Economy

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.

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.

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.

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.

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).

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 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 key question about the result of the June 26 Spanish general election is also the most difficult to answer: why did 1.09 million people — who in the December 20 elections voted for the anti-austerity party Podemos, the United Left (IU) and the three broader progressive tickets Together We Can (Catalonia), Podemos-Commitment (Valencian Country) and In Tide (Galicia) — not vote for the combined Podemos-IU ticket (United We Can) and these broader tickets at this poll?

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 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.