economy

Korean state-owned miner KEPCO and its contractor Worley Parsons were prosecuted by the NSW Department of Industry's Division of Resources and Energy (DRE) in March, after it was revealed the companies had used fake photographs purporting to be of a Bylong property at which they were seeking permission to drill for coal. The photographs were not of the property, and showed an environment completely unlike the area they were seeking permission to drill in. When DRE was alerted to this by the affected landholder, charges were laid against the companies.
Venezuelan labour minister Oswaldo Vera announced on August 10 that the government had taken over another shut-down manufacturing firm, the Morning Star said on August 12. Vera said the Guardian de Venezuela laminated glass plant in Monagas state would be occupied and re-opened by its workers.
Venezuela's newly nationalised Kimberly-Clark factory has produced 2,068,800 sanitary towels its the first month since reopening following a worker takeover in July, Venezuelanalysis.com said on August 10. Last month, the Texas-based consumer products giant shut down its operations in the country without warning, firing nearly 1000 workers.
As AGL announced a $400 million loss on August 10, anti-gas protesters assembled outside its headquarters to demand it close its Camden coal seam gas (CSG) project in south-west Sydney. AGL, which largely invests in coal, has been producing gas in the Macarthur region since 2009, taking over from Sydney Gas Limited, which started in Camden in 2001 and expanded south east in 2004.
Without anywhere that is home, Aboriginal people have been without a physical space to reinvent themselves and their culture in modern Australia. Since colonisation, Aboriginal people have been internally displaced from their country. The doctrine of terra nullius — a land without people — was established under British colonial government and persisted in Australian law until 1992.
Liverpool Plains' farmers are celebrating the New South Wales state government's decision, on August 11, to buy back BHP Billiton's Caroona coalmine licence for $220 million. This comes after a struggle that began in 2008, when farmer Tim Duddy and the local community began a blockade that put a spanner in BHP Billiton's efforts to start drilling operations on his family's Rossmar Park property.
Venezuelans taking part in a voluntary program to boost a slowly developing agricultural sector, described by the US media as "slavery". The United States media’s latest offensive against Venezuela’s socialist President Nicolas Maduro targets a new sustainability program that transplants urban workers to farmland. Some quarters of the mainstream media have equated it with slave labour.
Members of Brazil's Landless Workers' Movement (MST), which fights for land reform and the rights of poor farmers. Industrial agriculture and financial sectors are hand-in-hand worsening climate change and then profiting from it, with an unprecedented number of land grabs over the last eight years, according to a report released in June.
Farmers till soil in Uganda, which has borrowed over $2 billion from the World Bank to date. Lending further support to the United Nations' characterisation of the World Bank as a “human rights-free zone”, the notorious lender approved new policies on August 4 that have been widely condemned by rights advocates for endangering human rights and the environment.
Rally in Liverpool on July 2 in support of Jeremy Corbyn remaining Labour leader. British Labour leader Jeremy Corbyn has pledged to “rebuild Britain” on August 4 by creating 1 million jobs and homes. The socialist politician put full employment and house building at the heart of his bid for re-election as Labour's leader in a 10-point plan for the country.

Pages

Subscribe to economy