Southern Cone

Argentina: US sued at Hague over default

Argentina wants to sue the US at the World Court for forcing the country into default on its debt, but the US has a habit of ignoring the court and its decisions.

Southern Cone

Argentina: US hedge funds force bond default

Argentina has defaulted for the second time in 13 years, thanks to US investors and US courts. Economists warn that the precedent could threaten the global financial system.

Southern Cone

BRICS nations plan new development bank

Five large non-Western economies are planning a new development bank, but activists say the bank's impact will depend on the ability of the countries' populations to mobilize.

Southern Cone

Brazil: campesino protesters occupy banks

Hundreds of campesino families sat in at 18 bank branches in three Brazilian states to demand that the government restore cuts to a low-income housing program.

Southern Cone

Brazil: homeless win some in the World Cup

Brazilian authorities managed to neutralize some—but only some—of the protesters seeking to disrupt the opening of the multi-billion dollar World Cup championship.

Europe

Ukraine, austerity and gas

The IMF imposes austerity on Ukraine as Russia jacks up gas prices. Meanwhile, the global industry exploits the crisis to fast-track exports of fracked gas as a "lever against Russia."

Southern Cone

Brazil: 230 arrested in World Cup protest

Brazilian police are continuing with mass arrests against youthful protesters, while lawmakers are planning to fight protests with an "anti-terrorism" law.

Europe

‘Fascism’ and the Ukraine protests

The Ukrainian protesters are demonized as “fascists,” exploiting far-right elements in their ranksā€”butĀ there is a far greater case that the Yanukovich regime is truly “fascist.”