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Bank abuses in the real estate sector and illegal foreclosures in the United States

Part 2 in the series by Eric Toussaint - The banks and the “too big to jail” doctrine'... [read more]

Is There Really Much Difference Between McCain and Obama on Free Trade?

With the US elections just around the corner, Garry Leech examines the candidates' respective positions on international economic issues, and concludes that there is relatively little to choose between them.... [read more]

Manufactured Famine

George Monbiot on the European trade initiatives which are likely to exacerbate existing food shortages in the developing world.... [read more]

Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap?

In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned bank, is more profitable than Goldman Sachs Group... [read more]

Colombian Government's Role in Human Rights Abuses

Garry Leech examines the appalling recent history of state-sponsored terrorism in Colombia under the US-backed President Uribe.... [read more]

Is the Run on the Dollar Due to Panic or Greed?

What’s going on in the repo market? Rates on repurchase (“repo”) agreements should be about 2%, in line with the Federal Reserve funds rate... [read more]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 2

Economist George Tait Edwards straightens out some of the economic myths taught at Western universities (Part 2 of 2)... [read more]

Protect and Survive

George Monbiot on how Peter Mandelson is bullying the world’s poorest nations into following a development route that can’t work. ... [read more]

38 Reasons to Cancel the “Kosova e Re” Power Plant

On 20 December 2017, then Minister of Economic Development Valdrin Lluka signed an agreement with ContourGlobal, an American company, to build “Kosova e Re”, a 500 MW coal-fired power plan... [read more]

“Sentence First, Verdict Afterwards”: The Alice in Wonderland World of Fast-tracked Secret Trade Agreements

Fast-track authority is being sought in the Senate this week for the Trans-Pacific Partnership (TPP)... [read more]

Where trade agreements are a risk to sovereignty

A nation's sovereign right to determine matters within its borders is put at risk where its government signs a trade agreement which includes a dispute resolution clause known as an Investor State Dispute Settlement ('ISDS') clause... [read more]

Banks versus the People: the Underside of a Rigged Game! (Part 3) - The greatest offensive against European social rights since the Second World War

We should not underestimate the capacity of the elites to make the most of a crisis situation writes Eric Toussaint... [read more]

Political Barbed Wire

Why are 97 per cent of our rivers shut to the public? A millionaire minister’s amazing conflicts of interest give you a clue, writes George Monbiot.... [read more]

The Bayer-Monsanto Merger Is Bad News for the Planet

Bayer and Monsanto have a long history of collusion to poison the ecosystem for profit. The Trump administration should veto their merger not just to protect competitors but to ensure human and planetary survival.... [read more]

Crusaders and Zionists

Caesarea was built by King Herod some 2000 years ago and named after his Roman master, Augustus Caesar. It once again became an important town under the Crusaders, who fortified it.... [read more]

In the Panama Capers we Trust

The leaked Panama Papers, from the Panamanian law firm Mossack Fonseca & Co, are spilling the beans on the details of what the rich, powerful and greedy get up to with unseemly amounts of dosh... [read more]

The left wing case for quitting the EU

Much of the left would agree that the European Union does not always function in the best interests of either the European or International working class... [read more]

The Map on the Wall

History shows us that there are (at least) two kinds of peace agreements. One kind, the stupid one, is based on power. The other, the intelligent, is based on common interest... [read more]

Who Will Save Israel

The battle is over. The dust has settled. A new government – partly ridiculous, partly terrifying – has been installed ... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 1)

In his book ‘The World Economy: A Millennial Perspective’, economist Angus Maddison noted that India was the richest country in the world and had controlled a third of global wealth until the 17th century... [read more]

The Transatlantic Trade and Investment Partnership, A Thatcherite Revolution: “Free Trade”, Corporate Plunder and the War on Working People

Prior to the recent national elections in India, there were calls for a Thatcherite revolution to fast-track the country towards privatisation and neo-liberalism... [read more]

Fast-tracking Neo-liberalism in India

Apparently, the results of the national general election in India mark a turning point. We are told that the nation has spoken and has given the new Prime Minister Narendra Modi and his BJP party a ‘landslide victory’... [read more]

A Shameful Chapter

How would the US react to a declaration that the Palestinians would not conduct negotiations with an Israeli government that includes semi-fascist parties?... [read more]

Making the World Safe for Banksters: Syria in the Cross-hairs

In an August 2013, journalist Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street ans US Treasury officials to open banking to the lucrative derivatives business... [read more]

Urgent Action Needed to Combat European Climate Change

What we need is binding international agreements that reduce and eliminate the use of all chemicals that endanger the lives, health and well being of human beings and other life forms making up the biosphere, writes Thomas Riggins.... [read more]

