Grexit Option Looms with Bailout Expiry

By Asad Ismi In a stunning victory on January 25, the leftist Syriza party won Greece’s national elections by a wide margin, earning just short of a majority of seats in parliament. Syriza campaigned on a promise to end the austerity measures (privatization, wage constraints, public service layoffs, etc.) that were a condition on 240 […]

The Latin American Revolution: Leftist Parties Win Important National Elections in 2014

By Asad Ismi The Latin American Revolution continued to score major victories in 2014 with the re-election of leftist parties in Brazil, Bolivia and El Salvador. This is the left’s fourth consecutive term in Brazil, its third in Bolivia, and its first re-election in El Salvador (see “Social movements and the FMLN’s second term,” October […]

De-Dollarization: Is BRICS a Viable Alternative to the U.S.-Dominated World Economic System?:

AN INTERVIEW WITH ECONOMIST AND GEOPOLITICAL ANALYST PETER KOENIG By Asad Ismi 1. Is BRICS (Brazil, Russia, China, India and South Africa) a viable alternative to the present U.S.-dominated world economic system and does it have the potential to replace it? Are we witnessing the birth of a new international economic order in BRICS and […]