In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and aimed at largely unregulated global grain markets.
Economics
Eurostat: Euro area annual inflation up to 9.1%
Inflation was up from 8.9 per cent in July, which was itself a record high in the 23-year history of the euro. Read Here
Geopolitics
The Electronic Intifada -Israeli media censors Iranian strike on cyberwarfare base
An Iranian ballistic missile strike devastated a key Israeli military cyberwarfare base in Beersheba, in the southern Negev region, early Friday morning. But you wouldn’t know it from Israeli media, which remains under strict military […]
Climate Crisis
Simon Wren-Lewis: How to pay for the Green New Deal
In our continuing coverage of the Green New Deal we are presenting an article by Simon Wren-Lewis, an economics professor and advisor of Jeremy Corbyn. There is one especially good passage: “No one in a […]
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