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GENEVA - The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fold, a UN think-tank warned Thursday. In its annual report on the 49 least developed countries (LDCs) in the world, the UN Conference on Trade and Development (UNCTAD) said that the model of development that has prevailed to date for these countries has failed and should be re-assessed.

'It is now virtually certain a child born in 1979 will not reach 50 years of age before the Arctic is ice-free in the summer. That is a rapid change on a planetary scale, with far-reaching consequences that scientists are just beginning to understand.' Stephen Leahy, Inter Press Service

In one of history's lucky accidents, the juxtaposition of two extraordinary events has stripped the architecture of American global power bare for all to see. Last November, WikiLeaks splashed snippets from U.S. embassy cables, loaded with scurrilous comments about national leaders from Argentina to Zimbabwe, on the front pages of newspapers worldwide. Then just a few weeks later, the Middle East erupted in pro-democracy protests against the region's autocratic leaders, many of whom were close U.S. allies whose foibles had been so conveniently detailed in those same diplomatic cables.

Inspired by protests from Tunis to New York, activists and people's assemblies have collaborated on a vision for a new global governance

Indian Government demonetise to 500 & 1000 rupee note in indian currency into global market.

Only time will tell how much difference this decision makes but atleast for now it looks a bold and positive decision...

The candidate supported by progressives - President Obama - himself holds heinous views on a slew of critical issues and himself has done heinous things with the power he has been vested. He has slaughtered civilians - Muslim children by the dozens - not once or twice, but continuously in numerous nations with drones, cluster bombs and other forms of attack. He has sought to overturn a global ban on cluster bombs. He has institutionalized the power of Presidents - in secret and with no checks - to target American citizens for assassination-by-CIA, far from any battlefield. He has waged an unprecedented war against whistleblowers, the protection of which was once a liberal shibboleth. He rendered permanently irrelevant the War Powers Resolution, a crown jewel in the list of post-Vietnam liberal accomplishments, and thus enshrined the power of Presidents to wage war even in the face of a Congressional vote against it. His obsession with secrecy is so extreme that it has become darkly laughable in its manifestations, and he even worked to amend the Freedom of Information Act (another crown jewel of liberal legislative successes) when compliance became inconvenient.

The danger of depending too much on a Chinese rescue for the global economy: Even planned slowdowns cause panic

"Engelhardt's new book, "The American Way of War," explores the U.S.'s jaw-dropping transformation into a global military empire. "

One of the singular victories of the rich has been convincing the rest of us that their disproportionate success has been due to abstract economic forces beyond anyone's control (technology, globalization, etc.), not old-fashioned power politics. Hopefully the financial crisis and the recession that has ended only on paper (if that) will provide the opportunity to teach people that there is no such thing as abstract economic forces; instead, there are different groups using the political system to fight for larger shares of society's wealth. And one group has been winning for over thirty years.

Hunter S. Thompson predicts a 'guerilla warfare on a global scale' between the United States and the merciless fanatics responsible for the four plane crashes Tuesday.

This is my last post here at Washington Babylon and I'll be leaving my positions as Harper's Washington Editor (I will remain as a contributing editor to the magazine). I've received a fellowship at the Open Society Institute and will also be leading special investigations at Global Witness, which has offices in London and in Washington. My work for both will focus on long-term international investigations.

In the immediate aftermath of the 2003 invasion, the triumphalist verdict of the mainstream media was that the war had been won; Iraq was assured of a benevolent, democratic future. The Times's writer William Rees-Mogg hymned the victory: "April 9, 2003 was Liberty Day for Iraq … It was achieved by "the engine of global liberation," the United States. "After 24 years of oppression, three wars and three weeks of relentless bombing, Baghdad has emerged from an age of darkness. Yesterday was an historic day of liberation."

What happens if you rely on the neighborhood bully to give YOU your lunch money every day? The same thing that could happen to the U.S. by relying on China for our deficit spending and the funding of those same deficits!

Reactions to World Bank president Robert Zoellick's suggestion that gold might be used as part of a package of measures to reconstruct the international system ranged from the lukewarm to the bewildered.

WASHINGTON -- These days, when we think of George W. Bush, we think mostly of what a horrible mess he made of the economy. But his even more tragic legacy is the loss of our moral authority, and the transformation of the United States of America from global champion of human rights into an outlaw nation.