Outsourcing Unrest

George Monbiot argues that the crisis in British politics has its roots in the decline of Britain's status in the world economy.... [read more]

Venezuela Reiterates Commitment to Multipolar World Following Israeli Accusations

Israeli intelligence is using the relationship between Iran and leftist leaders in Latin America to stoke up fears in relation to Iran's nuclear ambitions, says Tamara Pearson.... [read more]

Chávez Vows to Defend Venezuela’s Sovereignty if Colombia Violates Border

James Suggett on the ongoing border row between Venezuela and Colombia.... [read more]

US Policy Towards Venezuela and Colombia Will Change Little Under Obama

Garry Leech on why US policy towards its Latin American neighbours is unlikely to change significantly under President Obama.... [read more]

Colombia: Displacement, Disappearances and Extrajudicial Executions Increase Under Uribe

Garry Leech reflects on the rise in state-sponsored violence in Colombia under the presidency of Alvaro Uribe.... [read more]

Venezuela Bridges Diplomatic Fissures and Polishes Alliances in European Tour

James Suggett on the latest phase of Hugo Chávez's tour of Europe.... [read more]

Crushing the States, Saving the Banks: The Fed’s Generous New Rules

The new terms could be harnessed for local governments to own and operate their own banks.... [read more]

The Fed’s Baffling Response to the Coronavirus Explained

When the World Health Organization announced on Feb. 24 that it was time to prepare for a global pandemic, the stock market plummeted.... [read more]

The Fed Protects Gamblers at the Expense of the Economy

Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades... [read more]

Tulsi Gabbard vs Google Goliath

The Tulsi Gabbard presidential campaign has filed a major law suit against Google. This article outlines the main points of the law suit and evidence the the social media giant Google has quietly acquired enormous influence on public perceptions and has been actively censoring alternative viewpoints.... [read more]

How Russiagate replaced Analysis of the 2016 Election

Blaming an outside power is a good way to prevent self analysis and positive change. It's gone on far too long.... [read more]

Why has the Russian government let loose its secret service on the West?

Most of us were convinced that the collapse of communism in 1989 would see an end to the Cold War that continually threatened to become a hot one.... [read more]

Central Banks Have Gone Rogue, Putting Us All At Risk

Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their independence from government. They have become rogue players in a game of their own.... [read more]

Shujaat Bukhari: A Voice for the Victims of History

The sad and unexpected demise of one of Jammu Kashmir’s great sons of the soil, has raised a big question mark on the effectiveness of the so-called cease fire between the Indian Army and terrorists. ... [read more]

Two-state solution is dead, Palestinian courage should spur international action

After 70 years, the Israeli-Palestinian conflict is still unresolved. The conflict simmers for a few years, then erupts again with new massacres and violence.... [read more]

The Great Day

Two days ago, the State of Israel celebrated its 70th birthday. For days we heard about nothing else. Innumerable speeches full of platitudes. A huge festival of kitsch.... [read more]

Taking the World to the Brink of Annihilation

Western neoconservatives and hawks are driving the international situation to increasing tension and danger... [read more]

Neither Juggler nor integral

Kashmir: The bleeding wound of British imperialist legacy... [read more]

The Fake Enemy

Netanyahu doesn't care. Peace is the last thing he has on his troubled mind. He is far more committed to the eternal conflict with both the Arabs and the Iranians. After all, what would life be like without enemies?... [read more]

North Korea: A Threat Or A Victim? Some Facts

If anyone is still wondering why North Korea was being “provocative” in missile tests and repeatedly declaring what would seem to be a daunting arsenal (although there is still no irrefutable, concrete proof of deliverable, long range nuclear weapons capability) here is just a small taste of what it’s southern neighbor, in cahoots with Godfather America, has planned... [read more]

Dangerous Times: John Pilger Discusses North Korea, China and the Threat of Nuclear War and Accident

Western media continue to distort the chronology of cause and effect, inverting reality to claim that North Korea is provoking the West. John Pilger talks to T.J. Coles about the situation.... [read more]

The Orange Man

So here we are. Either Donald Trump or Hillary Clinton will be our next president... [read more]

Monsanto's 'Hand of God': Planned Obsolescence Of The Indian Farmer

Global agribusiness is playing fast and loose with poor people’s lives and is profiting handsomely.... [read more]

Fast-track Hands the Money Monopoly to Private Banks — Permanently

In March 2014, the Bank of England let the cat out of the bag... [read more]

