The Global Remittance Economy
As borders tighten, the billions of dollars migrants send home are at risk — and so are the nations that rely on them.
As borders tighten, the billions of dollars migrants send home are at risk — and so are the nations that rely on them.

Italian Fascists honed their ideology in Venezia Giulia, fusing anti-Slavic racism with anti-communist repression.

The war on drugs has utterly failed to reduce drug consumption. But it has served to maintain US military and intelligence apparatuses in Latin America.

The Czech elections handed victory to the Trump-like billionaire Andrej Babiš last weekend. The neoliberal right-wing incumbents did little to curb the high cost of living and again lost to a candidate who promised to do something about it.

France’s new prime minister, Sébastien Lecornu, has had a rocky start. Yet as armed forces minister, he has already proved himself where it counts: loyally defending Emmanuel Macron’s austerity plans while pushing for ever higher military spending.

Donald Trump is often blamed for the US’s hostility toward the EU, but the roots of the rift run deeper. Europe’s manufacturing-heavy economy and tough regulation of US tech have put it on a collision course with Washington.

Donald Trump has approved a deal with South Korea to equip its navy with nuclear-powered submarines. Combined with Trump’s aggressive posture toward China, the move will further exacerbate tensions in a volatile region.

In the interwar decades, many observers of rising fascism failed to understand what was new about this threat. Clinging to the word fascism to define today’s growing reactionary forces risks falling into the same trap.

Leading French automaker Renault is reportedly converting some production sites to make military drones. It’s stirred discontent among car workers in France, who say they didn’t sign up for Europe’s rearmament push.

A growing number of states are willing to sell citizenship and the privileges it brings — if you can afford to pay. The lucrative trade in “golden passports” exposes the dark side of capitalist globalization and its unequal valuation of human life.

FIFA’s newly announced peace prize for Donald Trump is a craven act of stroking his ego. The 2026 World Cup is shaping up to be among the worst cases yet of sports bending to politics.

Positioned between major power blocs, Brazil sits at the center of debates on geopolitics, development, and the green transition. In an interview, left-wing finance minister Fernando Haddad assesses domestic political trends and Brazil’s place in the global economy.

The kidnapping of Venezuelan president Nicolás Maduro is a crude act of Trumpian aggression. Yet it also illustrates the US leadership’s weakness, as it moves to lock down control of the Western Hemisphere.

The world as we know it is a product of globalization — and this era of globalization might be coming to a close.

Today marks 15 years since the overthrow of Tunisian dictator Ben Ali, one of the high points of the Arab Spring. The events of 2011 gave rise to an impressive wave of revolutions. Almost all were bloodily suppressed.

When Donald Trump first started talking about turning Greenland into US property, he pretended to care about what its people would like to see happen. Trump and his associates are now dropping the pretense and threatening to use brute force.

Discontent over dire economic conditions lay behind the protest wave that rocked Iran earlier this month. A US attack will make things even worse for the Iranian people, whether or not it results in the regime change Donald Trump would like to see.

Israeli politicians often paint themselves as allies of Kurdish freedom against Arab dictators. Yet today Israel is dropping the act, now that it sees Syrian president Ahmed al-Sharaa as a potential ally against Iran.

France’s election campaign has seen growing calls for greater ecological planning. But if the green transition is not to impose austerity by other means, it has to be planned by working people themselves.

The US’s bad faith engagement in its negotiations with Iran have undermined any chance of a quick deescalation of the war. Fighting for its survival, Iran will give Israel the regional war it craves.