Inflation Phobia Hastens Recessions, Debt Crises

SYDNEY and KUALA LUMPUR, Sep 27 (IPS) – Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues from Washington: the US Fed, Treasury and Bretton Woods institutions (BWIs). Read the full story, “Inflation Phobia Hastens Recessions, Debt […]

‘We need all hands on deck!’ The world’s ‘to-do list’ is long and time is short, UN deputy chief tells Global Citizen Festival

Every problem we face is a problem that we created – so it’s a problem we can solve together, declared UN Deputy Secretary-General Amina Mohammed on Saturday, rallying the crowd gathered in New York’s Central Park for the 2022 Global Citizen Festival to keep holding their leaders accountable: with hope and action, a world free […]