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Azerbaijan: Take another look - Manila Standard

Azerbaijan: Take another look - Manila Standard
manilastandard.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilastandard.net Daily Mail and Mail on Sunday newspapers.

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BSP signs MOU with Kyrgyzstan central bank

The Bangko Sentral ng Pilipinas (BSP) said it will actively expand bilateral relations with central banks in Central Asia starting with National Bank of Kyrgyz Republic (NBKR) which it recently signed a cooperation deal.
BSP and NBKR recently signed a memorandum of understanding (MOU) which took e ....

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Warning To Nigerians Over Jihadists Takeover Threat And Muslim-Muslim Ticket  …Intersociety Warns!

Warning To Nigerians Over Jihadists Takeover Threat And Muslim-Muslim Ticket …Intersociety Warns!
thenigerianvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenigerianvoice.com Daily Mail and Mail on Sunday newspapers.

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Op-ed: Labor Day: In support of the PRO Act

Op-ed: Labor Day: In support of the PRO Act
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

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US Economy Excels at One Thing: Producing Massive Inequality

US Economy Excels at One Thing: Producing Massive Inequality
This post is also available in: Portuguese
(Image by Sparkx 11 / wikimedia)
To solve the extreme inequality of US capitalism requires systemic change, an end to capitalism pitting employers against employees.
By Richard D. Wolff
To grasp the sheer magnitude of US economic inequality in recent years, consider its two major stock market indices: the Standard and Poor (S&P) 500 and Nasdaq. Over the last 10 years, the values of shares listed on them grew spectacularly. The S&P 500 went from roughly 1,300 points to over 3,800 points, almost tripling. The Nasdaq index over the same period went from 2,800 points to 13,000 points, more than quadrupling. Times were good for the 10% of Americans who own 80% of stocks and bonds. In contrast, the real median weekly wage rose barely over 10% across the same 10-year period. The real federal minimum wage fell as infl ....

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