The Trans-Pacific Partnership and the Death of the Republic

On April 22, 2015, the Senate Finance Committee approved a bill to fast-track the Trans-Pacific Partnership (TPP)... [read more]

Iraq: The Destruction of Nineveh’s History – Murdering Mesopotamia

March 19th commemorates the twelfth anniversary of the beginning of the destruction of Iraq... [read more]

The Impunity Enjoyed by the Banks must Stop

The final part of the series by Eric Toussaint - The Banks and the “Too Big to Jail” Doctrine... [read more]

The TTIP trade deal will throw equality before the law on the corporate bonfire

The Transatlantic Trade and Investment Partnership is a reckless destruction of democratic principles. But we can beat it, writes George Monbiot.... [read more]

The G20 Leaders Communique′

Mark Horner critically reviews four major themes of the G20 Leaders Communique... [read more]

The Unholy City

In its long and checkered history, Jerusalem has been occupied by dozens of conquerors. Uri Avnery's weekly article... [read more]

Ukrainian parliamentary elections: if you don’t have anything nice to say

The expression “if you don’t have anything nice to say, don’t say anything at all” is the best way to describe the reaction in the Western media to the results of Sunday’s parliamentary elections in Ukraine.... [read more]

Drug and Bank Lords

Part three of the series by Eric Toussaint: The banks and the “too big to jail” doctrine... [read more]

Oil, Blood, Confusion, Fear: Fuelling The British Public's Appetite For War

Back in 2003, Tony Blair stated that Saddam Hussein could hit Britain with a missile within 45 minutes. He also said that Iraq possessed weapons of mass destruction... [read more]

Happy Independence Day? India, Monsanto, GMOs and the Bigger Picture

On 15 August, India will mark its 67th anniversary of independence from Britain. It may seem strange to some that a nation would publicly celebrate its independence while at the same time it less publicly cedes it to outsiders... [read more]

The Transatlantic Trade and Investment Partnership: Sound Science and the GMO Biotech Sector's Version of Science

Coming from the GMO biotech industry, or its political mouthpieces, the term “sound science” rings extremely hollow... [read more]

Israel: International Anger Mounts

“The situation involving Palestine 
and Israel is an undeclared war, in which the aggressor, Israel, has 
destroyed the Palestinian economy, robbed people of their land, 
unilaterally changed borders, and unilaterally built a wall of exclusion 
to keep Palestinians out of their land... [read more]

Banks and the New “Too Big to Jail” Doctrine

Part 1 of the series 'Banks and the new “too big to jail” doctrine' by Eric Toussaint... [read more]

Monsanto, Syngenta, Pioner et al: With Friends in High Places, the GMO Biotech Sector is Kicking Open the Door to Europe

The proposal to hand back some decision powers to member states of the European Union regarding GMO approvals is currently being discussed, writes Colin Todhunter... [read more]

Acquiescing to Big Biotech: The Deceptions and Falsehoods of the GMO Lobby

British Environment Secretary Owen Paterson is a staunch supporter of the GMO sector despite mounting evidence pointing to the deleterious health, social, ecological and environmental impacts of GMOs... [read more]

Common Factors in Cases of Economic Resurgence

Successive British Governments have persistently denied the importance of industry in the national economy, with some of ministers foolishly regarding industrial decline as inevitable writes George T Edwards... [read more]

In One Word: Poof!

Poor John Kerry. This week he emitted a sound that was more expressive than pages of diplomatic babble.... [read more]

Ukraine: a very Western coup

Dr Tomasz Pierscionek provides an analysis of the situation in Ukraine... [read more]

The Afghan child “suicide” bomber and 8 year old Yemeni drone “spy”: Whose “truth” and whose “propaganda”?

There is often online censorship on insurgents for alleged “propaganda” and instigating violence yet we do not see the same level of censorship for governments that churn out false information on Afghanistan and drone civilians... [read more]

Not Michael Gove's Misbegotten Shambles

Michael Gove is a neoconservative member of Denis MacShane’s Henry Jackson Society, and thus also an admirer of Tony Blair and of George W Bush, neither of whom would have got any of the jokes in Blackadder... [read more]

Peace Comes through Forgiveness

I am a Palestinian. My family moved to Beirut after Israel was created because we were the "myth" that was Palestine... [read more]

Transylvanian Count to Chair Bloodbank

The government wants a chairman who can flog nature and have chosen a Tory party donor with a background in investment banking and housing developments, writes George Monbiot.... [read more]

The Schumacher Institute: An Interview with Ian Roderick, Director

Born in 1911, Ernst Fritz Schumacher was and continues to be one of the most inspiring environmental writers that the UK has ever had... [read more]

