Elliot Goodell Ugalde

The petrodollar arrangement has underpinned the dollar’s global dominance since the 1970s. The U.S.-Israel war on Iran is straining that arrangement in ways emergency liquidity tools may not be able to fix. (AP Photo/Matt Slocum)

How the U.S.‑Israel war against Iran is exposing the limits of the petrodollar system

The Iran war is now testing whether the Gulf states that have long recycled their oil revenues into American markets will keep doing so.
Le secteur de l’IA est en plein essor, mais une grande partie des investissements relève de la spéculation. Saradasish Pradhan/Unsplash

La bulle de l’IA n’a rien de nouveau : Karl Marx en a expliqué les mécanismes, il y a près de 150 ans

L’alerte lancée par le patron d’OpenAI, Sam Altman, sur une bulle de l’IA met en lumière un problème économique plus profond : le capitalisme produit plus de capital qu’il ne peut en investir de manière rentable.
Condo buildings tower above older two and three-storey walk-up apartment buildings in Burnaby, B.C., in December 2024. THE CANADIAN PRESS/Darryl Dyck

Why Canada should apply labour protections to the rental housing sector

Canadian landlords are able negotiate from a position of structural dominance as tenants confront systemic harms — rent hikes, unsafe conditions and evictions — all on their own.
Canada needs to reform its policy on internationally trained doctors to help ease the health-care crisis and, more broadly, promote economic growth and more equitable labour standards. (Pixabay)

Canada’s treatment of internationally trained physicians exacerbates the health‑care crisis

Mobility restrictions imposed on internationally trained physicians in Canada could be aggravating the health-care crisis intensifying an ongoing doctor shortage.

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