“Macquarie Bank bosses’ pay cut after profit cut warning”, was the headline of an article by Michael Sainsbury and Katherine Jimenez, in the May 21 Australian.
“Two things keep me sane”, wrote in a Green Left Weekly subscriber with her payment for renewal, “Green Left Weekly and Radio National”. She is just one of a large number of loyal readers and supporters of this important project for change.
How many minutes to midnight, do you reckon it is?, asked a Green Left Weekly buyer at a street stall last week.
The first new subscription to come in on May 1 was from Graeme, from the Sunshine Coast in Queensland, who had read about the Climate Change Social Change conference on the internet. He took out a one-year subscription to Green Left Weekly and sent us this note of appreciation:
I’m not going to yet another ritualised May Day march this year. But neither is anyone else in Sydney!
For most of us here in wealthy and relatively insulated Australia, the word crisis sounds like an exaggeration. We hear about the global warming crisis, the world financial crisis and now the food crisis but these seem like abstractions to most of us. Crisis, what crisis? is a familiar rejoinder.
Ben Bernanke is the chairperson of the US Federal Reserve Bank. If he sneezes at the wrong time, the world’s sharemarkets take another dive and currency speculators rush for their global roulette table. So when he addressed the US Senate Committee on Banking, Housing and Urban Affairs on April 3 he was choosing his words very carefully. And there was one word he was wary about using: “recession”.
It was lunchtime in one of Haitis worst slums, and Charlene Dumas was eating mud. With food prices rising, Haitis poorest cant afford even a daily plate of rice, and some take desperate measures to fill their bellies. Charlene, 16 with a 1-month-old son, has come to rely on a traditional Haitian remedy for hunger pangs: cookies made of dried yellow dirt from the countrys central plateau.
Katarina Pujiastuti, a political activist in Jakarta, reports growing queues for petrol, massive electricity blackouts, and industry fuel shortages plaguing oil-rich Indonesia.