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| Venezuela
After Venezuela’s elections: defeat for the right, challenges for the leftAt the beginning of October, much of the world’s media descended on Caracas hoping to report on the end of an authoritarian regime. “Too close to call” was the refrain on almost every network. Market analysts at places like Barclay’s Capital urged investors to pile into Venezuelan debt on the assumption of an opposition victory. Months earlier Robert Zoellick, then still head of the World Bank, revelled in the certainty that Chavez’ days were numbered. Better still, Chavez’ defeat would put a stop to Venezuela’s subsidies to Cuba and Nicaragua and spell the end for those ’regimes’ too, bringing “an opportunity to make the Western Hemisphere the first democratic hemisphere”. When those pictures came out a week before the poll, of tens of thousands at the final opposition rally, it seemed they might be right. Many of us had forgotten that the Venezuelan opposition turned out dozens of equally massive rallies and marches back in 2002 to 2004. Even among left activists there were more and more of us mumbling about whether there was really much to save in the Bolivarian revolution. -> read article... |
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| China
Bureaucratic capitalist? ,
Terry Conway interviewed Au Loong Yu, the author of the forthcoming book China’s Rise Strength and Fragility (Resistance Books, IIRE, Merlin Press) for Socialist Resistance -> read article... |
| Greece
The cradle of what kind of Europe?"Everyone" - because in Europe many people still believe that this continent is the centre of the world – is talking about the elections on June 17, 2012 in Greece: the "cradle of democracy", according to a history that is partly fable. The possible results of the election interest not only the "Right" and the "Left" – including the PCF (French Communist Party), put back in the saddle of a tottering horse by the Left Front sponsored by Jean-Luc Mélenchon, who are all "friends" of Alexis Tsipras, the leader of SYRIZA - but also the political institutions of the European Union (EU), the bankers and their "bailed-out" banks, the speculators in the currency market. And, of course, those who make a living from forecasts that are uncertain, but lucrative, of an economic conjuncture which makes the front pages of the daily press: Roubini and Co. -> read article... |
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