A journey into the vice-ridden world of banking

The primary objective of the world’s leaders is to avoid another banking and financial crash that could be worse than the one in September 2008... [read more]

The Leveraged Buyout of America

In a letter to Federal Reserve Chairman Ben Bernanke, US Representative Alan Grayson and three co-signers expressed concern about the expansion of large banks into what have traditionally been non-financial commercial spheres... [read more]

John Gray, David Hawkes and the Myth of Progress

Meliorism "is the view that the world is neither completely good nor completely bad, and that incremental progress or regress depend on human actions." This view holds that "By creative intelligence and education we can improve the environment and social conditions."... [read more]

Elections in Norway

Patrizia Bertini speaks with Norwegian Labour Party politician Rudolph Brynn about the general election next week... [read more]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 1

Economist George Tait Edwards straightens out some of the economic myths taught at Western universities (Part 1 of 2) ... [read more]

The Landed Mafia

Those of us who defend the planet are increasingly subject to abuse. It is the price we pay for confronting the power of money, writes George Monbiot.... [read more]

Bono can't help Africans by stealing their voice

Because the U2 frontman and others like him are seen as representatives of the poor, the poor are not invited to speak, writes George Monbiot.... [read more]

Edmund Burke would be Labour in 2013

A new biography of Edmund Burke has been written by Jesse Norman, and it has attracted favourable comment from Charles Moore, official biographer of Margaret Thatcher... [read more]

The ‘MENA’ region and the International Monetary Fund

Daniel Robicheau describes the lead up to the war in Syria and the involvement of the IMF... [read more]

Money for the People: Grillo's Populist Plan for Italy

Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25th... [read more]

Betrayal Without Remedy: The Case of the Missing Wages

Thomas Riggins explains how the US company Hostess Brands Inc. took its workers' wages and used them to cover its own expenses ... [read more]

From Nehru to Mao: India's Tryst with Destiny

In 1947, Nehru spoke about a tryst with destiny. Free from the shackles of British colonialism, India was on course for a bright new future. Fast forward and witness the not so glittering outcome that Nehru didn’t have in mind, writes Colin Todhunter.... [read more]

Spain's abusive banks

The big economic news has been the massive 100bn euros bailout of Spain’s banks. However the back story has been the numerous protests by Spaniards against measures to support banks which are largely in trouble through their own greed, corruption and mismanagement, writes David Eade.... [read more]

The Mendacity of Hope

Rio 2012: the summits which promise to save the world keep us dangling, not mobilising, writes George Monbiot.... [read more]

CIA and MI5 linked to assassinations in the Congo in sixties

Shortly after progressive Congolese leader Patrice Lumumba was overthrown by a Western backed coup in 1960, the former UN secretary general, Dag Hammarskjöld, died in mysterious circumstances. John Green asks if the two events were in any way connected.... [read more]

Between Politics and Principles: Hamas’ Perilous Manoeuvres

Despite all of Hamas’ assurances to the contrary, a defining struggle is taking place within the Palestinian Islamic movement, writes Ramzy Baroud.... [read more]

The Stolen War

Uri Avnery shows how Hamas' decision to make peace with Israel scuppers plans for war... [read more]

Good and Evil

What happened to considerations of good and evil? This is the question that Jean Claude van Itallie ponders.... [read more]

Occupy Italy: the missing country and the missed opportunity

Patrizia Bertini comments on the slow beginnings of the Occupy Italy movement but notes that in recent days events have been picking up pace... [read more]

The New Anti-Semitism

Uri Avnery, Israeli writer and founder of the Gush Shalom peace movement, offers a warning from history as he examines a modern form of racism taking root across Europe.... [read more]

Gaddafi, the War on Libya and the Left

Ben Maisky scrutinises Libyan leader Muammar Gaddafi’s Socialist and anti-imperialist credentials and questions whether certain sections of the left are mistaken in their support for Gaddafi.... [read more]

The ‘Last Ever’ Issue

Our site is changing from its current weekly format to a more conventional blog-like design. London Progressive Journal’s webmaster explains what will change and why.... [read more]

‘The Internet is a Game Changer’

With news coverage gradually moving towards a 'paperless world' in the internet age, Ramzy Baroud considers the implications for political journalism.... [read more]

Italian Elections: More of the Same

Samuele Mazzolini reflects on an election that has consolidated the dominance of Silvo Berlusconi's centre-right bloc, and the continuing malaise of the Italian left.... [read more]

