Peruvian stocks lost a record 12% of their value as local and global investors jettisoned mining shares after left-leaning nationalist Ollanta Humala won the second round of Peru's presidential elections on June 5. The multi-billion dollar plunge reflects the fear and hostility that “market forces” instinctively bear toward an expression of the popular will in “developing” resource-rich nations like Peru. Humala defeated the right-wing candidate Keiko Fujimori with 51.3% of the vote. Keiko is the daughter of jailed ex-dictator Alberto Fujimori.
Isn't this excellent news? The International Monetary Fund (IMF) say the British government's strategy for sorting us out is going to work. Every time they've been asked to comment on a country's economy they've insisted it must cut wages, restrict the unions and privatise everything. So the government must have been really nervous as to whether they'd approve of the strategy of cutting wages, restricting unions and privatising everything. It must have felt like waiting for your A-level results.
The United States embassy in Haiti worked closely with factory owners contracted by Levi's, Hanes, and Fruit of the Loom to aggressively block a paltry minimum wage rise for Haitian assembly zone workers. The moves to block a wage rise for the lowest paid in the western hemisphere were revealed by secret US State Department cables obtained by Haiti Liberte and The Nation magazine. The factory owners refused to pay $0.62 an hour, or $5 per eight-hour day, as mandated by a measure unanimously passed by Haiti’s parliament in June 2009.
Rage Against the Machine guitarist Tom Morello, who performs solo under the name The Nightwatchman, was inspired by the huge struggle in Wisconsin against a savage anti-union law to release a benefit EP of songs dedicated to workers' struggles. The Nightwatchman's Union Town EP has been released by New West Records and can be bought at iTunes. All proceeds go to the America Votes Labor Unity Fund.
Prime Minister Julia Gillard has claimed successes for the war in Afghanistan, while acknowledging growing opposition. The June 8 Age reported that Gillard said: “I understand there would be many Australians who over the past two weeks have asked themselves what are we doing there, why are we still there, should our soldiers be there? “I do want to say to the nation we know why we're there, we are very clear about our mission and our mission is being accomplished. “We are doing what we intended to do and we have a timeline for achieving our goal.”
US warplanes and drones have been bombing anti-government forces in Yemen amid the uprising against long-time US ally President Ali Abdullah Saleh. Speaking on condition of anonymity, two US officials said on June 9 that US forces launched an air strike on June 3 against Islamist militants in the south of the country to keep al-Qaida's Yemeni offshoot from taking advantage of the uprising in the Gulf state. The attack followed a May 5 drone strike on alleged militants, they said.
After nearly two years of living in exile following the June 28, 2009 coup that overthrew his government, former Honduran President Manuel Zelaya returned to his nation on May 28. The agreement that allowed for Zelaya’s return, negotiated by the governments of Venezuela, Colombia and current Honduran President Porfirio Lobo, dropped fraud charges lodged against Zelaya, permitted a future plebiscite on constitutional reform and cleared the way for the readmission of Honduras to the Organization of American States, which lost its membership after the coup.
In April, the Washington, DC-based National Security Archive posted a 5500-page document tranche detailing the extent of Cincinnati-based food giant Chiquita’s dealings with Colombian death squad United Self Defence Forces of Colombia (AUC). The documents shed further light on the relationship between multinationals and Colombia’s murderous right-wing paramilitaries.
The path for Maori liberation, debates on left perspectives and the 30th anniversary since the 1981 Springbok tour were some of the discussions at “Workers Power”, the national conference of the Workers Party held in Hamilton over June 3 to 5. The recent formation of the Mana Party was a focus of the discussions. Prominent Maori leader and MP Hone Harawira initiated Mana after leaving the Maori Party, frustrated over its deals while in coalition with the right-wing National Party. Harawira resigned his seat to force a by-election and stand again as a Mana candidate.