expected to remain below 2019 levels until 2023, says the “United Arab Emirates (UAE) Construction Market Size, Trends and Forecasts
Continue reading‘UAE Construction Output To Remain Below 2019 Levels’
Pipelinistan and geopolitics of energy security are South Asia’s (particularly India and Pakistan) major issues on the front burner -albeit of national security matter, and not peripheral options. Both neighbors
Russia’s invasion of Ukraine has already transformed the global economy—but not in the ways one might expect, FP’s Adam Tooze writes. “One lasting story of this war could be the
Continue readingUkraine war has already changed the world economy
Ron Paul (former Congressman from Texas) once gave a speech called “The End of Dollar Hegemony,” where he pointed out the ONE THING that would precipitate the US dollar’s collapse.
Continue readingMore Countries are Now Abandoning US Dollar. Is the End Near?
Congratulations to the workers at Starbucks for your union organizing success. A union means not only better wages and working conditions, it means having some control over your job and
Continue readingBernie Sanders on Corporate Greed, Corrupt Political System, Oligarchy
THE SCALE OF THE WESTERN RESPONSE to Russia’s invasion of Ukraine has been as surprising as the invasion itself. In the span of a few days, a highly integrated capitalist economy
Pakistan has improved its position amid COVID-19 shock on Ease of Doing Business Index (EODB) for the second consecutive year, according to the annual report issued by Securities and Exchange
Continue readingPakistan Regains It’s Decade-Old Ease of Doing Business Ranking
World Economic Forum (WEF) organizers are expecting leaders for a virtual gathering starting Monday — after the COVID-19 pandemic doused plans for the annual in-person event in Davos, Switzerland. Those
Continue reading‘Virtual’ Davos in Era of Pandemic Beyond Geopolitics