Monthly Archives: August 2011

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Please help Mongolian to save their beautiful unspoiled nature!

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With 3500 lakes, located in the western and northern parts of the country, 1194 of these lakes do not dry all the year around, with around 3000 rivers in total with a combined length of 67,000 kilometers, 6900 springs, 250 mineral water springs. 187 glaciers which covers 540 square km, it seems absurd to think of it as a place for nuclear waste dump.
Stop the U.S. from creating a nuclear waste dump in Mongolia Continue reading

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Global Economic Downturn – Europe and China

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The Crisis in Europe
The sovereign debt question also created both a financial crisis and then a political crisis in Europe. While the American financial crisis certainly affected Europe, the European political crisis was deepened by the resulting recession. There had long been a minority in Europe who felt that the European Union had been constructed either to support the financial elite at the expense of the broader population or to strengthen Northern Europe, particularly France and Germany, at the expense of the periphery — or both. What had been a minority view was strengthened by the recession. Continue reading

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Global Economic Downturn: A Crisis of Political Economy

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by George Friedman. formerly economic advisor of Roland Reagan. Classical political economists like Adam Smith or David Ricardo never used the term “economy” by itself. They always used the term “political economy.” For classical economists, it was impossible to understand politics without economics or economics without politics. The two fields are certainly different but they are also intimately linked. The use of the term “economy” by itself did not begin until the late 19th century. … Continue reading

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Structural Adjustment Programmes: Official Aims vs Actual Experience

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by Ac. Krtashivananda. The Structural Adjustment Programme(SAP) do vary from country to country, but the main policies demanded by IMF; WB and WTO are the same.An attempt has been made to find out why SAP do not work well, and contrary to official claims.                             It has been found out that most of the private industries are financed by the govt. financing agencies. … Continue reading

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The Heresay of Greece Offers Hope

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  The economic collapse that happened in Greece in 2008 and whose effect is still continued, described by John Pilger, as a microcosm for the developed world, where class war are the words seldom used because they are the truth. John Pilger The crisis that has led to the “rescue” of Greece by the European banks and the International Monetary Fund is the product of a grotesque financial system which itself is in crisis. Greece … Continue reading

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The Promoters of Neo Colonialism

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  WORLD BANK(WB),  INTERNATIONAL MONETARY FUND (IMF) AND WORLD TRADE ORGANISATION (WTO) ARE THE PROMOTERS OF NEO COLONIALISM. by Ac. Krtashivananda IMF and WB were set up at the end of World War II at Bretton Woods USA in 1944. After the war, USA emerged as a successful victor in political and economic terms. The USA was looking for new growing markets and sources of raw material. Simultaneously freedom struggle against colonial countries were gaining … Continue reading

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