By John Quiggin, The University of Queensland The controversy ignited by the Australian National University in October, when it decided to sell its shares in seven resources companies, has raised two important questions about divestment from assets such as fossil fuels. The first is whether divestment is an economically prudent choice, and the second is […]
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Economy
Iraq Famine Threat? IS Daesh/ ISIL Stealing Wheat, Preventing Farmers from Providing Food?
JURF-AL-SAKHAR/DUBAI (IRIN) | — November is usually a busy month for farmers in the Iraqi town of Jurf al-Sakhar as they sow their seeds ahead of the bitter winter months. Yet this year fields lie unplanted and untethered goats and cows wander aimlessly among slayed palm trees. Months of fighting have taken a heavy toll […]
Iraq: A Bigger Threat than Extremists? Economy on Verge of Collapse
By Mustafa Habib | Baghdad | via Niqash.org The Iraqi dinar: there might not be enough oil revenue coming into Iraq next year. The high cost of fighting the extremist Islamic State group, the worldwide decrease in oil prices, corruption and a lack of sensible economic forward planning mean that Iraq may be on the […]
How Public Power can get Big Money out of Politics & Defeat Plutocrats
Bill Moyers | — Bill Moyers: “How Public Power Can Defeat Plutocrats” via BillMoyers.com “Government has become a clearinghouse for corporations and plutocrats with deep pockets to buy the politicians who grease the wheels for lucrative contracts and easy regulation. It’s all pay for play, and look the other way. According to the watchdog Sunlight […]
Child Homelessness rising in US — Red States wonder why they’re the Worst
ABC 15, AZ | — “Arizona ranks as one of the worst states for homeless children.” ABC 15 Arizona: “Increase in homeless children in the US”
Egypt’s Battle for Worker’s Rights in Upcoming Legislation
By Nehal Amer Over the past year Egypt has undergone harsh reforms in a narrowing sociopolitical environment. New legislation is rapidly being produced in the absence of an elected parliament—from the repressive protest law to the draft NGO law, and now to the draft labor law. This past August, the Ministry of Manpower and Migration […]
U2’s Bono on ‘Band Aid 30’: Ebola is a ‘political failure’
Channel 4 News | — “The spread of Ebola is “not a medical failure” – U2 lead singer Bono tells Channel 4 News political leaders “need to keep their promises”.” Bono on Band Aid 30: Ebola is a ‘political failure’ | Channel 4 News
Saudi Arabia at the G20: Is it waging Econ War on Iran, Russia and N. Dakota?
By Juan Cole The G20 is a conference of the world’s top 20 economies as measured by Gross Domestic Product. Some observers have slammed it as an unelected and arbitrary body that is doing some of the work the United Nations was intended to do– only in a much less egalitarian way. The official web […]
Denmark to ban Coal in Favor of Wind Energy
Wochit General News “Denmark’s climate minister said on Saturday that Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power. Denmark has already taken big steps to break reliance on high-polluting coal – wind turbines are […]