‘Enshittification’ of American power: How US hegemony is sustained by network logic that’s difficult and expensive to break away from
So dollar clearing is an expedient. It’s also the chief enforcement mechanism of US financial policy across the globe. If foreign banks don’t implement US financial sanctions and other measures, they risk losing access to US dollar clearing and going under. This threat is so existentially dire that, when Lam was placed under US sanctions
Africa’s major currencies expected to remain stable amid slow activity in financial markets
Zambia’s kwacha is expected to be trade around its current levels but some analysts said it could gain further out as the economic outlook improves. On Thursday the kwacha was quoted at 24.39 per dollar from 24.45 a week ago.
Sign contracts that you understand and are based on Kenyan labour law, athletes counselled
Lawyer Samwel Momanyi said there were many clauses that the athletes may not understand without the help of a lawyer especially after it emerged that, since most of the managers were from foreign countries, the athletes signed contracts written in foreign languages and under foreign labour laws.
Supreme Court clears way for deportation to South Sudan of several immigrants with no ties the African nation
The Supreme Court majority wrote that their decision on June 23 completely halted Murphy’s ruling and also rendered his decision on the South Sudan flight “unenforceable.” The court did not fully detail its legal reasoning on the underlying case, as is common on its emergency docket.
There’s no such thing as a free lunch: Listening billionaires’ stories it’s obvious they are sick of human species, whom they see as inferior beings around them
In order to roll back the labour victories of the postwar era (which had become harder to justify in the wake of falling profits), American elites both empowered finance capital (leading to a series of bubbles) and embraced deindustrialization, with many industries shifting to the Global South (notably China).
- 1
- 2
