Growing global economic distress as G7 meet ends

May 22, 2023

The global economy is being dragged down by fundamental forces that even the mighty US is still captive to. It may be the world’s dominant imperialist power but it is still merely monopoly capitalist and as such subject to the deeply-ingrained contradictions of capitalism.

The G7 summit: Will Hiroshima deliver the economic interests behind militarism?

May 19, 2023

FEATURES

What the G7 wants and the manner it exacts these are untenable and are only bound to hurt the majority of the world’s populations.

US military spending largest in the world

May 10, 2023

US military spending is larger than of the next ten countries combined — China, Russia, India, Saudia Arabia, United Kingdom, Germany, France, South Korea, Japan, and Ukraine. The military spending of just these 11 countries in turn is more than by the remaining 180 or so other countries in the rest of the world combined.

IBON Executive Director on Pres. Marcos Jr’s meeting with US Pres. Biden

May 2, 2023

IBON Executive Director on Pres. Marcos Jr’s meeting with US Pres. Biden

Trump presidency bodes ill for smaller nations like PH

January 28, 2017

America’s inauguration of its 45th President sent jitters across the world as to the future of foreign policies, said research group IBON. For the Philippines, whose economy has been influenced largely by the US for many decades, this is an opportune time to rethink its economic policies and its relations not only with the superpower […]

Then and now: US economic intervention in the Philippines

November 14, 2016

During the swearing-in of the new United States (US) ambassador to the Philippines in early November, US Secretary of State John Kerry stressed that the “logic” of the “indelible” US-Philippine alliance is “as compelling today as [it has] ever been”. Newly sworn-in US ambassador Sung Kim in turn highlighted the “ironclad” Mutual Defense Treaty, the […]

US aid and imperialism

October 21, 2016

For daring the US and others to withdraw their aid, President Rodrigo Duterte has been called a “psychopath”. For those whose way of thinking has been systematically warped by colonialism and neocolonialism/imperialism, it is plain madness. As a poor country, why would we shun the “altruism” of rich countries like the US? On the contrary, […]