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Wisconsin Recall: Democrats Paved the Way for Walker’s Victory

...by draconian attacks on labor rights and social services. Some commentators defended Barrett’s right-wing politics as necessary to win over moderate “swing voters.” For instance, former Madison Mayor Dave Cieslewicz...

Euro crisis: Greece heads for the exit

...is forced out, it is likely that other member states will follow. Spanish banks, for instance, are on the edge of insolvency. The Spanish government was recently forced to nationalise...

May Day in Nigeria — Fanfare fails to mask workers’ anger

...speeches made attempt to run with hares and hunt with hounds in respect of the minimum wage issue. The state chairman of the NLC for instance commended that state governor...

May Day 2012: Celebrate Working Class History and Fight for New Victories! — International...

...incorporate workers’ class action. In Africa, Asia and Latin America, this year’s May Day mobilizations take place against the background of increasing instability. The spreading of the effects of the...

Where is the U.S. Economy Going?

...of the regime, with the removal of Bo Xilai, which could create more instability. Considering the size and importance of the Chinese economy to the U.S. and world economies, a...

The Politics of Oil and Gas – For a Green Jobs Program!

...change through massive reduction in fossil fuel use. Meanwhile, oil speculators and Wall Street continue to rake in huge profits. Gas Prices Fuel Debate While global demand and instability in...

Venezuela: Where are Chavez and the Bolivarian Revolution heading?

...political instability that would be generated by a right wing government on a national and continental level is not something that would currently be favoured by the international ruling class,...

Occupy Homes Protest Forces Delay of Sheriff Sale

...difficulties caused them to fall behind on payments by just two months, US Bank refused their request to repay their arrears in installments and immediately began foreclosure proceedings. Meanwhile, Lucinda...

Nigeria: An intractable socio-economic crisis

...analysts, Africa and Nigeria’s economy in particular are passing through the best of time. For instance, the Financial Times of London in its November 23, 2011 special edition on Nigeria...

The Euro “stabilised” but still in crisis

...loans. Some has been used to buy peripheral eurozone government bonds yielding a much higher return, reaping an instant profit for the banks. No doubt, moreover, some of the funds...