The 'Copenhagen Accord' - All Hot Air

National self-interest and capitalist pragmatism condemned the Copenhagen talks to failure, says Adam Booth.... [read more]

A Paradigm Shift in Singapore: Yet Apec Offers No Clear Answers

Ramzy Baroud on the high-profile international summit held in Singapore this week.... [read more]

Venezuela: US Criticisms of Venezuelan Arms Purchases Lack “Moral Weight”

James Suggett on the uncompromising Venezuelan response to US criticisms of recent arms purchases from Russia.... [read more]

Uribe Apologises, Venezuela Says Repaired Relations Are Impossible

Tamara Pearson on mounting tensions between Venezuela and Colombia.... [read more]

Colombia’s Deteriorating Displacement Crisis

Garry Leech reports on the plight of Colombia's millions of displaced persons.... [read more]

Venezuela Reviews Relations with Colombia as More US Bases Established

Kiraz Janicke on how the increasing US presence in Colombia is causing friction between Colombia and Venezuela.... [read more]

Venezuela Condemns US Hypocrisy on Drugs

The Venezuelan government has challenged the objectivity of a US report on drug trafficking, writes Tamara Pearson.... [read more]

Venezuela and Argentina Increase Cooperation in Gas, Agriculture, and Finance

James Suggett on the latest Venezuelan-led initiative to further economic cooperation between Latin American states.... [read more]

The Economic Crisis and Poor Countries

Mick Brooks compares the 'boom and bust' economics of the past twenty years with similar patterns in the 1920s and 1930s: once again it is the poorer nations that stand to lose the most.... [read more]

Presidents of Venezuela and Colombia Pledge Peace and Economic Development

James Suggett on an encouraging meeting between Uribe and Chávez.... [read more]

Interview: Manuel Yepe talks to London Progressive Journal

On the Fiftieth anniversary of the Cuban Revolution, Alexa Van Sickle talks to Manuel Yepe, the former Cuban Ambassador to Romania and close friend of Che Guevara, about what the future may hold for the Caribbean island. ... [read more]

Iraq's US Security Charade

As the mainstream media complacently celebrate the security pact which purports to confer independence upon the puppet regime in Baghdad, Ramzy Baroud provides a withering assessment of what the agreement really means.... [read more]

Working Time – Britain’s Opt-out to End?

Fred McDowell on an EU-led initiative to end British workers' "right" to opt out of the 48-hour maximum limit on the working week.... [read more]

Venezuela and South American Allies Advance Integration

James Suggett examines the latest steps of an ambitious initiative to bring about the economic integration of a number of South American countries.... [read more]

Venezuela Says US Uses Anti-Drug List as “Weapon of Domination”

James Suggett on how the United States is using the pretext of counter-narcotics to further its political struggle against Hugo Chávez's Venezuela. ... [read more]

Venezuela Supports the Independence of South Ossetia and Abkhazia

Tamara Pearson on Venezuela's declaration of support for Russia and the breakaway regions of South Ossetia and Abkhazia.... [read more]

Chávez Declares Support for Venezuelan Indigenous Occupying Ancestral Lands

James Suggett on Hugo Chávez's support for indigenous communities in Venezuela.... [read more]

Venezuela Pledges Strengthened Alliance with Bolivia Following Morales Referendum Victory

James Suggett reflects on Bolovian President Evo Morales's referendum victory.... [read more]

Venezuela’s Chavez Pushes for New World Financial System in Argentina

James Suggett on Venezuela's increasing influence in economic policy across the South American continent. ... [read more]

Venezuela Increases Oil Financing for Petrocaribe Nations

James Suggett on how Venezuela is taking a lead in strengthening economic links between Latin America and the Caribbean.... [read more]

Human Rights and Intifada in the Western Sahara

Joanna Allan examines the ongoing struggle against the illegal occupation of the Western Sahara by the Moroccan government.... [read more]

Making a Killing from Hunger

Leading NGO GRAIN on why we need to overturn food policy.... [read more]

Justice Undone

George Monbiot reflects on his bold attempt to effect a citizen's arrest of John Bolton.... [read more]

Arresting John Bolton

Guardian journalist George Monbiot explains his decision to attempt a ctizen's arrest of former US Under-Secretary of State John Bolton this week.... [read more]

Mounting Evidence of Colombian President’s Involvement in Massacre

A "Justice For Colombia" report on the mounting evidence of President Uribe's involvement in a civilian massacre eleven years ago. ... [read more]

Andean Crisis: Ecuador Rallies Latin American Support Against Colombian Incursion

Samuele Mazzolini with the latest on the diplomatic crisis between Ecuador and Colombia.... [read more]