September 2011

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The Youth League Stakes its Claim

Picture: ANC Youth League Richard Pithouse - When the Springboks are running rampant even a drab supermarket in a small town can take on a carnival air with excited conversation moving between people without regard to all the usual barriers. But the nation, as we all know, is riven with all kinds of fractures. For the ANC some of these fractures can be useful as it seeks to sustain its moral authority while electoral support declines, popular protest continues and internal battles escalate. But other fractures pose a real challenge to...

Meltdown - Part One: The Men Who Crashed the World

Video In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne. The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929....

COP 17 and Rumours of 'Success': What Should One Expect?

Picture: kool_skat_kat Saliem Fakir - The United Nations Framework Convention on Climate Change (UNFCCC) negotiations to be hosted in Durban later this year, with this round of talks commonly referred to as COP 17, must not be seen in isolation of the troubled waters gnawing at the knees of multilateral environmental agreements (MEAs). Things aren’t working like they used to or perhaps never really worked. The rupture between environmental values and economic growth has always been there and bodes ominously for the future...

Palestinian Bid for Statehood: It's the Occupation, Stupid

Picture: www.annainthemiddleeast.com Sandy Tolan - The State to Which the U.N. May Grant Membership Is Disappearing It's the show that time and the world forgot. It’s called the Occupation and it’s now in its 45th year. Playing on a landscape about the size of Delaware, it remains largely hidden from view, while Middle Eastern headlines from elsewhere seize the day. Diplomats shuttle back and forth from Washington and Brussels to Middle Eastern capitals; the Israeli-Turkish alliance ruptures amid bold declarations from the...

Why the BRICS Won't 'Save' Europe

Picture: @hopersomianonna Pepe Escobar - This Thursday, in Washington, finance ministers and central bank governors of the BRICS group of emerging powers - Brazil, Russia, India, China and South Africa - will get together and, in the words of Brazilian Finance Minister Guido Mantega, "Talk about what to do to help the European Union get out of this situation."  Hold your horses. Is this an emerging cavalry to the rescue? Could this be the end of the eurozone (eurotrash?) self-induced liquidity panic? Or is...

'Occupy Wall Street': Thousands March in NYC Financial District, Set Up Protest Encampment

Video Demonstrators are marching on Wall Street in a campaign dubbed "Occupy Wall Street," which began on Saturday, 17 September 2011, when thousands gathered in New York City’s Financial District. Inspired by the massive public protests in Cairo’s Tahrir Square and Madrid’s Puerta del Sol Square, hundreds have marched and slept in a park near Wall Street since Saturday. Ad Busters, a Vancouver-based culture-jamming magazine, put out a call for Saturday’s protest...