Economy

Every so often, the bourgeois political system runs into crisis. The machinery of the state jams; the veils of consent are torn asunder and the tools of power appear disturbingly naked. Brazil is living through one of those moments: it is dreamland for social scientists; a nightmare for everyone else.
"Cool fuel" was the groovy title of the Ed! supplement about natural gas in the April 5 edition of The West Australian that gets distributed to all our schools. To be sure natural gas is "cool" when liquefied. But nowhere among the topics covered, such as "Careers in LNG", "Power to You" and "West is best" is there any mention of natural gas as a significant contributor to catastrophic global warming. Nor does it mention that because of fugitive emissions in the production cycle natural gas is up there with coal as a carbon polluter.
On April 1, police opened fire on indigenous and rural poor protesters who were blocking the highway into Kidapawan in the landlocked province of Cotabato on the island of Mindanao, killing three protesters and injuring at least 116. While no investigation of the police action has yet taken place, 71 protesters remain detained. On April 4 a police spokesperson announced that Cotabato police chief Alexander Tagum would be suspended pending an investigation.
The beating heart of the tax avoidance practice and industry is the city of London, Mark Donne, director of the award-winning documentary UK Gold told TeleSUR English in light of the recent Panama Papers scandal. Donne emphasised that the practice has cost the Global South trillions of dollars in plundered resources and wealth. “You really have to think of the Cayman Islands, the British Virgin Islands and all those territories as branches, nothing more than just branches,” Donne told TeleSUR English in an interview on April 4.
On April 3, the Queensland mines minister Anthony Lynham and Premier Annastacia Palaszczuk approved the three mining leases of Indian multinational Adani for the Carmichael coalmine and rail project in the Galilee Basin. Federal approval was granted by federal environment minister Greg Hunt in October.
As we write, the much-cherished Great Barrier Reef is experiencing the devastating effects of coral bleaching. The Great Barrier Reef Marine Park Authority has declared severe coral bleaching underway on the reefs north of Cooktown.
The fault in the out-of-service Basslink power cable connecting Tasmania to mainland Australia has reportedly been found, and repairs are expected to be completed by June. Meanwhile, a battery of diesel generators has been deployed and a mothballed gas power station re-opened to supplement the state's dwindling hydro-electric dams which are below 14% capacity.
The Walyalup-Fremantle branch of the Socialist Alliance announced on April 6 that Chris Jenkins will be its candidate for Fremantle in the federal election. Twenty-six-year-old Jenkins is a nurse at Fremantle Hospital and resident of South Fremantle. He completed his degree at the University of Notre Dame, where he also campaigned for students' right to free speech in the face of stiff opposition from the university administration to students speaking out in favour of LGBTI rights.
In a move that has shocked Wall Street and Washington, the Puerto Rican Senate and the House of Representatives have passed an emergency declaration authorising the governor to suspend payments on US$72 billion in public debt, Democracy Now! said on April 6. This sets up dramatic showdown between the United States colony and hedge funds amid the Caribbean island's historic debt crisis.
In a re-run of scenes at Matagarup (Heirisson Island) over the past four
With 93% of precincts reporting as of this writing, Bernie Sanders has secured win in the Wisconsin primary, claiming about 56.3% of the vote so far, US Uncut said.
One of the most shocking revelations of the Panama Papers is that US protected multinationals and many of their allies around the world have US$32 trillion in tax havens. The Panama Papers 1. The Panama Papers are a massive and historic leak of confidential documents that reveal how the rich and powerful from many countries around the globe use tax havens to hide their wealth.
At least 10,000 people protesters in Iceland on April 4, demanding to prime minister resign. Iceland's Prime Minister Sigmundur David Gunnlaugsson resigned on April 5 as the Panama Papers scandal claimed its first political scalp, Morning Star Online said.
Members of Commune Alberto Lovera in Anzoategui state taking part in their communal fishing enterprise. Photo from Venezuela Analaysis.
PostCapitalism: A Guide To Our Future By Paul Mason Allen Lane, 2015, 340 pp., $49.99 (hb) Paul Mason is a well-known British economics journalist, who made a name for himself with commentary on the BBC and more lately on Channel 4. PostCapitalism has created a big splash in Britain, where it has been widely reviewed and debated.
A by-election in the Single Member Constituency of Bukit Batok, which has about 25,000 eligible voters, is needed following the resignation of the People's Action Party (PAP) MP David Ong on March 14. The PAP has ruled Singapore since 1959, when it was still a British colony. Its rule has relied on a combination of independent Singapore’s affluence in comparison with its neighbours and political repression. Ong won 72% of the vote in the September’s general elections, defeating the Singapore Democratic Party’s (SDP) Sadasivam Veriyah (26.4%) and independent Samir Salim Neji (0.6%).

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