Economy

Margaret Thatcher is dead. Her policies as prime minister ruined the lives of millions of people. Now, her political heirs are trying to extend the damage she did in ways she only dreamed of. The political task is to ensure they fail. We need to make sure Thatcher’s legacy dies with her. Those who will mourn the death of Thatcher include the bankers and get-rich-quick speculators in the City. She pioneered the neoliberal casino capitalism that enriched them. So will Rupert Murdoch's newspapers, which have done so much to champion her rotten values.

Three-and-a-half months ago, the walls upstairs at the Church of the Prophecy in Far Rockaway, a low-income coastal neighborhood of New York City, were covered with maps of where help was most needed. The church was a hub for the Occupy Sandy relief effort after Hurricane Sandy hit last October, established by Occupy Wall Street activists to help communities rebuild.

The United Nations warned on April 10 that austerity measures in richer, developed countries were hitting children hard. Most European governments have turned to austerity measures to cover their bankers' gambling losses. Social and economic policy research head UN children's agency Unicef Chris de Neubourg, said that they must reflect on how their cuts are affecting children. Instead of sparing today's children a future burden they are, in many cases, “presenting the bill to the children now,” risking "”letting them pay both now and in the future,” he told reporters in Geneva.

The article below is abridged from the statement released by South Africa's National Union of Metalworkers of South Africa to mark the 20th anniversary of the assassination of Chris Hani. When Hani was gunned down by a wihte supremacist on April 10, 1993, he was a leader of the South African Communist Party (SACP) and the African National Congress (ANC).Aged 50 when he was killed, Hani was a veteran of the anti-apartheid struggle. He joined the ANC Youth League aged 15 and became a leader of the ANC's armed wing.

The report below is reprinted from Tar Sands Blockade on the oil giant Exxon-Mobil's recent oil spill in Mayflower, Arkansas. The spill of tar sands bitumen has led to the evacuation of dozens of homes in this small community just north of the state capital of Little Rock. Visit the site for up-to-date reports on the spill. * * * As spill estimates are being revised to near 300,000 gallons, we have been hearing very disturbing reports about Exxon’s continued focus on PR damage control rather than actual damage control.

The Real News interviews Venezuela Analysis founder Gregory Wilpert on Venezuela's April 14 elections, in which the candidate of the Bolivarian revolution Nicolas Maduro beat the right-wing opposition candidate Henrique Caprilles by more than 300,000 votes.

The room erupted into cheers when the election results were announced. For hours, the city of Merida's most ardent supporters of socialist presidential candidate Nicolas Maduro had gathered in the local offices of the United Socialist Party of Venezuela (PSUV). However, after a few moments, the closeness of the numbers sank in. At the time of writing, the National Electoral Council (CNE) had announced that with 99% of votes counted, the PSUV's Maduro won with 50.6%. His closest rival, Henrique Capriles, received 49.1%; giving Maduro a slim 1.5% victory.

In the aftermath of Venezuela's April 14 presidential elections that was won by the candidate of the Boliviaran revolution, Nicolas Maduro, the right-wing opposition has refused to respect the result and is carrying out a campaign of often-violent street protests.

In the week leading up to Venezuela’s April 14 presidential elections, whistle-blowing website WikiLeaks published a classified cable indicating that US-based aid organisations were working to overthrow the government and defend US corporate interests in the Andean country.

Perth protest by sole parents and supporters against the cuts to parenting payment in which 84000 sole parents have been forced onto Newstart at a rate more than $130 per week below the poverty line! Speakers included: Rachel Siewert, Mary O'Brien and Sam Wainwright and others.

Nicolas Maduro, the candidate for the Unitede Socialist Party of Venezuela, has won the Venezuelan presidential election with 50.66 percent of the vote against 49.07 percent for opposition candidate Henrique Capriles Radonski. Maduro gave a victory speech immediately after, while Capriles initially refused to recognize the results. The “first bulletin” results were announced by the president of the National Electoral Council (CNE), Tibisay Lucena, at around 11:20 p.m. Venezuelan time, with 99.12 percent of the votes totaled, enough to give Maduro an irreversible victory.

In a quirk of history, Margaret Thatcher died a little more than one month after Hugo Chavez. Thatcher was a figurehead for the global class war in the 1980s and '90s known as “neoliberalism”. Chavez was a figurehead for the struggle against it and the alternative starting to be built in Latin America over the past decade.