Parties to Nuclear Ban Treaty Agree Nuclear Deterrence is the Problem

INTERNATIONAL CAMPAIGN TO ABOLISH NUCLEAR WEAPONS (ICAN) – The Second Meeting of States Parties to the TPNW has successfully concluded and agreed that nuclear deterrence is a significant security problem, requiring urgent attention by the international community, that more research on the impacts of nuclear weapons is needed, and that the harms caused by nuclear weapons use and testing require ongoing attention.

The Brotherhood of Billionaires

LAWRENCE S. WITTNER – In recent decades, a growing similarity has developed between the Chinese and U.S. economic systems. Despite the Chinese Communist Party’s talk of “socialism,” the rapidly-expanding Chinese economy has become increasingly capitalist, with the private sector accounting for about two-thirds of China’s Gross Domestic Product in 2021. Not surprisingly, then, the two countries currently lead the rest of the world’s nations in their number of billionaires. This March, according to Forbes, the United States had 735 billionaires (worth a collective $4.5 trillion) and China had 562 (worth $2 trillion) out of a global total of 2,640.