A new crop of global super-rich is pouring into the United States, changing the economic landscape from Manhattan to Los Angeles. They’re driving up the price of real estate, pushing out the middle class and going on buying binges that would make Gilded Age robber barons blush.
By Pepe Escobar
Masters of the Universe, vaguely real or totally fake, who want to play savior all flocked to Switzerland this week. In Montreux, one may “save” Syria at the very un-jazzy Geneva II charade, which I have dealt with here. In the interminable business meeting known as Davos, one has the possibility to save no less than the whole world.
President Obama’s comments this week on marijuana marked a nudge in the right direction for U.S. drug policy. Now, the President should back up his words with his actions.
If you dream of one day pulling yourself up by your bootstraps to become the next Bill Gates, there are some places in America where it’s somewhat easier to do that than others, a new study reveals.
By David Ingram
Jan 23 (Reuters) – U.S. treasury and law enforcement agencies will soon issue regulations opening banking services to state-sanctioned marijuana businesses even though cannabis remains classified an illegal narcotic under federal law, Attorney General Eric Holder said on Thursday.
FLORIDA, January 23, 2014 – Aida Calviac Mora, a former senior editor of Cuba’s Communist Party newspaper Granma, has left the island and joined her husband, a former Radio Rebelde editor, in Miami.
DAVOS, Switzerland, Jan 22 2014 (IPS) – With no acute crisis on the radar, this year’s Annual Meeting of the World Economic Forum (WEF) will move away…
This article is the second of a two-part series on reconstruction in Haiti four years after the earthquake, and the ongoing housing crisis.
By Jane Regan and Milo Milfort Reprint
Carrefour, HAITI, (IPS) – Mimose Gérard sits in her tent at Gaston Margron camp, surrounded by large bags filled with plastic bottles. She earns just pennies for each, but that’s better than nothing.
In fact, food stamp recipients are barred from purchasing non-food items, cannot withdraw food stamps as cash, and fraud in the program is extremely rare.
by Pascal Robert
“My decision to destroy the authority of the blacks in Saint Domingue (Haiti) is not so much based on considerations of commerce and money, as on the need to block forever the march of the blacks in the world.” – Napoleon Bonaparte
The War on Poverty is in its 50th year. There have been some victories. But how might the man who declared this war view America’s poverty today, especially among women, people of color, and the rural poor.