Economy

The Mt Thorley-Warkworth "final void" is too expensive to fill in. Early this month mining giant Rio Tinto sold its mothballed Blair Athol coalmine to a tiny ASX-listed company called TerraCom for $1. Rio Tinto had been trying to sell the mine since it closed in 2012.
England lose to Iceland and “Brexit” from Euro2016, June 27. What a time to be in London. My family's long-planned vacation has given us a ringside seat for the greatest humiliations suffered by Britain since boxer Frank Bruno tried to take down a young Mike Tyson.
Protesters march against the education reform in Mexico City. Public school teachers in Mexico City launched an indefinite strike on July 5, called by leaders of the dissident National Coordinator of Education Workers (CNTE) teachers union to protest the education reforms imposed by President Enrique Peña Nieto.
Prime Minister Malcolm Turnbull has declared that, if re-elected, his government still plans to present the bill reinstating the Australian Building and Construction Commission (ABCC) to a joint sitting of parliament, even as Resources and Energy Minister Josh Frydenberg admitted on the ABC's Q&A program that the bill's prospects are effectively "dead". Turnbull said on July 5 that the reason he had called a double dissolution of parliament was that it was the "only way" to revive the building industry watchdog and crack down on the militant unions.
Armed with the findings of the Nuclear Fuel Cycle Royal Commission, South Australian Labor Premier Jay Weatherill is pressing ahead with plans to import as much as a third of the world's high-level nuclear reactor waste and store it in the state's outback. There are compelling reasons to reject it. The project, it now emerges, could go ahead only over resistance from Indigenous traditional landowners, some of whom took part in the Lizard Bites Back convergence in early July.
The hole in the ozone layer was first discovered in 1985 by scientists from the British Antarctic Survey, who described how ozone levels above the Antarctic were steadily dropping compared to the previous decade. This was quickly recognised as a severe environmental problem — and the culprit was identified as the unchecked use of chlorofluorocarbons (CFCs).
Corbyn supporters celebrate his victory in Labour leadership elections in September. The media-backed attempted coup by right-wing Labour Party MPs against Labour leader Jeremy Corbyn has failed, amid large demonstrations and public meetings across Britain defending the left-wing leader.
The article below was published by Tony Norfield on his Economics of Imperialism blog in the lead up to the June 23. It looks at the impact of British imperialism on all sides of the 'Brexit' debate. ***
The Left urgently needs an honest assessment of where we are and what we have to do in the aftermath of the UK referendum on the European Union. These are some hastily written notes toward that assessment. The starting point has to be understanding what drove the campaign. Of course there were anti-racists who voted to Leave, and racists who voted to Remain. But the driving force of the Leave campaign was always racist ideas, and they became increasingly the cutting edge as the campaign progressed.
The Congressional, executive and judicial wings of the United State government recently clarified for all — despite Washington's claims to the contrary — that Puerto Rico is a US colony. A law known as PROMESA was passed by Congress with bipartisan support and signed by President Barack Obama on June 30. It creates an unelected seven-person control board that has sweeping powers to take over Puerto Rico's economy.
The vast majority of British Labour MPs — 81% — and their accomplices in the country's liberal media are attempting a coup against Labour leader Jeremy Corbyn. The veteran socialist MP was elected by Labour's members only nine months ago with the largest mandate ever won. He won because he had set himself apart from other Labour politicians throughout his decades in office by his commitment to working class interests — and especially by voting against the Tory's attack on the poor last year while 184 Labour MPs (88%) abstained.
Recently Facebook reminded me of a “memory” of an article I posted three years ago. I had said that I was doing the happy dance because we were making progress and were finally being heard.
Since Britain voted by a narrow margin on June 23 to leave the European Union, England has been hit by a significant rise in incidents of racist and xenophobic harassment and violence in the country. John O'Connell, from anti-racism group Far Right Watch, told Al Jazeera on June 29 that his group had documented more than 90 incidents in the past three days, ranging from “verbal abuse up to physical violence”.
Regardless of which major party, or coalition of parties, forms government after the July 2 election one thing we can be certain of is that the struggle for a people's movement will still be as necessary as ever. The attacks on our class will not stop; of that we can be sure. We have one common enemy. For decades and decades governments have been trying to annihilate unions and this has got to stop.
"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.

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