What Next for Global Growth? WEF, Davos 2022
We considered it important that our readers pay critical attention to the World Economic Forum Annual Meeting held between 22 to 26 May in Davos, Switzerland. We re-publish here the full transcript from a panel discussion titled "What Next for Global Growth?" with Tom Keene, Managing Editor, Bloomberg Television &
Sri Lanka at centre of growing debt and inflation crisis
By Nick Beams Sri Lanka, now engulfed by ongoing demonstrations and protests, is at the centre of a debt storm ripping through a swathe of lower-income countries. This is bringing social devastation for hundreds of millions of people as capitalist governments, banks, financial speculators and the International Monetary Fund (IMF) demand
Sri Lankan government tables sham amendments to draconian anti-terrorism law
By Sanjaya Jayasekera Early last month, the Sri Lankan Foreign Minister G. L. Peiris tabled an amendment bill in parliament to the notorious Prevention of Terrorism Act (PTA) with debate to begin on March 8. Two petitions filed in the Supreme Court challenging the unconstitutionality of the amendments are yet
Poorer countries facing sovereign debt crisis
By Nick Beams The move by the US Federal Reserve and other major central banks to lift interest rates in response to rising inflation threatens to set off a sovereign debt crisis for many so-called emerging market economies and low-income countries. Numerous warnings to this effect have been made since the beginning
US supreme court will hear challenge to affirmative action in college admission
Harvard and University of North Carolina are defendants, giving majority-conservative court an opportunity to overturn precedent. Historically, the supreme court has upheld the use of race-based considerations in college admissions since first affirmative action case in 1974. The US supreme court agreed on Monday to hear a pair of cases on race-based
Assange granted leave to appeal to UK Supreme Court against extradition
By Oscar Grenfell, Thomas Scripps The UK High Court has provided WikiLeaks founder Julian Assange a route to appeal to the Supreme Court in his extradition case against the United States government. Assange is seeking to overturn the High Court’s direction last December that he be extradited, against the earlier ruling of