US firms power rise in global arms sales

New data from SIPRI showed that sales of arms and military services by the top 100 firms went up by 47% since 2002 ByDave Makichuk Sales of arms and military services witnessed an increase of nearly five percent worldwide in 2018, mainly led by a strong showing by US firms, according to Stockholm International Peace … Continue reading US firms power rise in global arms sales

Either the EU ditches neoliberalism or its people will ditch the EU

John Wight has written for a variety of newspapers and websites, including the Independent, Morning Star, Huffington Post, Counterpunch, London Progressive Journal, and Foreign Policy Journal. We live in a world fashioned by Washington, and as 2019 approaches the dire consequences remain woefully evident. In 1948 US State Department mandarin George Kennan – the man credited with devising the … Continue reading Either the EU ditches neoliberalism or its people will ditch the EU

Yellow Vests: No Coincidence Macron, Merkel and May are in Dire Straits

Ekaterina Blinova10240 The 'yellow vest' upheaval has exposed longstanding problems in France's economy, Christine Bierre, French journalist and chief editor of Nouvelle Solidarité, has told Sputnik, adding that to heal these wounds, the French need to get rid of Brussels' diktat and take back control of their financial system. The 'yellow vests' protests are continuing … Continue reading Yellow Vests: No Coincidence Macron, Merkel and May are in Dire Straits

Western leaders back in Russia as tensions appear to ease

East-West relations seem to have changed over past 10 days, as three major Western leaders attend St Petersburg forum By M.K. Bhadrakumar East-West relations have transformed over the past 10-day period. Russia’s isolation from the West after the Maidan coup in Kiev appears to have warmed as abruptly as it began. Three major Western leaders … Continue reading Western leaders back in Russia as tensions appear to ease

World’s Largest Investment Fund to Exit Oil Stocks

As sustainable energy sources ramp up efforts globally — employing ever larger numbers of people and realizing the benefits of increasing technological and logistical economies of scale — their attractiveness as an investment has created an echo chamber that is speeding the move away from fossil fuels.

The world’s largest investment fund is on the brink of dumping its petrochemical assets   Norway's Sovereign Wealth Fund, the largest investment portfolio on the planet by a wide margin, is set to divest any and all interests in the extraction, processing and sale of fossil fuels, an announcement that has stunned financial markets around the globe. Said to contain some $35 … Continue reading World’s Largest Investment Fund to Exit Oil Stocks