The general election of February in Italy produced a political deadlock over the formation of a new government and reawakened fears that the crisis of the European Union currency – the Euro – could take a new turn for the worse. A low turnout of voters (by Italian...
italy
Greece, the EU and the world economic crisis… again | by John Reimann
Like a cancer brought under remission in one part of the body, only to pop up again elsewhere, the world capitalist economic crisis is back Last year the Greek ponzi scheme, whereby the extent of Greek national debt was hidden from its creditors (international finance...
Where enforcement, not relaxation of laws is the way forward
The Greek economic crisis has moved off the front pages and, once again, there is talk of perhaps an upturn in various economies. But the Greek crisis has not disappeared and Europe remains shaky, especially around the edges in countries such as Ireland, Spain,...
Romance, grace and football | by Mark Espin
When people write about football they often employ a series of overstated adjectives and nauseating hyperbole. The death of Sampaio de Sousa Vieira de Oliveira in December last year required that football writers be much more careful about their use of language when...
News Briefs | Amandla Issue 22/23
Rendition South Africa styleSenior officials in the Hawks and SA Police Service are conducting illegal ‘renditions’ of Zimbabweans, who are deported from South Africa, handed to Zimbabwean security forces and then murdered. Rendition is the illegal kidnapping and...
Living in Rats’ Alley – Europe’s Crash Landing | by Mike Whitney
“Italy is now mathematically beyond the point of no return.” –Barclays Capital The situation in Europe gets more depressing by the day. Policymakers have waited too long and now events are beyond their control. The only way to avert a disorderly breakup and another...
G20 : the Symbol of a System Failure | by Eric Toussaint
The G20 is no more legitimate than its progenitor the G7 (Canada, France, Germany, Italy, Japan, UK and USA). It was launched by the industrialized countries three years ago when they were beginning to feel the effects of the biggest economic crisis since the 1930’s....
Why is demonstrating in Nice against the G20 the 1st to 3rd November 2011 essential ? | by Eric Toussaint
Q: In the context of global crisis, what is at stake at the G20 meeting under French presidency? The crisis is worsening, especially for the most industrialized countries. The governments of the so called "emerging" countries such as Brazil, China, India and Russia...
‘Sound Finance’ Imperilling Democracy | by EPW
What if debt deflation strikes, will the Eurozone’s financial elite still bay for sound finance? Finance capital’s imposition of fiscal austerity on both sides of the Atlantic – and this at a time when private consumption and investment are stagnating – is pushing the...





