Bond prices fall, financial risks rise
By Nick Beams One of the key issues at work in the selloff is whether the Treasury market has the capacity to finance the ever-growing levels of US debt. The selloff in the $25 trillion US bond market, one of the foundations of the global financial system, is continuing. The yield on
Constitutional amendment proposal for Indigenous Voice defeated in Australian Referendum
By Mike Head The scale and social content of last Saturday’s overwhelming rejection of the Australian Labor government’s referendum to entrench an indigenous advisory body called the Voice into the country’s constitution is becoming clearer. Overall, the referendum was defeated by about 61 percent to 39 percent, with postal votes still being
Indian Supreme Court bows down to the far-right, rejects same-sex marriage rights
By Staff Writer The Supreme Court in India today (17) refused to grant legal recognition for queer marriages, in a landmark judgement, denying equal rights to tens of millions of people. A five-judge bench, led by Chief Justice of India (CJI) DY Chandrachud, ruled that the court could not “be re-drafting
Arundhati Roy and Kashmiri activist targeted by Modi government for criminal prosecution over 2010 remarks
By Kranti Kumara India’s Narendra Modi-led, far-right government is targeting internationally acclaimed author Arundhati Roy and former Central University of Kashmir international law professor Sheikh Showkat Hussain for criminal prosecution for remarks that they made at a conference held 13 years ago. This flagrant attack on free speech is part of
IMF downgrades global growth forecast as global financial problems still loom large
By Nick Beams The International Monetary Fund (IMF) has slightly revised down its forecast for global growth, largely on the back of worsening conditions in the euro zone and China. It has stated that a “full recovery toward prepandemic trends appears increasingly out of reach, especially in emerging market and developing
Israel commits war crimes in Gaza: Will ICC issue arrest warrant against Netanyahu now?
By Staff Writer Friday (13) Israeli air force distributed leaflets in the North of the Gaza Strip informing the Palestinians there to evacuate to the southern part of Gaza, in view of their planned ground operations against Hamas fighters. Courtesy of AlJazeera Israel has already confirmed that it had dropped more than 6000
Mauritius Supreme Court upholds LGBTQ rights, dignity, and sodomy laws unconstitutional
By Staff Writer In two landmark judgments, delivered on Wednesday (12), the Supreme Court of Mauritius has struck down the provision in the 1838 Criminal Code that criminalized consensual anal sex between men, rejecting the law as a discriminatory colonial relic. According to Human Rights Watch (HRW), one case was brought by
Popular cartoonist Awantha Artigala and journalist activist Shantha Wijesooriya petition against the Online Safety Bill
By Staff Writer Renowned Cartoonist Awantha Artigala and senior journalist Shantha Wijesooriya today (12) filed a case (SD No. 91/2023) in the Supreme Court of Sri Lanka challenging the "Online Safety Bill", one of the draconian law proposals of the President Ranil Wickremasinghe's government. Since October 03, when the Bill was placed
British government seeks to outlaw pro-Palestinian protests
By Thomas Scripps. UK Prime Minister Rishi Sunak and Home Secretary Suella Braverman are utilising Israel’s war on Gaza and the Palestinians to launch the gravest attack on free speech and the right to protest in post-war British history. UK Prime Minister Rishi Sunak and Home Secretary Suella Braverman are using Israel’s
Get the US out of the Middle East
By Ryan McMaken The ongoing conflict between the state of Israel and Hamas escalated considerably on Saturday. A group of armed fighters—presumably of Hamas—broke through the Gaza-Israel border barrier and launched what is sure to be a short-lived invasion of southwestern Israel. At least 700 Israeli citizens—most of them apparently civilians—were killed,