A Turning Point for Military Spending
NATO countries have been promising to spend more money on defense for many years. In 2006, the defense ministers of NATO adopted a vague guideline suggesting that every NATO country…
Book Review: Richard Vague, “The Paradox of Debt” | naked capitalism
There was much drama around the last-minute congressional deal to raise the debt limit in June. The heavy focus on this public debt, which had climbed above $31 trillion for…
Agriculture Dept. to Invest $300 Million to Measure Greenhouse Emissions
The Agriculture Department said on Wednesday that it would establish a monitoring and data collection network to measure greenhouse gas emissions and determine how much carbon can be captured using…
Michael Hudson: Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt | naked capitalism
By Radhika Desai, professor in the Department of Political Studies and director of the Geopolitical Economy Research Group at the University of Manitoba, Michael Hudson, President of the Institute for…
An Unlikely Hero Emerges to End an All-Star Losing Streak
If he could have scaled Mount Rainier to spread the message from on high, Rob Manfred surely would have. Manfred, the commissioner of Major League Baseball, had reason to celebrate…
Milan Kundera, Czech Literary Star and Communist Party Outcast, Dies at 94
Milan Kundera, a Communist Party outcast who became a global literary star with mordant, sexually charged novels that captured the suffocating absurdity of life in the workers’ paradise of his…
How a Peaceful Country Became a Gold Rush State for Drug Cartels
A total of 210 tons of drugs seized in a single year, a record. At least 4,500 killings last year, also a record. Children recruited by gangs. Prisons as hubs for…
On the Front Line of a War Over Bullfighting Traditions
After a nearly seven-hour journey, the bus carrying “The Popeye Bullfighter and his Dwarf Sailors” slowed to a stop around the brick bullfighting ring in Teruel. A brass band, clowns,…
She Steals Surfboards by the Seashore. She’s a Sea Otter.
For the past few summers, numerous surfers in Santa Cruz, Calif., have been victims of a crime at sea: boardjacking. The culprit is a female sea otter, who accosts the…
F.B.I. Director to Testify Before House Panel as It Assails the Bureau
Christopher A. Wray, the F.B.I. director, is expected to confront an extraordinary political storm on Wednesday when he testifies before Congress, with Republicans who once defended the bureau now denouncing…