Business

Business and Finance news from around the world, including Energy, Corporate and Economic news



Ralph Nader
Ralph Nader


Corporate Destruction Of Free Markets Rules Us – OpEd

The ruling dogma of our political economy is corporatism. Corporatism claims to draw legitimacy from the free market theory that all vendors who do not meet market demands will go under. Corporatism uses this illusion to exert power over all aspects of our political economy. Free markets, corporatists believe, are the best mechanism to allocate […]

Riyadh, Saudi Arabia. Photo by BroadArrow, Wikipedia Commons.
Riyadh, Saudi Arabia. Photo by BroadArrow, Wikipedia Commons.


Oil Impact Feared In Saudi Arabia Market Fall

By Khalil Hanware Saudi Arabia and heavyweight Gulf oil producers are showing no sign of deliberately cutting exports to address oversupply and support prices that slipped to a four-year low below $83 a barrel last month, according to a survey. Sources in the Reuters survey said that the shutdown of the Khafji oilfield, jointly run […]

US flag
US flag


15 Reasons Why Americans Think We’re Still In A Recession – OpEd

1: Wage Stagnation:  Why America’s Workers Need Faster Wage Growth—And What We Can Do About It, Elise Gould, EPI Economic Policy Institute: “The hourly compensation of a typical worker grew in tandem with productivity from 1948-1973. …. After 1973, productivity grew strongly, especially after 1995, while the typical worker’s compensation was relatively stagnant. This divergence of pay […]

China - India relations
China - India relations


Why Is Chinese Investment In India So Low? – Analysis

By Peter Martin Among Delhi policy circles, the dominant response to Xi Jinping’s recent India visit was one of disappointment. Dissatisfaction at Chinese military provocations along the Indian border was certainly understandable. Disappointment at the 20 billion dollars of investment that Xi announced, however, seems harder to justify. True, the figure is substantially less than […]

Marrakesh, Morocco
Marrakesh, Morocco


IEA Review Of Morocco’s Energy Policies Highlights Country’s Progress Towards Energy Transition

Morocco’s energy strategy is very much on target, with notable advances in wind and solar power and on fuel subsidy reform, the International Energy Agency (IEA) says in its in-depth review of Morocco’s energy policies. The new report notes that while the country’s power sector restructuring is under way, there is scope for further progress […]

Russia - Ukraine Relations
Russia - Ukraine Relations


What Does Russian Intervention In Ukraine Tell Us About Nature Of World Politics? – OpEd

By Joy Mitra* There seems to be no thaw in relations since the Ukrainian crisis began. The US is belligerent and fails to understand the Russian imperative in Ukraine even as Russia, led by Putin, engages in military adventurism by trying to punch far above its weight in the post cold-war era. The actors have […]