Corporate globalisation

Recent weeks have brought to the fore two main issues concerning US President Donald Trump.

The first was his doubling down on one central theme of his election campaign — economic nationalism. This was found in his charge that most of the rest of the world is somehow “exploiting” the United States — and he will fight back.

The second is his drive to establish himself as an authoritarian president, the “strongman” who can take on the dysfunction in the two capitalist parties that dominate US politics.

The “Big Four” record companies, already responsible for more than 80% of album sales on the planet, may be on the verge of becoming the “Big Three”. On May 6, Warner Music Group was sold to Ukrainian-American tycoon Leonard Blavatnik. Warner is the world's third largest record company. Blavatnik ― the world's 80th richest man ― is also rumored to have his sights set on number four EMI. If that sale comes to pass, it will create the largest music label in history.
Terrorism and the Economy — How the War on Terror is Bankrupting the World By Loretta Napoleoni Seven Stories Press, 176 pages Review by Thomas Kollmann With no end in sight to operations in Afghanistan, an incisive review of how the much-hyped international events of the last nine years have led us there is very welcome. Economist Loretta Napoleoni is renowned for throwing light on the murky world of the financing of terrorist groups.
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