Economy

Private polling shows veteran left-wing Labour MP Jeremy Corbyn, who takes a strong stand against austerity and has a history of backing supporting popular movements, ahead in the first round of voting, the New Statesman said on July 15. The New Statesman said the success of Corbyn's campaign surprised observers. Corbyn collected 40 nominations from local parties, just eight less than the bookmakers' favourite, Andy Burnham.

The world’s largest social movement, La Via Campesina, has slammed the power of transnational companies for undermining democracy and stifling people’s voices on a global scale.

Thousands of people protested on July‭ ‬15‭ ‬across Europe‭ – ‬and in cities around the world‭ – ‬in solidarity with Greece's struggle against austerity. The next day,‭ ‬Marina Prentoulis,‭ ‬spokesperson for Syriza in Britain,‭ told TeleSUR that what was needed was a‭ “‬pan-European movement‭” ‬capable of confronting the power of European capital and the neoliberal agenda of European leaders.‭

An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last week's landslide "No" vote and secretly agreed a raft of repressive, impoverishing measures in return for a "bailout" that means sinister foreign control and a warning to the world. Prime Minister Alexis Tsipras has pushed through parliament a proposal to cut at least 13 billion euros from the public purse - 4 billion euros more than the "austerity" figure rejected overwhelmingly by the majority of the Greek population in a referendum on 5 July.

British unions slammed the ruling Conservative Party on July 15 for introducing a bill derided as the biggest attack on worker's rights in decades, TeleSUR English said that day. The government's new Trade Union Bill would impose a slew of new regulations on unions, including new voting thresholds for strikes. At least 50% of members would need to cast a ballot for a strike to move forward. Now, unions only need to secure a simple majority of votes for a strike to be valid.

More than 60 lawmakers from Germany’s Die Linke (The Left) party voted against the proposal for further austerity for Greece on July 17. They accused the German government of “destroying Europe” by forcing Greece to accept hard-hitting austerity measures required by the eurozone for a third bailout deal.

Europe, as we know it, may well be over. The promise of a peaceful integration of equals with a capitalist framework lies tattered on the floor of a negotiation room in Brussels.

Community resistance to the Perth Freight Link, a $1.6 billion freeway project proposed by the state and federal governments for the south-west region of Perth is growing at an explosive pace.

New strikes have hit Greece as anger flares over the latest deal pushed onto Greece by the Troika of European Commission, European Central Bank and International Monetary Fund. Thousands of public sector workers from the ADEDY union took to the streets on July 15 as part of a general strike calling for the rejection of a raft of new austerity measures being put to the parliament by Prime Minister Alexis Tsipras.

In the early hours of July 16, Greek parliament voted to accept the punitive July 12 funding deal put forward by eurozone lenders.

The Greek Parliament voted in the early hours of July 16 to back the deal agreed to by Prime Minister Alexis Tsipras on the tough economic measures demanded by Greece's creditors. The vote came despite street protests and strikes -- and in the face of a statement released the day before by the governing SYRIZA party's central committee against the deal.

Core texts of the secretive Trade in Services Agreement (TISA) have finally been exposed by WikiLeaks. The whistleblowing group released the explosive document on July 1, ahead of the a new round of negotiations. The 52 participating countries, including the US, Japan, Australia, Israel and the members of the European Union, are discussing “liberalisation” of laws on financial services, telecommunications and cross-border transfer of workers.