While it has already led to more than one million deaths, the consequences of Covid-19 go beyond just public health with 2020 experiencing the sharpest economic downturn in history. Of course much of that was intentional, with demobilisation seen as necessary to control the virus, but what are the longer term economic impacts? Will some of the old economy never return, do higher levels of public debt really matter and will Covid-19 accelerate the ascent of the rest over the West. To discuss all of that Aaron Bastani is joined by Grace Blakeley, author of 'Stolen' and the forthcoming 'Corona Crash' with Verso Books.
globinfo freexchange The biggest crime of our century, that is, the genocide of Palestinians by the Zionists has been almost forgotten. And while everyone is distracted by the war in Ukraine and the assassination attempt against Donald Trump, a development of historic proportions took place. The development either escaped from the corporate media radars in the West, or, deliberately ignored. The integration of Russia's and India's payment systems marks the definite rejection of the Western SWIFT system, dominated by the US dollar, and the complete detachment of BRICS from this system. As Kitco News reported recently: The trend of de-dollarization continues to gain traction despite many analysts saying the threat is overblown as India and Russia have announced a new partnership that will see their respective payment systems – India’s RuPay and Russia’s MIR – integrated to allow for seamless cross-border transactions without the need for U.S. dollars. The partner
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