economy

Britain: Thousands of protesters, unions defend Corbyn as right-wing MPs attack


Rally supporting Labour leader Jeremy Corbyn in Parliament Square on June 27.

Ten thousand people rallied in support of Labour's left-wing leader Jeremy Corbyn — elected leader last year in a landslide vote that marked a rejection of pro-austerity politics — outside of Westminster on June 27, as right-wing Labour Party MPs took advantage of the fallout from the Brexit vote to move against the party leader.

Climate protest calls out 'Fizza' Turnbull

"How do you exaggerate the greatest bleaching event on the planet? How do you exaggerate that one quarter of the world's largest reef is dead? You don't," Tony Fontes, a prominent Great Barrier Reef diver and tourism operator, told a crowd of up to 2000 at Steyne Park, Double Bay, in the heart of Prime Minister Malcolm Turnbull's electorate of Wentworth on June 26.

The rally was organised by a coalition of groups, including GetUp, Greenpeace, the Wilderness Society and the Nature Conservation Council.

Prominent Australians call for emergency climate action

More than 20 prominent Australians have called for emergency-scale action on climate change in an open letter to the new parliament, published in The Age on June 23. Signatories include business leaders, scientists, a former Australian of the Year and a Nobel Laureate.

The open letter and associated website and petition are part of a growing campaign by a coalition of more than 20 grassroots climate action groups to pressure political leaders to step up and do what is needed to address the climate crisis.

Bernie Sanders: 'The political revolution must continue'

Speaking to his supporters in a live web video address on June 17, Democratic presidential candidate Senator Bernie Sanders insisted that despite his campaign failing to defeat Democrat establishment figure Hillary Clinton, the struggle for a political revolution must continue.

Momentum on 'Brexit' vote: Labour movement must show way forward for the working class

The statement below was published on June 24 by Momentum, a grassroots group within the Labour Party that seeks to organise in support of the left platform of Labour leader Jeremy Corbyn.

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Yesterday, the British people voted to leave the European Union. Momentum, which campaigned to remain in the EU in order to transform the EU, respects the decision taken by the electorate.

Walden Bello: How neoliberalism killed the Philippines' EDSA Republic

The Benigno Aquino administration is down to its final days till it makes way for the new presidency of Rodrigo Duterte, who was elected in May.

You could make the case that we are also seeing the curtain fall on the 30-year-old liberal democratic state that came to existence with the February 1986 EDSA Uprising that overthrew the military dictatorship of Marcos.

How Australia is screwing East Timor


Graffiti on wall of Australian embassy in Dili.

The Australian government’s refusal to negotiate a fair deal according to international law with East Timor over the oil and gas fields in the Timor Sea is not appreciated by the people of one of the world’s poorest nations.

East Timor is calling for the maritime border to be recognised halfway between the two nations, as dictated by international law.

After Brexit debacle, struggle against racism and austerity continues


Campaigners in Lambeth against LIbrary closures. The area voted overwhelmingly for 'remain'.

Socialist Resistance, an English socialist group that is part of Left Unity, released this statement on June 24 on the result of the EU referendum

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Venezuela: Why capitalism, not socialism, is to blame for corruption

“Oil didn’t wreck Venezuela’s economy, socialism did.” That’s what Pascal-Emmanuel Gobry, of the Washington-based conservative think tank Ethics and Public Policy Center, wrote earlier this year in his reflection on Venezuela’s deepening economic crisis.

Gobry, a prolific writer for Forbes and the Wall Street Journal, criticised Venezuelan analysts who scapegoat oil, even though he recognised that declining oil prices have aggravated the nation’s difficulties.

“The culprit is clear and obvious,” Golbry contends. “The problem is Venezuela's authoritarian socialism.”

Rafael Correa: 'The right wing want revenge'

Ecuadorean President Rafael Correa spoke out on June 1 about efforts by right-wing political forces in Latin America to oust democratically-elected governments, saying that it would set a dangerous precedent for democracy in the region.

“Right-wing politicians don't just want to return to power, they want to return with a thirst for vengeance,” said Correa during an interview with Ecuador Public Television.

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