'Unseen' News and Views
European Union leaders struggle to find solutions for the energy crisis. Credit: Bigstock
– Preoccupied with enhancing their own ‘credibility’ and reputations, central banks (CBs) are again driving the world economy into recession, financial turmoil and debt crises.
Anis Chowdhury
Wall Street ‘cred’
Most CB governors believe ‘credibility’ is desirable and must be achieved by fighting inflation at any cost. To justify their own more harmful policies, they warn inflation is ‘damaging’.
They argue CBs need ‘independence’ from governments to pursue ‘credible’ monetary policy. Inflation targeting to ‘anchor’ inflation expectations is supposed to generate desired ‘confidence’. But CBs have been responsible for many costly failures.
The US Fed deepened the 1930s’ Great Depression, the 1970s’ stagflation and the early 1980s’ contraction, besides contributing to the 2008-09 global financial crisis (GFC). Hence, CB notions of ‘credibility’ and ‘independence’ need to be reconsidered.
From offshore dealings to right-wing think tanks, here’s our guide to the man who could become the UK’s richest PM.
Richard Falk
Ever since the Ukraine War started on 24 Feb 2022, the NATO response, mainly articulated and materially implemented by the U.S., has been to pour vast quantities of oil on the flames of conflict, increasing the scale of violence, the magnitude of human suffering, and dangerously increasing the risk of a disastrous outcome.
Not only did Washington mobilize the world to denounce Russia’s ‘aggression,’ but supplied advanced weaponry in great quantities to the Ukrainians to resist the Russian attack, and did all it could at the UN and elsewhere to build a punitive coalition hostile to Russia but coupled this with a variety of sanctions and the demonization of Putin as a notorious war criminal unfit to govern.
This perspective of state propaganda was faithfully conveyed by a self-censoring Western media filter that graphically portrayed on a daily basis the horrors of the war experienced by the Ukrainian civilian population and a newly West-oriented enthusiasm for the ICC gathering as much evidence as possible of Russian war crimes.
Girls are primarily victims of sexual exploitation (72% of detected girl victims), while boys are mainly subjected to forced labour (66% of detected boy victims).Consequently, any given “god” has been historically presented as a man. And some say that God created the first woman (Eve) from the rib of a man (Adam). According to this, women are just a “sub-product.”
(UN News)* — African States are on the front line of the climate crisis, a senior UN official told the Security Council on Wednesday [], but far more action is needed to turn the tide on rising emissions, and reduce global warming.
During a debate on strengthening the response to the impacts of climate change on peace and security in Africa, Assistant Secretary-General for Africa, Martha Ama Akyaa Pobee, said that “our response today does not match the magnitude of the challenge we are facing”.“
To support the African continent…we must act on multiple fronts”, she said, calling for “ambitious climate action”, and accelerated implementation of the Paris Agreement.
It is becoming increasingly clear that the concept of the absolutely sovereign nation-state is a dangerous anachronism in a world of thermonuclear weapons, instantaneous communication, and economic interdependence.
Probably our best hope for the future lies in developing the United Nations into a World Federation. The strengthened United Nations should have a legislature with the power to make laws that are binding on individuals, and the ability to arrest and try individual political leaders for violations of these laws.
The world federation should also have the power of taxation, and the military and legal powers necessary to guarantee the human rights of ethnic minorities within nations.
Mineral supply chains are often linked to child abuse, human trafficking, forced labour and other human rights violations. Credit: Tommy Trenchard/IPS
With 500 million plus people living in extreme poverty, Africa has also been transformed in a sort of grave for half of the world’s victims of terror. The continent is also the land with the highest suicide rate on Earth. Why?
UK prime minister and Chancellor Liz Truss and Kwasi Kwarteng | PA Images / Alamy Stock Photo
HUMAN WRONGS WATCH 