A Former Economist at Sri Lanka’s Central Bank Explains Why the Country Went from Boom to Bust
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A Former Economist at Sri Lanka’s Central Bank Explains Why the Country Went from Boom to Bust

Toward the end of the civil war, in 2006, the government tried to jumpstart growth by borrowing heavily and attracting foreign capital by propping up the rupee. It led to a external debt crisis, which spiralled out of control from the crisis in Ukraine.

The Costs of (Another) War, When We Could be Fighting Climate Change
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The Costs of (Another) War, When We Could be Fighting Climate Change

The long-term suffering likely to come from the environmental damage we’re causing should impel us all to call for a major diplomatic push to end the nightmare in Ukraine now. After all, if the world’s great powers don’t pull together soon on climate action, we’re in trouble deep.

Deucha Pachami Coal Mining Project in West Bengal: The Old Bluff Wrapped in a New Foil
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Deucha Pachami Coal Mining Project in West Bengal: The Old Bluff Wrapped in a New Foil

The mine would severely affect a vast area of Birbhum district. The top soil, which had taken lakhs of years to form, would be turned into a heap of wastes. The area would be turned into a desert. The fertility of the soil would be damaged. The diversity of terrestrial and aquatic life would suffer a huge loss.

Two-Day Bharat Bandh Against ‘Govt’s Anti-People Policies’
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Two-Day Bharat Bandh Against ‘Govt’s Anti-People Policies’

The ‘Bharat Bandh’ strike was called for by ten central trade unions against the “anti-worker, anti-farmer, anti-people and anti-national policies” of the Union government. Their demands included scrapping of the new labour codes, no privatisation, increased allocation of wages under MNREGA, among others.

Brazil’s Ex-President Dilma Rousseff: US-China Conflict Is Neoliberalism vs Socialism
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Brazil’s Ex-President Dilma Rousseff: US-China Conflict Is Neoliberalism vs Socialism

President Dilma reiterates the need for Brazil to integrate with the rest of Latin America, to break its dependency on the US, to develop a truly sovereign foreign policy, and work closely with China – a country which is willing to work with other countries on the basis of equality.

Finance Capital Demands an End to Shanghai’s Lockdown and China’s Zero-COVID Policy
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Finance Capital Demands an End to Shanghai’s Lockdown and China’s Zero-COVID Policy

Financial Times, the leading international business newspaper, has in a statement denounced lockdowns and all other public health measures that impinge on the production of profits but have saved millions of lives in China.