Monday, April 20, 2015
CounterCurrents: ExxonMobil’s Dangerous Business Strategy, Xenophobia In South Africa: Driven By Apartheid Legacy Of White Monopoly Capitalism,
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In Solidarity
Binu Mathew
Editor
www.countercurrents.org
Xenophobia In South Africa: Driven By Apartheid Legacy Of White Monopoly Capitalism
By Garikai Chengu
http://www.countercurrents.org/chengu200415.htm
South Africa’s Apartheid regime is remembered as one of the worst crimes against humanity of the 20th century. The White monopoly capitalist system that underpinned Apartheid remains alive and well today. White monopoly capitalism is the post-Apartheid economic system, whereby Whites continue to exert disproportional and undemocratic control over the nation's economy, land, media and judicial system. The American investment bank, Citigroup, recently ranked South Africa as the world’s richest country, in terms of its mineral reserves, worth an estimated $2.5 trillion. South African Whites and Western foreigners own a staggering 80 percent of this wealth, and that is the root cause of the recent xenophobic violence
Mediterranean Deaths: UN Points To 50-Fold Increase In Deaths
Amid European Government Inaction
By Amnesty International
http://www.countercurrents.org/ai200415.htm
European governments’ ongoing negligence towards the humanitarian crisis in the Mediterranean has contributed to a more than 50-fold increase in migrant and refugee deaths since the beginning of 2015, Amnesty International said today amid fears that as many as 700 more have died amid rescue missions off the coast of Libya in recent days
NATO Increasingly Surrounds The ‘Russian Threat'
By Eric Zuesse
http://www.countercurrents.org/zuesse200415.htm
On Saturday, April 18th, the Commander of the U.S. Army in Europe, Ben Hodges, told Britain's Telegraph that “There is a Russian threat,” and that “The best insurance we have against a showdown is that NATO stands together.”
ExxonMobil’s Dangerous Business Strategy
By Jeffery D. Sachs
http://www.countercurrents.org/sachs200415.htm
ExxonMobil’s current business strategy is a danger to its shareholders and the world. We were reminded of this once again in a report of the National Petroleum Council’s Arctic Committee, chaired by ExxonMobil CEO Rex Tillerson. The report calls on the US government to proceed with Arctic drilling for oil and gas – without mentioning the consequences for climate change
Colonial Science And Sustainability
By Jan Wareus
http://www.countercurrents.org/wareus200415.htm
We live in times when semantics are changing and texts are full of abbreviations. So, now I’m told that COAD is chronic obtrusive air-ways decease. The plague miners and stone-pit workers even share with people smoking too many Cohibas and Davidoff pipe tobacco. However, we all share the COED – chronic obstructive economic decline! With enormous consequences for both rich and poor, both developed and developing countries
Globalization: Global Agribusiness Hammering Away
At The Foundations Of Indian Society
By Colin Todhunter
http://www.countercurrents.org/todhunter200415.htm
As Modi presses through with his strident neoliberal agenda and seeks to further privatize India's agricultural heritage, it begs the question: is it not tantamount to turning in on yourself and destroying the home in which you live?
Kashmir: Show Me The Progress Report?
By Ummer Wani
http://www.countercurrents.org/wani200415.htm
Yet again, the valley is at the political crossroads—with the return of summer—the summers of crises, curfews and crackdowns, the stage is set for another spell of Hartals and ‘Chalo calls’ and not to mention the deaths. The killing of a youth in Tral few days ago and the planned proposal to establish composite townships for Kashmiri Pandits living in self-imposed-exile, are the latest incidents which are likely to galvanize the valley into a trance of action and defection
A Beginner's Guide To Indian Commodity Futures Markets
By Neeraj Mahajan and Kavaljit Singh
http://www.countercurrents.org/singh200415.htm
The Guide provides concrete examples to show how the Indian commodity futures markets are manipulated by a few big players who enrich themselves at the cost of farmers and small traders. It reveals how systemic corruption and frauds take place frequently in the Indian markets due to inherent weakness of the institutions responsible for making and enforcing regulations. In gripping detail, it describes some of the recent scandals that have shaken the public’s trust and confidence in commodity markets
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