All posts tagged: local currency

The Annual Failure of ASEAN Meeting for Muslims in Southeast Asia

Indonesian President Joko Widodo has confirmed that safeguarding migrant workers and victims of human trafficking is one of the primary agreements arising from the recently concluded 42nd ASEAN Summit in Labuan Bajo, Indonesia, May 2023. President Jokowi emphasized the crucial concern of leaders for matters directly affecting the people’s interests and called upon ASEAN countries […]

Financial Tools of the Capitalist Major Powers

The IMF and the World Bank are considered amongst the important financial tools, used by major capitalist powers to dominate the world economy. This is being done by plunging other countries into continuous debts, whilst imposing economic dependency. Thus the loans offered by these financial institutions are the means of extending influence. They are political […]