World

Tianjin residents protest, August 20. Capitalism with Chinese characteristics is in some strife. This is largely because the government’s attempt to keep growth at an unsustainable 7% a year is fuelled by equally unsustainable debt. Corporate and local government debt has grown by 50% since 2009, and total debt, which includes household debt, is now close to 187% of GDP.

Less than a month after giving the green light for Royal Dutch Shell to start oil exploration in the Arctic, the US government approved a bid from the oil giant to drill even deeper on August 17.

Palestinians in Susiya demonstrate in May against Israel’s plans to destroy the village. Photo: Sarah Levy/Electronic Intifada. The Palestinian village of Susiya is at imminent risk of demolition. On May 5, Israel’s High Court of Justice refused to grant an interim order to freeze the demolition until the outcome of an appeal brought by villagers to prove the village’s legitimacy.

The dramatic slowing of China’s economy has significant consequences for world growth. Official statistics likely overstate China’s official growth rate of 7%.

The Obama administration's announcement that the United States' power sector would deliver a 30% cut in emissions by 2030 was hailed by many as a breakthrough in meaningful action. US Secretary of State John Kerry suggests the “US is setting an example to the world on climate change”. Reuters said, “U.S. unveils sweeping plan to slash power plant pollution” and the president of the World Resources Institute declared the proposals to be a “momentous development”.

When it comes to elections in Venezuela, there are at least three things you can usually count on. The upcoming December 6 elections for the National Assembly are no different — even if the result is far from certain. The first is that much is at stake. In a country where the poor majority has sought to advance radical change through popular mobilisations and votes, every election since Hugo Chavez’s successful 1998 bid for president has been transformed into a referendum on the future of the country’s “Bolivarian revolution”.

There were huge protests against the Trans-Pacific Partnership held across New Zealand on August 15. About 10,000 protesters marched in Auckland, 5000 in Wellington, 4000 in Christchurch and thousands more in other parts of the country.

Greek Prime Minister Alexis Tsipras announced Thursday that he will step down and call snap elections for September 20, after facing strong resistance from within his own SYRIZA party. “I will ask the Greek people if they think we have made achievements,” said the prime minister. “You will decide how we will recuperate the Greek economy, with your vote you will decide the future of Greece.”

Since Turkish President Recep Tayyip Erdogan's new wave of attacks on North Kurdistan within the Turkish state in the wake of Turkey's June election, people of all ages have joined the effort to defend and govern themselves in the area. Since the 1990s, the Turkish state has used tactics of denial, assimilation and annihilation in the North Kurdistan. Although the promises of peace that the Erdogan's Justice and Development Party (AKP) made when it first came to power awakened hope for many, 13 years later the promises remain unfulfilled.

Vigil of government supporters outside the presidential palace. After days of anti-government demonstrations, some indigenous groups aligned with the right-wing opposition have vowed to continue protests and strike against President Rafael Correa. The opposition has described its national strike as indefinite.

The explosion of anger and protest on the streets of a Missouri city one year ago has transformed the United States political landscape in ways that are hard to understate, the US Socialist Worker said in this August 5 editorial. * * *

In an election where almost every presidential hopeful sought to stake their claim as the candidate for change, it was the incumbent Kirchnerista forces — for the first time headed by neither late former president Nestor Kirchner nor sitting President Cristina Kirchner — that came out in front. Argentine voters went to the polls on August 9 to cast a ballot in the presidential primaries — a legally required first step towards running in the upcoming presidential elections in October.