Much of the world’s population continues to pay for the global financial crisis with their jobs, homes, education and health. Bankers continue to award themselves millions of dollars in bonuses, such as the British bank Barclay’s chief executive, who last year earned US$26.9 million.
The Venezuelan government, however, has raised the percentage of net profits banks must grant in credit to national social programs. In doing so, it is demonstrating to the rest of the world what a regulated and socially oriented banking system could look like.
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Nicaragua's President Daniel Ortega and a crowd of more than 100,000 people gathered on the night of May 2 in Managua's Plaza de la Fe to pay tribute to Tomas Borge.
Borge, who died on April 30 aged 81, was the last surviving member of the group that founded the Sandinista National Liberation Front (FSLN) more than 50 years ago. Borge has always been and remains a symbol of the Nicaraguan Revolution in Latin America and beyond.
The 30th Olympic games will begin in July in London as Britain's Conservative-Liberal Democratic government imposes savage austerity measures on the public. The excitement of watching the world's sporting best compete is mixed with fears of social and economic upheaval.
The British government is projected to spend US$14.5 billion on the games, $9.6 billion over budget. Prime Minister David Cameron announced last November that the budget for the opening and closing ceremonies would be doubled to $125 million.
With the Spanish economy sinking and 12 countries in Europe mired in recession, politicians and bankers are once again worried about a financial meltdown on the continent as the result of the crisis in the eurozone.
Adding to the concerns among politicians and financial policymakers is the prospect that elections in France and Greece on May 6 could upend the austerity packages agreed to by European leaders in December.
At May Day rallies it organised or took part in throughout Pakistan, the Labour Party Pakistan (LPP) highlighted the cases of members and supporters facing “anti-terror” courts. These include the Faisalabad 6, serving long sentences for leading a 2010 power loom workers strike and 12 power loom workers currently facing the Anti-Terror courts in Karachi for union organising.
As Rocky Mountaineer’s lockout of award-winning on-board staff enters its 10th month, ads are once again being placed to hire more scab workers.
Rocky Mountaineer is Canada’s luxury tourist train that takes tourists throughout the summer months from Vancouver to the scenic Rocky Mountains. Nearly 40% of these visitors to Canada come from Australia.
On June 22 last year, as the Rocky Mountaineer pulled into Kamloops for its overnight stop, regular staff were ordered off the train and sent back to their homes in Vancouver. One hundred and eight staff were locked out.
Bolivian President Evo Morales once again used the opportunity of May 1, the international workers’ day, to announce his left-wing government's latest nationalisation. This time, it was the turn of Transportadora de Electridad (TDE), a subsidiary of the Spanish-owned Red Electrica de Espana (REE), which controlled Bolivia’s national electricity transmission grid.
The nationalisation was another step towards meeting the long-standing demand of the Bolivian people to return privatised companies to state hands.
Launched last month, Green Left TV is steadily building up video content on both local and international struggles for justice, to complement the weekly newspaper and Green Left website.
A crew of Palestinian actors and musicians from the Jenin-based Freedom Theatre toured Egypt in April.
The aim of the tour was to conduct a series of “playback theatre” workshops and performances in Cairo and Alexandria. Playback theatre is an interactive theatre approach used as a tool for community building, public dialogue, cultural activism and trauma recovery.
In a playback event, audience members share thoughts, feelings, memories and autobiographical accounts, and watch as a team of actors and musicians instantly transform these experiences into improvised theatre pieces.
In his excellent discussion piece in the lead up to the recent Climate Action Summit in Sydney, climate activist David Spratt concluded: “The problem is now so big, and the scale and urgency of the solutions required so great, that it is impossible to talk about them within the current public policy frame.
“The business and political spheres have horizons too narrow and too limited in time to be able to deal with the challenges and complexities of global warming.”
As part of savage budget cuts, the Victorian Coalition government has slashed $300 million over four years of funding for the provider of public technical and further education, the state’s 18 TAFE institutes that teach about 400,000 students a year.
Funding per student in 80% of courses has been cut from about $8 per training hour to as low as $1.50 - to a range meant to reflect labour market priorities.
Trades apprenticeships, aged care and child care received some small increases.
Socialist Alliance gay and lesbian rights spokesperson Rachel Evans spoke in Sydney on April 24 at a rally calling to free accused WikiLeaks’ source Private Bradley Manning from prison in the US, where he is being held in solitary confinement. The protest was part of an international day of protest for Manning, who faces a court martial and possible life in prison if convicted. Evans’ speech is below.
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