Category Archives: International News

World Economics: The Greatest Financial Train Wreck the World Has Ever Seen – Bill Bonner’s Diary

Bill Bonner’s Diary

BALTIMORE — Last week, stocks finished at an all-time high. But guess what? In terms of real money — gold-linked, pre-1971 dollars — stocks have been losing ground since the start of the millennium.

We are looking at one of the most remarkable episodes in financial history. Investors think they are making money… when they’re actually getting poorer.

Donald J. Trump tells the international Deep Staters at Davos that the U.S. economy is “spectacular”, but most of its countries have never recovered from the crisis of ’08-’09.

What a jolly time to be alive… to be conscious… with a few dollars saved up and a sense of humor. And coming up… a financial Demolition Derby on a global scale…              Continue reading

India: Narendra Modi stokes divisions in the world’s biggest democracy – The Economist

India’s 200m Muslims fear the prime minister is building a Hindu state

Narendra Modi

Leaders- Jan 23rd 2020 edition – Jan 23rd 2020 – The Economist

Last month India changed the law to make it easier for adherents of all the subcontinent’s religions, except Islam, to acquire citizenship. At the same time, the ruling Bharatiya Janata Party (bjp) wants to compile a register of all India’s 1.3bn citizens, as a means to hunt down illegal immigrants (see Briefing). Those sound like technicalities, but many of the country’s 200m Muslims do not have the papers to prove they are Indian, so they risk being made stateless. Ominously, the government has ordered the building of camps to detain those caught in the net.        Continue reading

Reducing Fire, and Cutting Carbon Emissions, the Aboriginal Way – Thomas Fuller | The New York Times

Thomas Fuller | The New York Times

As blazes rage in southern Australia, Indigenous fire-prevention techniques that have sharply cut destructive bushfires in the north are drawing new attention.

COOINDA, Australia — At a time when vast tracts of Australia are burning, Violet Lawson is never far from a match. 

In the woodlands surrounding her home in the far north of the country, she lights hundreds of small fires a year — literally fighting fire with fire. These traditional Aboriginal practices, which reduce the undergrowth that can fuel bigger blazes, are attracting new attention as Australia endures disaster and confronts a fiery future.                  Continue reading

Corruption: Guyana registers best ever score on Transparency International ranking

Guyana has risen three points in the latest Transparency International (TI) Corruption Perceptions Index (CPI) Report, registering its best score ever and was once again listed among 22 countries which have significantly improved their standing in the last eight years.

“In the last eight years, only 22 countries significantly improved their CPI scores, including Greece, Guyana and Estonia,” the TI Corruption Perceptions Index 2019 report said.

Guyana now has a score of 40 and is ranked at 85 out of the 180 countries which were looked at for the report which was released on January 23, 2020.            Continue reading

US Secretary of State, Michael Pompeo Urges Caribbean To Be Wary Of Chinese Investments

— As Washington Seeks Closer Relations

US State Secretary Urges Caribbean To Be Wary Of Chinese Investments As Washington Seeks Closer RelationsPHOTO: United States Secretary of State, Michael Pompeo, addressing a policy discussion session on US-Caribbean relations on Wednesday (January 22) at The Jamaica Pegasus in New Kingston, Jamaica. The meeting formed part of Pompeo’s two-day working visit to the island. Photo credit: Dave Reid And Adrian Walker/JIS.

KINGSTON, Jamaica, January 24, 2020 (CMC) – The United States, on Wednesday, urged Caribbean countries to be wary of accepting “easy money from countries, like China”, as Washington sought to improve its decades-old relationship with the region.

US Secretary of State, Michael Pompeo, addressing a policy discussion on “US Caribbean Relations”, acknowledged that the North American giant had been absent from the Caribbean for a long period.      Continue reading

Suriname: President Desi Bouterse fights 20 year jail sentence for 1982 executions

January 15, 2020BY BERT WILKINSON – Caribbean Life News. NY

In about a week’s time, embattled Surinamese President Desi Bouterse of Suriname will make his very first appearance before a court or war council which had last month ordered him jailed for 20 years for the 1982 mass executions of 15 government opponents.

The Jan. 22 hearing is designed to allow Bouterse, 74, to signal his plans to appeal the jail sentence for the killings in the height of military rule, following the February 1980 coup that had toppled the elected government of then Prime Minister Henck Arron.

Bouterse, trying to win a third consecutive five-year term in general elections on May 25, has never appeared before the panel of judges hearing the mass murder case for more than a decade, but now that he has been sentenced, he has wasted no time in moving to appear knowing full well that the sentence will be confirmed and imposed if he stays away again.              Continue reading

Food, Migration, and Diversity: Short Story: Call for Papers – June 24-27. 2020

Food, Migration, and Diversity

The Many Flavors of the Short Story

24 – 27 June 2020 – University of Calabria, Rende, ITALY.

CALL FOR PAPERS – Deadline extended: February 1st 2020

The 16th International Conference on the Short Story in English will take place from June 24-27, 2020 at the University of Calabria, Rende, Italy with the theme: “Food, Migration, Diversity: The Many Flavors of the Short Story.

In This Land Is Our Land: An Immigrant’s Manifesto (2019), Suketu Mehta states that wherever there are immigrants, there are stories to give voice to their feelings of displacement and belonging through memory and acts of resilience. Their lives are indeed floating narratives that become a powerful symbol of the fluidity and vulnerability of our contemporary world.            Continue reading

Economics: IMF boss says global economy risks return of Great Depression

Kristalina Georgieva compares today with “roaring 1920s” and criticises UK wealth gap

Kristalina Georgieva
 Speaking in Washington, Kristalina Georgieva singled out the UK for its growing inequality gap. Photograph: Jim Watson/AFP via Getty Images

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.

Speaking at the Peterson Institute of International Economics in Washington, Kristalina Georgieva said new IMF research, which compares the current economy to the “roaring 1920s” that culminated in the great market crash of 1929, revealed that a similar trend was already under way.            Continue reading

Brazilian tribes back manifesto to save Amazon habitat from President Bolsonaro

Indigenous leader Cacique Raoni of Kayapo tribe delivers a speech during a four-day pow wow in Piaracu village, in Xingu Indigenous Park, near Sao Jose do Xingu, Mato Grosso state, Brazil, January 17, 2020. REUTERS/Ricardo Moraes

Indigenous leader Cacique Raoni of Kayapo tribe delivers a speech during a four-day pow wow in Piaracu village, in Xingu Indigenous Park, near Sao Jose do Xingu, Mato Grosso state, Brazil, January 17, 2020. REUTERS

XINGU INDIGENOUS PARK, Brazil, (Reuters) – Leaders of native tribes in Brazil issued a rallying call to protect the Amazon rainforest and its indigenous people from what they called the “genocide, ethnocide and ecocide” planned by the country’s far-right President Jair Bolsonaro.            Continue reading

QUOTES: Excellent observations and wisdom from great thinkers

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