The junk debt that tanked the economy? It’s back in a big way.

By Steven Pearlstein 27 July 2018(The Washington Post) – Like most people, you probably assume that the level of lending done by banks at any moment is largely driven by how much demand there is from borrowers. But in the world of modern finance, that’s only part of the story. For just as important is […]

Global Peace Index 2018: World is less peaceful today than at any time in the last decade – “Acceptance of the Rights of Others” has been deteriorating in Europe and North America since 2005

LONDON, 6 June 2018 (IEP) –  The 12th edition of the annual Global Peace Index (GPI) report, produced by the international think-tank the Institute for Economics and Peace (IEP), revealed that the world is less peaceful today than at any time in the last decade. The 2018 GPI reveals a world in which the tensions, […]

How the 2008 financial crash made cities unaffordable worldwide – Property markets in the world’s major cities have “synchronised”, leaving behind nations and citizens

By Nathan Brooker 14 March 2018 (Financial Times) –  In the stormy spring of 2008, the UK’s worsening property downturn was yet to hit Sloane Street in central London. A full year after the start of the credit crunch and the run on Northern Rock — which started a slide that would see more than 20 […]

Global warming has quadrupled ocean dead zones – “The decline in ocean oxygen ranks among the most serious effects of human activities on the Earth’s environment”

4 January 2018 (SERC) – In the past 50 years, the amount of water in the open ocean with zero oxygen has gone up more than fourfold. In coastal water bodies, including estuaries and seas, low-oxygen sites have increased more than 10-fold since 1950. Scientists expect oxygen to continue dropping even outside these zones as […]

Photo gallery: Natural disasters and severe weather in 2017

The Eagle Creek wildfire burns as golfers play at the Beacon Rock Golf Course in North Bonneville, Washington, 4 September 2017. [more] Pictures of the year: Natural disasters Extreme heat in Indonesia: A freshly-scorched landscape in Pekanbaru, Indonesia in August 2017, after a fire caused by hot temperatures and lack of rain. [more] The impact […]

Raging wildfire north of downtown Los Angeles grows to one of the largest blazes in city history

By Ruben Vives, Andrea Castillo, and Alene Tchekmedyian 2 September 2017 (The Los Angeles Times) – A brush fire in the Verdugo Mountains north of downtown Los Angeles has burned more than 5,000 acres, making it one of the largest fires in the city’s history and one that officials warn could grow larger if erratic weather […]

Study finds there are four ways to reduce economic inequality: state collapse, pandemic, revolution, and “mass mobilization warfare”

By Ana Swanson 19 April 2017 (The Washington Post) – Rising economic inequality in the United States has been a major animating force on both the political left and the right. Whether it is Sen. Bernie Sanders promising to rebuild blue-collar communities or President Trump pledging to “make America great again,” today’s political platforms often […]

Michael Mann: I’m a scientist who has gotten death threats. I fear what may happen under Trump.

By Michael E. Mann 16 December 2016 (Washington Post) – My Penn State colleagues looked with horror at the police tape across my office door. I had been opening mail at my desk that afternoon in August 2010 when a dusting of white powder fell from the folds of a letter. I dropped the letter, […]

IMF says global debt tops all-time high at $152 trillion

By David Lawder; Editing by Marguerita Choy 5 October 2016 WASHINGTON (Reuters) – The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached […]

The Unnecessariat and the epidemic of suicides and overdoses in the U.S.

By Anne Amnesia 10 May 2016 (More Crows Than Eagles) – […] See any overlap? I do. AIDS generated a response. Groups like GMHC and ACT-UP screamed against the dying of the light, almost before it was clear how much darkness was descending, but the gay men’s community in the 1970’s and 80’s was an […]

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