Labour Movement, Political Economy, Critics, Corporate Watch, Social Movement

China Sucked Deeper Into World Financial Vortex and Vice Versa, as BRICS Sink Fast

by PATRICK BONDNOVEMBER 27, 2015  On Monday November 30, the Chinese currency – the yuan – will join the dollar, euro, pound and yen as the world’s official reserve currencies, as recommended by the International Monetary Fund (IMF). Are we reaching the fabled new era of multipolarity, and will it bring stability to a chaotic world economy – “a win-win result for China and the world,” as the People’s Bank of China claims?

Urgent Statement Regarding Nullification of Reclamation Permit

  On 13 October Okinawa Governor Takeshi Onaga nullified the permit to carry out land reclamation in Oura Bay, granted by the previous Governor Hirokazu Nakaima, explaining that it contains illegalities. We of the Anti-Helicopter Base Council unconditionally support this decision, and more than ever give our full backing to the Governor.   However the Defense Department’s Okinawa Office has begun legal action aimed at having the nullification itself declared illegal.

The Air France protesters were desperate, frightened people, not a violent mob

 Philippe Marlière  The Guardian Tuesday 6 October 2015 13.01 BSTLast modified on Tuesday 6 October 201513.15 BST On Monday, about 100 employees stormed an Air France management and union official meeting that was discussing dramatic job cuts. As the negotiations had been making no progress, the staff became angry, and tussled with some company officials. Two Air France executives had their shirts torn off. Xavier Broseta, the airline’s head of human resources, escaped the scene by climbing a chain-link fence, bare-chested, while Pierre Plissonnier, the head of long-haul flights, was escorted away by security guards with his suit and shirt in tatters. The spectacular images were shown around the world and provoked dismay and outcry in the media. Protesters were presented as a “mob”. Manuel Valls, the Socialist prime minister, declared that he was “scandalised” by the “unacceptable violence”. He unequivocally backed Air France management, still a partially state-owned company. Emmanuel Macron, the finance minister, tweeted that the violence was “irresponsible” and “nothing can replace social dialogue”. Fearing a media backlash, most trade unions condemned the violence.

Jeremy Corbyn's victory means Labour's living dead have been vanquished - and English politics has come to life again

The Independent     The party's most left-wing leader ever understands the key issues on which no compromise is possible Tariq Ali   The ironies of history never fail to surprise. Measured by any criteria, Jeremy Corbyn is the most left-wing leader in the history of the Labour Party. He understands that those who do evil abroad are unlikely to do much good at home.

Make the One Day All-India Strike on 2 September a Huge Success

Radical Socialist   With the electoral victory of the Bharatiya Janata Party, which got a majority in the lower house of Parliament all by itself, a deeply right wing government is well-settled in power. A little over one year after they have come to power, this government is going to engage in its first test of strength with the working class. We have long ago characterised the BJP, and standing behind it, the RSS, as a fascist force. But this does not mean that the day after they took power a Hitler-regime was imposed in India.  But the chipping away at democracy continues daily.

Support PCS strike at London's National Gallery

 PSI August 13, 2015  Staff at London's National Gallery, organised by PSI affiliate the Public and commercial services union (PCS), have been on strike since February 2015 following the Gallery's decision to privatise almost all staff, including those who look after the paintings and help the gallery's six million annual visitors.

US oil workers strike over pay, benefits and safety

 About 3,800 workers in four states have refused to return to work after contract renegotiations fell apart February 2, 2015 2:55PM ET Al Jazeera America     Wilson Dizard    About 3,800 oil refinery workers at nine plants in California, Texas, Kentucky and Washington state carried out their second day of strikes Monday, calling for safer working conditions and better pay and benefits. The strike comes at a routine juncture in labor relations: a contract renegotiation. But talks collapsed in acrimony Saturday night with both sides leaving the table and have not resumed yet, according to United Steel Workers International (USW), the union leading the strike. The union represents oil refinery employees in 65 plants across the United States, producing 64 percent of U.S. oil. Crude prices have fallen by 50 percent in the last six months, but analysts say the strike is unlikely to reverse that trend or to significantly diminish refining capacity. The more important effects could be related to workers’ safety and the new contract they negotiate with the energy companies that employ them.

Some ailing former workers shut out of Samsung’s illness compensation plan

By Kim Min-kyung The Hankyoreh Despite serious conditions among victims, Samsung says they’ll only compensate those with particular illnesses Kim Mi-seon, 35, who met a Hankyoreh reporter in the emergency room of Asan Medical Center in the Songpa District of Seoul on the morning of Jan. 18, has only one hope - the negotiations about diseases that workers at Samsung contracted on the job. The stalled negotiations resumed last year. Kim had been working at Samsung Electronics’ liquid crystal display (LCD) plant in Giheung, Gyeonggi Province for three years when she had to quit her job after coming down with multiple sclerosis in 2000. Today, her unending hospital bills make it hard for her to get by.

SACTWU salutes brave Chinese footware workers

23 April 2014 http://www.cosatu.org.za/show.php?ID=8671 The SA Clothing and Textile Workers’ Union (SACTWU) salutes the brave 40 000 Chinese footwear workers who have been on strike since 14 April 2014. These workers are employees at footwear factories in the Chinese city of Dongguan. These factories belong to Hong Kong-based Yue Yuen Industrial Holdings, and workers there make shoes for premier international brands such as Nike, Adidas, Reebok, New Balance, Converse, Timberland, and Asics. The workers’ main concern is that while the company is required by law to contribute every month to a social insurance account for workers, workers have discovered that their company has either under-contributed to their accounts, or not contributed at all. For instance, it seems the company has robbed workers of much of their benefit payments by calculating the payments on the basis of workers’ base wages instead of their actual wages. Yet actual wages are routinely double the base wage due to extensive overtime. This means social benefit payments are severely undervalued. In addition, it appears the company has paid only about 1 000 workers (out of 45 000 workers) their statutory housing payments.
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