Economy

Public housing residents in Millers Point facing eviction orders are so distressed that one of them committed suicide this week, Save Millers Point campaigner Barney Gardner told a public housing protest outside NSW Parliament on March 10. The protest united several campaigns against NSW government attempts to privatise public housing in Glebe, Millers Point and elsewhere in the state, to highlight public housing as an important election issue There has been at least one other Millers Point resident who attempted suicide earlier, Gardner told Green Left Weekly.

The left-wing Farabundo Marti National Liberation Front (FMLN) has won 86 of the 262 mayorships of El Salvador in March 1 elections, including the capital San Salvador, according to preliminary reports, TeleSUR English said on March 4. The ruling FMLN also announced it won a legislative majority in the National Assembly and the Central American Parliament. The FMLN said it would now govern areas covering more than 65% of the population, compared to 45% in the past.

The Bolivian government said the Andean nation’s gross domestic product grew US$34 billion last year, establishing it as one of the fastest growing economies in the region. Vice-President Alvaro Garcia Linera said that the country’s Social Community Productive Economic Model allowed for the economy to grow, despite a fall in prices for raw materials. “In 1996 the Bolivian economy accounted for $5.3 billion and by 2005, $9.5 billion dollars,” Garcia said.

The Bolivarian Alliance of the Peoples of Our America (ALBA) is an anti-imperialist trading bloc first formed by the left-wing governments of Venezuela and Cuba to promote trade on the basis of solidarity rather than competition. It has since expanded to include 11 nations, with Venezuela and Cuba joined by Bolivia, Ecuador, Nicaragua, Dominica, Antigua and Barbuda, St Vincent and the Grenadines, Saint Lucia, Grenada and Saint Kitts and Nevis. Honduras was an ALBA member, but was forced to withdraw when a 2009 US-backed coup installed a right-wing dictatorship.

The Bolivarian Alliance of the Peoples of Our America (ALBA) is an anti-imperialist trading bloc first formed by the left-wing governments of Venezuela and Cuba to promote trade on the basis of solidarity rather than competition. It has since expanded to include Bolivia, Ecuador, Nicaragua, Dominica, Antigua and Barbuda, St Vincent and the Grenadines, Saint Lucia, Grenada and Saint Kitts and Nevis. Honduras was an ALBA member, but was forced to withdraw when a 2009 US-backed coup installed a right-wing dictatorship.

Bolivia's fast growing economy fuelled by social spending The Bolivian government said the Andean nation’s gross domestic product grew US$34 billion last year, establishing it as one of the fastest growing economies in the region, TeleSUR English said on February 17. Vice-President Alvaro Garcia Linera said that the country’s Social Community Productive Economic Model allowed for the economy to grow, despite a fall in prices for raw materials. “In 1996 the Bolivian economy accounted for $5.3 billion and by 2005, $9.5 billion dollars,” Garcia said.

On Wednesday March 11, members of the United Services Union (USU)at Liverpool City Council will stop work to discuss management’s attacks on members’ working conditions. The stop work is to take place in Bigge Park in the centre of Liverpool from 10am. The NSW government’s “Fit for the Future” process is requiring councils in Sydney to show significant cost savings or be amalgamated. Council’s senior management has used this process as a justification for mounting an attack on the conditions of its employees across the board.

The various agencies of Australian governments have a capacity to access data generated by individuals that is unprecedented — one of the “benefits” of the communications revolution that we are living through.

Support for the Greek government headed by radical left party SYRIZA is growing, new polls show. The polls also found high support for SYRIZA's negotiations with its creditors, which secured a deal to extend its loans package by four months. The deal came with significant concessions to the institutions that have imposed austerity on Greece, which led to strong criticisms from SYRIZA's Left Platform, which believes the party should either prepare for, or at least consider, leaving the eurozone and returning to the drachma.

Hugo Chavez was Venezuela's president from 1998 until his death from cancer on March 5, 2013. He led a mass process known as the Bolivarian revolution to redistribute wealth, promote popular power and challenge US domination and exploitation of Latin America. The goal of the Bolivarian revolution is to create a “socialism for the 21st century”.

In February the Reserve Bank of Australia (RBA) reduced the cash rate to 2.25%, a rate it then maintained at its March meeting. While there has been a great deal of commentary on this in the mainstream press, especially in the Australian Financial Review, the left press (for lack of a better term) has been stunningly silent.

Citizenfour Directed by Laura Poitras Staring Edward Snowden, Glenn Greenwald & William Binney In cinemas now Directed, filmed, and produced by Laura Poirtas, Citizenfour is a documentary about exposing truths those in power would like hidden, and the danger of mass surveillance in our present society. Focusing on the case of National Security Agency (NSA) whistleblower Edward Snowden, who exposed the US government body's wholesale spying around the world, it takes the viewer on a thrilling journey to reveal how the story unfolded away from the spotlight.