Tag: IMF

While Russia sought to hold on to its sphere of influence by creating the Eurasian Economic Union, the more dynamic and highly developed European bloc had long been on an expansionary trajectory. Expanding, after all, is what capital does. (More…)

Few ruling parties have their legacies written and the successes and failures declared in less than a month’s time in power, but left-wing critics have decided there are new rules for SYRIZA, the radical left coalition elected in Greece at the end of January. (More…)

It’s being called an earthquake. It’s being heralded by right-wing parties as a revolutionary mandate. And, in typically American terms, it’s being read as a ‘protest’ vote, that will evaporate when it comes time to return to national politics. However, there’s no arguing that the European Union elections, which took place May 22nd-26th, profoundly shook Europe’s political elites. (More…)

I arrived in Pakistan during Tahir ul-Qadri’s widely promoted Long March. Landing in Islamabad, I was ushered through side roads to see my mother in Rawalpindi. She told me that it would be impossible to get anything done for days, as ul-Qadri had effectively shut down the capital. (More…)

After an ugly week between Israel and Gaza, a cease fire has been put in place and seems to be holding. I suspect it’s going to hold for a good while, despite a natural cynicism born of years of watching cease fires fall apart. Only time will tell who came out ahead. However, it’s not too early to make an assessment of winners and losers. (More…)

Greece is in the middle of a Great Depression. Overall unemployment stands at 22%, while unemployment among young workers is at 50%. The far right has made a return to parliament in the form of the neo-fascist Golden Dawn party, who openly use Nazi salutes. Anarchist riots occur almost weekly. Enter the fiery hardcore punk of Sarabante. (More…)

Istanbul is not the first place we associate with revolution. Paris, 1968, maybe, or east Berlin, circa 1989. Given Turkey’s continued economic growth and strategic importance, it was inevitable that it would become a site of international leftist activity, not just that of domestic political organizations. (More…)