Economy

Socialist Alliance’s Sue Bolton spoke to Green Left Weekly’s Dave Holmes about her work as an elected socialist local councillor in Moreland, a municipality in Melbourne. This is the fourth in a series of interviews with Bolton. You can find the whole interview at links.org.au. * * *

Condolences and tributes to legendary revolutionary and champion of women’s rights Nora Castaneda have been pouring in from across Venezuela after news of the activist’s death on May 16. An economist, university lecturer and much-loved revolutionary, Castaneda is renowned for having founded and presided over Venezuela’s internationally celebrated Women’s Development Bank, “Banmujer” since 2001. She was also one of the chief protagonists of Venezuela's working-class women’s movement that emerged in the 1980s.

Traces of chemicals commonly used for fracking were found in‭ ‬the‭ ‬drinking‭ ‬water‭ ‬supply of three homes in Bradford County in the US state of Pennsylvania,‭ ‬a study revealed on May‭ ‬18.‭ The investigation,‭ ‬which appeared in scientific‭ ‬journal‭ ‬‬Proceedings of the National Academy of Sciences‭<‬/i‭>‬,‭ ‬proved the long-held worry of damaging underground drinking water sources from the method of extracting gases known as hydraulic fracturing.‭ ‬The report explicitly links the practice with the affected water systems.‭

"Resign Now" is the rallying cry of the popular movement bringing together diverse social sectors calling for President Perez Molina's resignation. Photo: Prensa Comunitaria. Despite growing social movement pressure and emerging corruption scandals, Guatemalan President Perez Molina says he will not resign.

“Almost a third (33%) of the UK population - 19.3 million people - fell below the official poverty line at some point between 2010 and 2013, according to figures released by the Office for National Statistics,” the Press Association reported on May 20. The article said “The ONS records someone as being in poverty if they live in a household with disposable income below 60% of the national average, before housing costs. Persistent poverty is defined as being in poverty in the current year and at least two of the three preceding years.

Popular left-wing activist activist Ada Colau has won Barcelona's May 24 mayoral elections. Running on the ticket of Barcelona Together, which united several left groups and grassroots activists, Colau came first with 25% of the vote.

A new popular uprising has started in Peru at the port of Callao,‭ ‬crucial for international trade and the handling of the majority of the country‭’‬s seaborne cargo.‭ After‭ ‬10‭ ‬months of unresolved negotiations with transnational company,‭ ‬APM Terminals Peruvian longshore workers from the port of Callao,‭ ‬west of Lima,‭ ‬decided to take to the streets and march.‭ This latest demonstration follows an earlier strike against the company on May‭ ‬13,‭ ‬with workers demanding‭ ‬pay‭ ‬rises in‭ ‬relation to the company's profits,‭ ‬full healthcare coverage,‭ ‬and training.‭

Greek pensioners joined the march for a better healthcare in Athens.

As Nepal struggles to revive from the catastrophe caused by the April 25 earthquake that registered 7.8 on the Moment Magnitude Scale and its aftershocks, Latin America's socialist governments are busy soothing the wounds of the Nepalese people. The orange-coloured team of Venezuelan aid workers and white-coloured medical team from Cuba have brought to the people of Nepal the spirit of Argentine-born Cuban revolutionary Che Guevara and Venezuela's late revolutionary president Hugo Chavez.

The fossil fuel industry receives US$5.3 trillion a year in government subsidies, despite its disastrous toll on the environment, human health, and other global inequality issues, a new report by the International Monetary Fund (IMF) has found. That means that governments worldwide are spending $10 million every minute to fund energy companies — more than the estimated public health spending for the entire globe.

More than‭ ‬200‭ ‬environmental activists‭ ‬blocked a terminal in Seattle‭’‬s port to protest against Royal Dutch Shell‭’‬s imminent plans to begin drilling for oil in the Arctic.‭ A huge vessel,‭ ‬named Polar Pioneer,‭ ‬is temporarily stationed at the port before heading out to the Arctic to explore for oil.‭ ‬If successful,‭ ‬it will be the first time the multinational has exploited oil in the Arctic.‭

Burundi's embattled President Pierre Nkurunziza agreed on May 20 to postpone parliamentary elections, but refused to change the date of the presidential vote. Parliamentary and local elections were moved back from May 26 to June 6. However, the contentious presidential vote remains scheduled for June 26.