New York State lawmakers extended their legislative session into the weekend as a vote on the New York Taxpayer and International Debt Crises Protection Act remains pending. read full story / add a comment

Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act read full story / add a comment

Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF read full story / add a comment

The bloody war in Ukraine egged on and supported by the USA, NATO and EU continues to drag on as well as the idiotic self destructive sanctions is only going to end up to the great detriment to Europe. In this article written by Dr. Seshadri Kumar he presents his analysis and it is important that these are made more widely known.

At the start of the human tragedy that is the Ukraine war, I delved into the underlying causes of the conflict from the perspective of a historian and political scientist. That analysis, “Understanding The Great Game in Ukraine,” is available here.

Events have progressed since then, and an important fallout of the war has been economic. In this article, I look at the role and situation of Europe from the perspective of an economist.

The European Union has taken a very definite political stance on the Russia-Ukraine conflict, aligned with the United States. It has applied 8 rounds of economic sanctions against Russia, and at the time of writing, is working on a 9th package.

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Economist Michael Hudson was recently interviewed on RT by Peter Scott on the current situation with regard the US instructing Europe to commit economic suicide -aka the sanctions against Russia. In it, he lays out what his happening and where Europe and the US is headed. It cuts right through the bullshit narrative

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All State Land And Property To Be Sold To a Private Entity Called The Land Development Agency. Yes you heard this correctly.

The government is transferring all state land and property to a private entity called the Land Development Agency. We cannot allow this to happen. The Post Offices are semi-state owned but they are actually being starved of cash.

Richard Boyd Barret TD: In the Dail

Just wow is all I can say… of course the minister has already left the building. The boys are back in town. Fianna Fáil and the developers. This is a hyper-speed version of “The Mistakes of the Past”. This legislation is a heist, is a legal method to pillage the land bank, the entire public land bank. It’s absolutely extraordinary. It’s not just local authorities, it’s every single public sector and their land. Not just housing land, “any relevant land” you can look at the definition in the legislation. They can take any bit of land from any public body and they can do what they like with it. “

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Melissa Ciummei, a financial investor from Northern Ireland, has serious concerns that injection passports will be used more like data passports to control participation in society.

NB. FACEBOOK IS BLOCKING OUR BACK-UP PAGE SO TONIGHT'S SHOW WILL BE BROADCAST ON OUR MAIN PAGE. WE ARE TAKING A RISK IN DOING SO AS ONE MORE STRIKE COULD HAVE US PERMANENTLY REMOVED FROM FACEBOOK. WATCH TONIGHT'S SHOW AT THE FOLLOWING LINKS... read full story / add a comment

The IMF World Economic Outlook report lowered economic growth projections for wealthy and poor countries. The IMF forecasts 5.9% global economic growth. read full story / add a comment

An investigation into more than 11 million private financial documents show hundreds of public officials in 90 nations using schemes to hide wealth offshore and avoid taxes. The International Consortium of Investigative Journalists released the Pandora Papers in partnership with the Washington Post and 600 journalists in 116 countries. read full story / add a comment

G20 finance ministers begin two-day meetings in Italy on Friday on COVID response, economic recovery, vaccines, debt relief and global tax agreements. More than 265 groups signed a letter organized by Jubilee USA urging the G20 to act on debt relief, aid and COVID healthcare for developing countries. read full story / add a comment

The International Monetary Fund approved a debt relief process for Sudan, according to the country's finance ministry. The Heavily Indebted Poor Countries (HIPC) initiative, a debt relief process created in the early 2000s, will wipe out 85% of Sudan's debt, reducing debt from $50 billion to $8 billion. read full story / add a comment

The World Trade Organization began a process that could make it easier for poor countries to produce or procure COVID-19 vaccines. Pharmaceutical companies hold vaccine patents and WTO action is necessary to waive the patents. Less than 2% of coronavirus vaccines reached poor countries. read full story / add a comment

Heads of the primary global financial, trade and health institutions urged government leaders to finance a $50 billion vaccine plan to end the pandemic. “A two-track pandemic is developing, with richer countries having access and poorer ones being left behind,” shared IMF Managing Director Kristalina Georgieva, World Bank President David Malpass, World Health Organization Director General Tedros Adhanom Ghebreyesus and World Trade Organization Director General Nkozi Okonjo-Iweala in a joint statement. read full story / add a comment

As worldwide COVID cases peak, IMF chief Kristalina Georgieva unveiled a $50 billion proposal to support vaccinations of 60% of the world's population. During a G20 and European Commission summit, Georgieva argued the global vaccine investment would end the pandemic and spur $9 trillion in economic gains by 2025. read full story / add a comment

The United Nations convened on COVID response and development needs for vulnerable, small island and landlocked countries. The President of the Economic and Social Council, Pakistan Ambassador Munir Akram organized the high-level event to focus on countries struggling with specific disadvantages from the crisis. read full story / add a comment

Financial decisions play a critical role in solving climate change, advocated Treasury Secretary Yellen during a US-hosted climate summit. More than 40 world leaders are attending the two-day virtual gathering convened by President Biden. Biden announced a new US target to halve fossil fuel emissions by 2030 and eliminate them by 2050. read full story / add a comment

The Development Committee, a ministerial-level consensus building and policymaking body for the World Bank and the IMF, met as part of the Spring IMF and World Bank Meetings. read full story / add a comment

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report. read full story / add a comment

"The pandemic will reverse the progress made since the 1990s in reducing global poverty and will increase inequality," states the IMF in its flagship World Economic Outlook report. read full story / add a comment

Treasury notified Congress of its support for $650 billion in IMF global reserves, also known as Special Drawing Rights (SDRs), to assist developing countries struggling with the coronavirus crisis. US law requires a ninety-day advance alert to Congress before the US votes for SDRs with the IMF board. read full story / add a comment