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In Venezuela, opposition party supporters are on the streets calling for President Nicolas Maduro’s resignation. Protestors are largely students from the middle and upper middle class segments of the populations that attend elite universities. There are actually many thousands of students in the Bolivarian University and other universities that haven't participated. Venezuelan expert, Gregory Wilpert, argues that the opposition’s frustration has been boiling under the surface...
Ukraine is in a state of crisis two days after the country’s democratically elected president was ousted following months of street protests that left at least 82 people dead. On Saturday, Ukraine’s Parliament voted to remove President Viktor Yanukovych, a move Yanukovych described as a coup. Ukraine’s new leaders also announced the ousted president was wanted for mass murder of peaceful protesters. Russia condemned the move to oust Yanukovych and recalled its ambassador...
Talking about the nationalisation debate in relation to the mining industry in South Africa, black economic empowerment (BEE) expert Duma Gqubule explains that the value of untapped mineral resources in South Africa’s is US$4.7 trillion. Put differently, the value of these mineral resources is worth one million Rand per South African citizen. Gqubule argues that the mistake our country made in relation to BEE was to set a target of 25% for black people. By definition, a black...
According to David Puttnam, "Those in the media set the tone and the context for much of our democratic discourse. Democracy, in order to work, requires that reasonable men and women take the time to understand and debate difficult, sometimes complex issues and they do so in an atmosphere which strives for the type of understanding that leads to, if not agreement, than at least a productive and workable compromise. Politics is about choices and within those choices politics is about...
Michael Albert - Glenn Greenwald and Michael Albert discuss the difficulties of doing good journalism within the confines of mainstream media, secrecy and corporations and Greenwald's new media project - The Intercept. MICHAEL ALBERT: Glenn, you have been asked over and over about journalism, with the questions often coming from folks eager to somehow discredit you as being too concerned or too involved, and therefore not reliable as a journalist. So I have a question for you about journalism - but coming...
Glenn Ashton - As an emerging market South Africa finds itself amongst a raft of emerging nations in increasing peril in the ocean of international currency markets, with value being speculatively eroded by the predator sharks of the casino economy. The prospect of rescue by capital institutions in the developed world appears slim. Instead commercial and central banks, along with institutions like the International Monetary Fund and World Bank, disinterestedly observe the carnage. It is unsurprising that...