The Not-So-Free Market of Global Capitalism

IMG_0911 (Επεξεργασμένο)The belief that global capitalism today is based on a free market is a lie, claims Dr Guy Standing, the Professorial Research Associate at the School of Oriental and African Studies at SOAS. The no-so-free market claim is one of six lies of global capitalism Dr Standing discusses in his new book, The Corruption of Capitalism. Continue reading The Not-So-Free Market of Global Capitalism

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TV: TEF Protest at Leeds University

IMG_7490A month ago the students of Leeds University gathered in order to protest against the Teaching Excellence Framework (TEF). The Daily Bulletin interviewed Emma Healey (Equality & Diversity Officer at the University of Leeds) and asked the students their opinions about the new government law. Continue reading TV: TEF Protest at Leeds University

Fed Reserve Climbs US Interest Rates

31715543074_ba6be80a4a_oThe Federal Reserve climbed US interest rates by another 25 basis points – its third upward move since the financial crisis. Janet Yellen, chair of the Fed’s leading body of governors, said the economy is on a sound balance as unemployment is falling, thus rates need to go up to minimise the inflation. She anticipates that the central bank will increase rates twice more this year, quickening from the single rate raises in 2015 and 2016. She additionally specified that the rate rises will be steady and motioned ahead of time – and that it is fundamental to move rates upward to keep away from a blast and bust. Continue reading Fed Reserve Climbs US Interest Rates

EU Lawmakers Approve Of Disputed Canada-EU Trade Deal

2123523275_bf10e0ef17_oIn February, European lawmakers voted to approve a disputed Canada-EU trade deal called CETA, something that could boost tar sands imports into the EU. The European Parliament vote was passed 408 to 254, following an intense argument in Strasbourg with protests went on outside. Continue reading EU Lawmakers Approve Of Disputed Canada-EU Trade Deal