This from Lena Lavinas and Bruno Mader is very good. On the state-backed renegotiation of consumer debts in Brazil as a kind of contradictory social policy/effort to rescue profitability via the restoration of ‘rentier accumulation’:

phenomenalworld.org/analysis/desen…

'Safety, and even the moral economy of mutual aid, must become marketable. What happens when there’s nothing left to sell except bare labor? This is the exploitation of labor in its militarized form.'

From 2023, Adam Benjamin interviews Magdi el Gizouli

phenomenalworld.org/interviews/mag…

“Financial inclusion has made working-class and poor Brazilians key players in the creation of financial wealth—the indebted counterparts of a booming creditor ecosystem.”

Lena Lavinas and Bruno Mader on debt, defaults, and social policy in Brazil

phenomenalworld.org/analysis/desen…

Artículo de Lena Lavinas (Asociada Ciepp) y Bruno Mader en Phenomenal World, analizando el programa 'Desenrola Brasil': 'un salvavidas para decenas de millones de brasileños que han acumulado niveles crecientes de morosidad en los pagos de sus créditos'
phenomenalworld.org/es/analisis/de…

'Rather than imposing export bans, improved logistics systems would allow companies to maximize benefits from mineral exports and strengthen the structure of the domestic industry.'

NEW: Sirojuddin Arif on president-elect Prabowo's expected policies

phenomenalworld.org/analysis/indon…

Con Camilo Andrés Garzón entrevistamos a Jose Antonio Ocampo sobre las reformas del gobierno de Gustavo Petro y su idea de una mayor intervención del Estado

Les invito a echarle un ojo a está entrevista para Phenomenal World, un medio que se estrena en español 👀

phenomenalworld.org/es/entrevistas…

“Desenrola ofrece condiciones para las renegociación de deudas pendientes…y restablece la capacidad de endeudamiento”

NUEVO: Lena Lavinas y Bruno Mader discuten sobre la renegociación de la deuda y la política social en Brasil.

phenomenalworld.org/es/analisis/de…

'O Desenrola Brasil oferece condições para que as pessoas possam renegociar suas dívidas…restabelecendo sua capacidade de endividamento”

NOVO: Lena Lavinas e Bruno Mader discutem o Programa Desenrola e a gestão da dívida como política social no Brasil

phenomenalworld.org/pt-br/analises…

“Desenrola began as a campaign promise, but has become a lifeline for millions of Brazilians who are in arrears.

It is also a lifeline for their creditors.”

NEW: Lena Lavinas and Bruno Mader on debt renegotiation and social policy in Brazil

phenomenalworld.org/analysis/desen…

“Desenrola began as a campaign promise, but has become a lifeline for millions of Brazilians who are in arrears.

It is also a lifeline for their creditors.”

NEW: Lena Lavinas and Bruno Mader on debt renegotiation and social policy in Brazil

phenomenalworld.org/analysis/desen…

War in Sudan started a year ago. This is a useful introduction. I quote it it my latest The New Statesman essay
phenomenalworld.org/interviews/mag…

Starting soon! Tune in!

TODAY, 12PM

PROFIT AND POWER with Robinson Meyer, Melanie Brusseler, Kyle Chan, and Brett Christophers

Sign up now: bit.ly/profit-power

phenomenalworld.org/events/profit-…

TOMORROW, 12PM

PROFIT AND POWER
with Robinson Meyer, Melanie Brusseler, Kyle Chan, and Brett Christophers

Sign up now: bit.ly/profit-power

'Insurance companies have financed investments in the very communities they are insuring. This symbiosis implies insurance markets and governments can support rather than undercut each other as they threaten to do today.'

From 2023, by Advait Arun.

phenomenalworld.org/analysis/the-d…

'An Oxfam analysis of seventeen recent IMF programs found that for every $1 the IMF encouraged these countries to spend on social protection, it told them to cut $4 through austerity measures.'

phenomenalworld.org/analysis/the-o…

'The $15.6 billion lent to Ukraine is the IMF’s seventh largest program in its history. Ukraine's interest rates could total as much as 8 percent once the war is done—another impending disaster awaiting the country.'

phenomenalworld.org/analysis/new-w…

'The ensuing set of reforms became known as 'structural adjustment' policies, & they are often very difficult to reverse—this is indeed part of their appeal to the IMF.'

NEW: Alexandros Kentikelenis & Thomas Stubbs on the debate around IMF conditionality.

phenomenalworld.org/analysis/the-o…

'The IMF's outstanding loans tell a geoeconomic story. Much of its liquidity flows to the countries at the faultlines of the new cold war.'

NEW on the Polycrisis: Tim Sahay and Kate Mackenzie on the 4 main elements of the 'global financial safety net.'

phenomenalworld.org/analysis/new-w…

“We live in a dysfunctional system in which money flows out of the countries that need it most and into the coffers of the wealthiest. In 2023, the private sector collected $68 billion more in interest and principal repayments than it lent…” phenomenalworld.org/analysis/new-w…