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Michael Hudson: Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt

Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial order.

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Ann Pettifor - Prospect Magazine

The latest news, opinion and analysis for Prospect by Ann Pettifor

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Australians: destroying their grid faster than any country on Earth « JoNova

Australians: destroying their grid faster than any country on Earth « JoNova
joannenova.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from joannenova.com.au Daily Mail and Mail on Sunday newspapers.

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Reclaiming central banks

Reclaiming central banks
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G7 should end not just coal but also oil and gas finance in 2021

Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation. Ahead of summit, more than 100 economists call on G7 countries to commit to shift their finance out of all fossil fuels this year, to enable a green pandemic recovery On June 11-13, world leaders will gather at the G7 summit. There, they plan to adopt an agenda to “build back better from coronavirus and create a greener, more prosperous future”. We, the undersigned economists, believe that this means decisively shifting finance out of fossil fuels, and into clean alternatives worldwide. We welcome the decision taken last month by G7 environment ministers to end international finance to coal-fired power in 2021. We call on G7 leaders to go further and shift their finance out of all fossil fuels in 2021.

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