What Is Stagflation And What Causes It? – Analysis

The occurrence of stagflation is associated with a situation of general strengthening in the momentum of prices while at the same time the pace of economic activity is declining. A famous stagflation episode occurred during the 1974û75 period, as year-on-year industrial production fell by nearly 13 percent in March 1975 while the yearly growth rate of the Consumer Price Index (CPI) jumped to around 12 percent. Likewise, a large fall in economic activity and galloping price inflation was observed during 1979. By December of that year, the yearly growth rate of industrial production stood close to nil while the yearly growth rate of the CPI closed at over 13 percent.

Merrily at Work: Clash of Civilizations

Avail Practical Classes Free-of-Cost

In 1993 an essay appeared in a US journal: “Clash of Civilisations” by Samuel Huntington which later appeared as a book [The Clash of Civilizations and the Remaking of World Order by Samuel P. Huntington]. In the very first chapter we find: “One grim Weltanschauung [“philosophy (of life)”] for this new era was well expressed by the Venetian nationalist demagogue in Michael Dibdin’s novel, Dead Lagoon: “There can be no true friends without true enemies. Unless we hate what we are not, we cannot love what we are. These are the old truths we are painfully rediscovering after a century and more of sentimental cant. Those who deny them deny their family, their heritage, their culture, their birth right, their very selves! They will not lightly be forgiven.” The unfortunate truth in these old truths cannot be ignored by statesmen and scholars. For peoples seeking identity and reinventing ethnicity, enemies are essential, and the potentially most dangerous enmities occur across the fault lines between the world’s major civilizations.” [Italics ours.]

Marxism and Anarchism

Recently Arun Kumar Sinha posted in Marx_Forum, Murray Bookchin’s pamphlet ‘Listen! Marxist!’ This was published in the ’50s in which he admonished and rebuked the ‘Marxists’ community.

The threat of large-scale famine

Disasters threaten human civilization

Among the greatest dangers to human civilization are nuclear war and catastrophic climate change, dangers which also threaten the biosphere. In addition to these two existential threats, humans also face the threat of an extremely large-scale famine, involving billions of people, rather than millions. The beginning of this famine, which could involve much of the world’s population by 2050, can already be seen.

Ziđin tuži zbog poreza kako bi jeftinije dolazio do zemljišta

Ziđin već godinama pokušava da zemlju koja im je potrebna za širenje njihovih rudnika plati manje nego što je to procenila Poreska uprava. Novi korak u toj borbi su tužbe koje je ova kompanija podnela, otkriva CINS.

U selu Krivelj kod Bora, na mestu gde se nekada nalazila šuma Pere Stanimirovića, sada je rudnik Novo Cerovo kineske kompanije Ziđin (Serbia Zijin Copper). Njemu su oduzeli imanje u procesu eksproprijacije, a da on za to nije ni znao.

How a Belgian Aristocrat Under Investigation for Money Laundering Moved Millions Into Colombia

Henri De Croÿ was accused of masterminding a scheme that hid hundreds of millions from tax authorities on behalf of rich clients in Europe. Reporters found him in Cartagena, busy investing money in a series of luxury properties.

He once walked the halls of global financial institutions and hobnobbed with Europe’s elite, but today the Belgian prince and disgraced banker Henri de Croÿ has reinvented himself as an affable Colombian hotelier.

Allied resolve: NATO perspectives on the Russian invasion of Ukraine

The Atlantic Council’s Transatlantic Security Initiative in the Scowcroft Center for Strategy and Security is delighted to invite you to a conversation on “Allied resolve: NATO perspectives on the Russian invasion of Ukraine” with four former NATO Secretaries General on Wednesday, June 15 from 10:00 a.m. to 11:00 a.m. EDT (16:00 to 17:00 CET) on Zoom. This edition of the Atlantic Council’s Front Page event series will feature Secretaries General Anders Fogh Rasmussen, Lord George Robertson, Jaap de Hoop Scheffer, and Javier Solana in a discussion on how to better address the crisis.

Record US Natural Gas Demand This Winter Led To Largest Storage Withdrawal In Four Years

Net withdrawals of natural gas from U.S. storage totaled 2,264 billion cubic feet (Bcf) this winter (November through March). This amount is the most natural gas withdrawn from storage since the winter of 2017–18 and 10% more than the previous five-year (2016–17 to 2021–22) average, according to our recently released Natural Gas Monthly, which includes data through March 2022.

The New Energy Order

How Governments Will Transform Energy Markets

In the wake of Russia’s invasion of Ukraine, the world appears to be at an inflection point. Business leaders have declared the acceleration of deglobalization and sounded the alarm about a new period of stagflation. Academics have decried the return of conquest and hailed the renewal of transatlantic ties. And countries are rethinking almost every aspect of their foreign policies, including trade, defense spending, and military alliances.