“Poor countries are developing rich countries, not the other way around.” Capitalist powers have drained $152 trillion from the Global South since 1960, according to new peer-reviewed research quantifying the reproduction of inequality on the world scale. In an Al Jazeera essay written Thursday, three social scientists—Jason Hickel, an economic anthropologist at the University of London; Dylan Sullivan, […]
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Five years ago, the U.S. Department of Health and Human Services tried to plug a crucial hole in its preparations for a global pandemic, signing a $13.8 million contract with […]
Reports that U.S. President Donald Trump used a vulgar term to describe Haiti and African nations have been confirmed by Illinois Senator Dick Durbin, who was in an Oval Office meeting Thursday when the President called them “s—hole countries.” Durbin, the second-ranking Democrat in the Senate, described the president’s words as “hateful, vile and racist.” […]
The global oil benchmark, Brent crude, fell Thursday to about $79.8 per barrel before rebounding to finish the day at around $82.7 per barrel, the lowest price since mid-2012. The latest sell-off follows one of the sharpest declines in a quarter in recent years, in which the price of oil slid about 16 percent. It may be […]
