bailout

China’s Evergrande: A Serious Crisis, But Hardly an Asian Lehman Brothers
The Evergrande Group, a giant Chinese real estate developer, is on the brink of default. For the Chinese bureaucracy, the crisis is not only an “opportunity to regulate the sector,” as some would have us believe. But it is too early to declare this a Chinese version of the 2008 Lehman Brothers collapse, since the Chinese government will not likely wait for things to reach that level.
André Barbieri
September 21, 2021Goldman Sachs Makes Record Profits Amid Economic Crisis for the Working Class
Most people in the U.S. are struggling. But, with help from the Federal Reserve, Goldman Sachs is making record profits.
Tatiana Cozzarelli
July 19, 2020Interview with Nikos Tsibidas: public broadcaster ERT under workers’ control during two years
After the government shut down Greek Radio-Television (ERT) in 2013, the workers resisted and took ERT into collective self management and continued broadcasting for 2 years.
Alejandra Ríos
August 6, 2015Refugee Camp in Athens: A desperate attempt to escape from war and persecutions
It is unbearably hot in Athens – and we can barely breath. Groups of people carrying supermarket bags are entering the central park Pedion Areos in Athens where dozens of migrants and refugees have set up camp in one of Athens's largest parks.
Alejandra Ríos
August 1, 2015The Eurogroup’s brutal agreement on Greece: A colonialist pact
After 48 hours of meetings, Alexis Tsipras accepted every condition of the Eurogroup in order to reach an agreement. The Greek parliament will approve privatizations, cut backs, and other austerity measures in the next three days in exchange for a new bailout.
Josefina L. Martínez
July 14, 2015