UN report says global economy could be heading for systemic crises
By Nick Beams One of the key features of the present situation is the increasing domination of the global economy by giant corporations and finance capital which has led to the reduction of the labour share of income from 57 percent in 2000 to 53 percent today. The latest UN Trade and
Another Trump lawyer pleads guilty in Georgia election interference case
By Megan Butler Trump campaign attorney Kenneth Chesebro entered a plea agreement while potential jurors began filling out questionnaires. Kenneth Chesebro, one of the defendants in the racketeering case against former President Donald Trump and 17 others accused of conspiring to overturn his 2020 election defeat in Georgia, accepted a plea deal
Supreme Court concludes hearing the Petitioners against the Online Safety Bill
Staff Writer The Speaker of Parliament confirmed on Wednesday (18) that 45 petitions had been filed in the Supreme Court (SC) of Sri Lanka challenging the constitutionality of the proposed draconian piece of law titled, Online Safety Bill (OSB). On the same day at 12.30 in the afternoon, the Supreme Court took
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
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