The Trump administration’s 2018 budget proposal was a genuine masterpiece of cruelty. “President Trump’s 2018 budget contains the largest dollar cuts to programs for low- and moderate-income [...]
Since Britain voted to leave the E.U. in 2016, the country has witnessed an alarming spike in rightwing hate crime. Many are now warning that the “febrile” atmosphere escalating around Brexit as [...]
On Tuesday at midnight, Argentina’s General Confederation of Workers (CGT) began its 24-hour general strike against Mauricio Macri’s austerity policies. On Monday, the Argentine Workers’ Central [...]
In 2014, Portugal stood on the brink. Its economy had collapsed amid Europe’s debt crisis, and unemployment had doubled. As part of a bailout program with the International Monetary Fund, which [...]
Athens, Greece - Flags and banners fluttered above a steady stream of protesters, who chanted anti-austerity slogans as they marched through the streets of the Greek capital. On Wednesday, [...]
Police in Puerto Rico deployed tear gas and fired rubber bullets to shut down May Day protests as thousands of people took to the streets of the U.S. territory, which is still battling the [...]
Washington, DC - Frustration at Anacostia High boiled over Wednesday, with the entire teaching staff walking out of class midmorning to protest building conditions — conditions teachers say city [...]
Robert Mueller, the former head of the national political police (FBI), has indicted 13 Russian nationals for the crime of sowing “discord in the U.S. political system” and encouraging “U.S. [...]
ATHENS, GREECE (Analysis) – Hundreds of thousands of Greeks took to the streets of Thessaloniki, Greece’s second-largest city, on Sunday, January 21, in a mass rally opposing a compromise on the [...]
Tunisia has erupted over the past three days in demonstrations and violent clashes with security forces. Workers and youth have taken to the streets in at least 18 different towns in protest [...]
Israeli workers are facing an onslaught on jobs, wages and conditions, in both the public and private sectors. The attacks organised by the corporations, government and the courts are proceeding [...]
The current economic status quo—with stock markets soaring while wages remain flat and inequality widens—is both unstable and unsustainable. The coming shock will only accelerate these trends in [...]
The Republican Party is celebrating the passage of a deeply unpopular and comprehensive rewrite of the U.S. tax code, which critics argue is skewed unjustly toward the rich. Members of the party, [...]
Holding a huge, electrified banner reading “Resist austerity,” while chanting to the rhythm of a brass band, hundreds of members of the Professional Staff Congress marched from the Graduate [...]
By Michael Hudson for Counter Punch - In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined [...]
