Last year, Puerto Rico's governor announced that the island now has an unpayable debt of about $72 billion.
Three decades have passed since Vietnam first embarked on the process of economic opening and reform known as Doi Moi, or "Renovation."
Wealth inequality will grow, and with it greater instability, continued crisis, and deepening misery for the world's working people.
Morena concluded its second congress by reaffirming their goal: a peaceful democratic transformation of Mexico and victory in the Presidential and Congressional elections in 2018
Its first stumble was a strategic decision last fall to undermine competitors by upping oil production and, thus, lowering the price.
On the 13th July, the democratic elected Greek government of Alexis Tsipras was brought to its knees by the European Union.
Austerity as a strategy is more than just throwing a scare into countries, it is also undermining the social contract between labor and capital that has characterized much of Europe for the past two generations.
On July 29, Sto Kokkino, the radio station politically close to SYRIZA, broadcast a long interview with Greece's Prime Minister.
Puerto Rico is unable to pay back its $72 billion dollar deficit and announced that the island's economy is on the verge of collapse.
All the workers of the world, I hope, hear the Greek voice, as in ages past they did. Solidarity. Its time is now.