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Naomi Klein supports MeRA25-DiEM25’s campaign against oil & gas extraction in Greece

This morning, in Greece’s Parliament, MeRA25’s parliamentarians are staging an all-out struggle against the ratification of disastrous contracts between the previous (SYRIZA) government and multinational oil companies. The contracts to be ratified give the companies (including Exxon-Mobil and Total) full licence to drill, extract and exploit gas & oil reserves across Greece’s beautiful seas (Ionian, […]

Time for ECB bonds! (Yes , things are this bad) – Project Syndicate op-ed

ATHENS – During his tenure as President of the European Central Bank, Mario Draghi forged a variety of weapons that he deployed to shield the eurozone from menacing deflationary forces. Without them, the euro would have been history. However, the deflationary specter haunting Europe was never truly defeated and is now back with considerable vengeance. In the […]

The IMF functions like the US-European bankers’ bailiffs – Varoufakis and Rogoff on BBC World Service’s World Business Report

The International Monetary Fund’s latest $56 billion loan to Argentina is at risk of failing again. The Argentinian peso has slumped and opposition leader Alberto Fernandez wants to ditch the austerity conditions attached to IMF bailouts that have so far failed to reduce inflation, stabilise the currency or halt recession. The Washington-based multilateral organisation monitors […]

DiEM25

Naomi Klein supports MeRA25-DiEM25’s campaign against oil & gas extraction in Greece

This morning, in Greece’s Parliament, MeRA25’s parliamentarians are staging an all-out struggle against the ratification of disastrous contracts between the previous (SYRIZA) government and multinational oil companies. The contracts to be ratified give the companies (including Exxon-Mobil and Total) full licence to drill, extract and exploit gas & oil reserves across Greece’s beautiful seas (Ionian, […]