The rich world’s blocking of debt relief for Ethiopia, the world’s poorest country, creates a terrible burden of complicity. Read the rest of this post… read more

The reckless financial policies of leading western powers in the last two decades make it likely that the next seismic debt crisis will be in America, not Argentina. It can be avoided, says Ann Pettifor of the Real World Economic Outlook, only by serious efforts to bring regulation and balance to the international economy. Read