World Economy: On a Bumpy Road Towards an Impending Slump
At the World Economic Forum in Davos Gita Gopinath of the IMF surprisingly announced that the fund would upgrade its economic forecast. This follows after months in which growth expectations were being downgraded by a whole range of international institutions. So much so, that there has probably never before been a recession that was so […]
Moldova: Government Resigns as Russia-Ukraine War Destabilizes Country
Rampant inflation, high energy prices, power cuts, a huge influx of refugees, street protests in the autumn, and growing national tensions have all proved too much for Moldova’s pro-EU government. Moldova and the USSR Before 1940, most of Moldova (the part to the west of the Dniester) was part of Romania, while today’s breakaway republic […]
The Communist Manifesto at 175 Years
175 years ago, on February 21, 1848, The Communist Manifesto was published, opening the eyes of the world to ideas that would threaten the whole basis of bourgeois society. A bombshell when it came out, it contains the germ of many key Marxist ideas and for the first time, expressed a clear formulation of what […]