Anti Environmental CETA Trade Agreement ratification approved despite protests 20:58 May 08 0 comments
Runaway Train Towards Full Digitization of Money and Labor 14:18 Jan 01 2 comments
The Spectre Haunting Europe 23:21 Dec 04 0 comments
Macron prepares enabling act to slash contracts, labor rights in France 22:52 May 23 0 commentsmore >>
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Amidst questions of upcoming G7 meeting dates and which countries are participating, G7 Finance Ministers met virtually about economic issues related to the COVID-19 pandemic. The G7 meeting focused on aid, debt and transparency issues affecting developing countries impacted by the coronavirus. read full story / add a comment
Ryanair CEO Michael O'Leary ridicules Government restrictions and calls for 'unnecessary' lockdown to end
It's not often, in fact never that Indymedia agrees with Michael O’Leary but in this case we do because the whole pandemic is a hoax. Now some people might think this now means that we agree with everything he had ever said, is saying and will ever say in the future. And it is not. We value our freedom and liberty first and foremost rather than submit to police state controls which have been clearly laid out. We don't agree that if Micheal O'Leary says lift the lockdown then we must automatically say the opposite but that is how people will expect us to think.
However given this pandemic is a hoax it means the forces at work are far far bigger than Micheal O'Leary so he is not likely to get his way. In fact the era of tourism for the masses may have come to abrupt permanent end last March for all we know. read full story / add a comment
international / economics and finance / feature Friday May 22, 2020 00:01 by 1 of indy 2 comments (last - wednesday may 06, 2020 10:18) 5 images 1 attached file
Prof Neil Ferguson who was the chief advisor to the UK government in the lead up to the Covid lockdown and was instrumental in bringing it about based his advice on the output of his own undocumented computer code he wrote 13 years ago. In the initial stages of the crisis his "model" predicted 500,000 deaths in the UK from Covid. Then a short time later, he revised his figures sharply downward and said his model now predicted to 20,000 deaths. This incidentally is the same number of deaths from flu in the UK in a typical year. So it appears to be the case that the UK has committed economic suicide based on software that no-one else could inspect in advance nor was there any independent verification. To make decisions based on this type of methodology is nothing short of criminal. And we haven't even got to the assumptions used which obviously are on equally shaky ground given one day the model was predicting 500,000 dead and then when obviously some level of correction was done, it was then only 20,000. read full story / add a comment
As the global coronavirus death toll tops 300,000 people, the leaders of the World Health Organization (WHO) prepare to hold their leadership meetings virtually from May 18th - 19th Indy Editor Note: Numbers need to be put in context. By the WHO's own figure up to 650,000 people die worldwide per year.
Hydroxychloroquine is a very cheap, safe and effective drug that can be used against Covid.This knowledge is being suppressed big pharma and govts and unfortunately thousands of organisations are not ware of this and think a cure has to be found when one exists already. read full story / add a comment
As another country ratifies the CETA trade agreement, the pressure will come on Ireland to do the same. The question that arises is where will the Greens stand on it as they ready themselves to get into power. Perhaps they will sell themselves out even before they get there.
The countries that have ratified CETA are Austria, Croatia, Czechia, Denmark, Estonia, Finland, Latvia, Lithuania, Malta, Portugal, Spain, Sweden, and now Luxembourg.
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national / economics and finance / feature Monday April 27, 2020 13:35 by 1 of indy 2 comments (last - friday may 29, 2020 21:28) 10 images
Never before in the history of the world has there been such a massive and widespread shutdown of the economy for as long as for this Covid-19 scare. As of today April 21st it has been more or less shutdown for a month and the politicians instead of doing their usual and saying we will be out of this soon are saying we need to continue it indefinitely and even when the lockdown is lifted, it will only be gradual return to normality. Clearly everyone is worried and a lot depends on how long this lockdown continues for. The question is not whether the economy both here in Ireland and globally will be damaged but more by how much. This is an important question because real lives depend on what happens in it
Here we attempt to assess where we are, what has happened and what logic dictates are some of the possible outcomes. read full story / add a comment
The International Monetary and Financial Committee, the leadership of the IMF, released their Spring Meetings communiqué calling coronavirus economic impacts, "unprecedented" and that "the global economic outlook is subject to high uncertainty." read full story / add a comment
The G20 announced a suspension of debt payments and interest for the world's 76 poorest countries in order to bolster health services to confront the coronavirus. read full story / add a comment
Major Religious Institutions Urge President, IMF and G20 to Cancel Debts and Use Reserves to Protect Poor
Many of the largest religious institutions are calling for financial crisis protections, debt relief and additional resources to protect the world's poor in what the IMF calls the greatest financial crisis since the Great Depression. read full story / add a comment
The IMF says we face the worst economic crisis since the Great Depression because of the coronavirus. read full story / add a comment
The US Conference of Catholic Bishops and Jubilee USA Network, an interfaith religious group, is urging President Trump to lead the G20 on coronavirus global debt relief plans. read full story / add a comment
Saudi Arabia chaired an emergency virtual G20 meeting for Presidents and Prime Minsters as the coronavirus wreaks havoc on the global economy. read full story / add a comment
The International Monetary Fund asked G20 countries and other lending countries to stop collecting debt from poor countries due to the coronavirus pandemic. read full story / add a comment
On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt. read full story / add a comment
Financial Justice Ireland and the Latin America Solidarity Centre are pleased to host Luiz Vieira of the Bretton Woods Project for a public talk on the role of the IMF in Latin America.
Monday 24th Feb @ 7pm
Wynn's Hotel, Dublin 1 read full story / add a comment
The leaders of the World Bank and IMF discussed concerns of global debt levels at an event held today at the World Bank Preston Auditorium. read full story / add a comment
national / economics and finance / opinion/analysis Saturday December 21, 2019 20:25 by Diamantina 36 comments (last - wednesday february 05, 2020 21:46)
The exploitation of tax funds for private personal gains by state sector employees, particularly at universities.UCC as example.
The public is funding things like applications for human gene patents. This means that we all have to pay to have access to our genetic coding and bodies. The people applying for the patents stand to benefit personally in any future income generated by such patents because despite being paid a publicly funded salary, the universities also pay the employee a percentage in future. read full story / add a comment
national / economics and finance / news report Friday November 22, 2019 21:40 by 1 of indy 1 comment (last - friday november 22, 2019 21:52) 1 video file 1 attached file
The Nevin Economic Research Institute (NERI) one of the few non right wing think tanks regularly produces interesting reports, research and other information. Information that is key to understanding what is happening in our society and how various socio economic factors are trending.
In a recent "In Brief" four page report that they have done on work, they analysis the risk of poverty rates across the broad categories of employment in Ireland. One of it's key findings is that: deprivation rates are higher in 2017 than in the years leading up to the crisis, including for full-time, permanent staff. The analysis also shows that for all but one of the seven categories, Irish employees in 2017 were less likely to be able to meet an unexpected expense (of approximately €1,000) than before the financial crisis.
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Washington DC - The House of Representatives scheduled a vote for 5:15 PM EST on the Corporate Transparency Act of 2019 (H.R. 2513). The bill reveals the true owners of "anonymous" shell companies to law enforcement.
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national / economics and finance / news report Tuesday September 17, 2019 13:25 by Abolfaz Hassanbeig
Saudi Arabia has just now begged Iran for gasoline after the sudden cut of Saudi domestic supplies due to the new Yemeni drone attacks on Saudi major oil facilities on Tuesday.Saudi was once the world's largest crude oil exporter read full story / add a comment
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