Che Guevera died 47 years ago, but he continues to inspire millions around the world. The popularity he enjoys so many years after his death is proof that though “they” may have killed the man, “they” will never extinguish the ideas for which he died. On 9 October 1967, Ernesto “Che” Guevara was executed by a Bolivian army officer at the end of his ill-fated attempt to foment revolution throughout Latin Ame ...

Plunging Greek Wages Crater Q2 Disposable Income By 9.3%, Government Borrowing Rises To Record by zerohedge Can someone please explain this whole "Grecovery" concept to use because neither we, nor apparently the people of Greece which are not only unemployed and broke, but have negative savings, and collapsing wages, social benefits and disposable income, seem able to understand it. Here is the latest absol ...

Theresa Kerketa, 45 years old, poses for a picture at her residence on the outskirts of New Delhi November 2, 2012. Kerketa was working as a maid was rescued by Bachpan Bachao Andolan (Save the Childhood Movement), a charity which rescues victims of bonded labour. REUTERS/Mansi Thapliyal LONDON (Thomson Reuters Foundation) - Some 30 million people are enslaved worldwide, trafficked into brothels, forced int ...

How terrible, how sad, said the politicians from Italy to England. Pope Francis called the shipwreck a “disgrace” and offered prayers for the victims. Italy took the easy route saying, quite understandably, that it was a problem for Europe as a whole. But less than a week later, the drowning of some 363 migrants off the coast of   the island of Lampedusa has already fallen out of the main news. Had the vict ...

Just 8.4% of all the 5bn adults in the world own 83.4% of all household wealth (that’s property and financial assets, like stocks, shares and cash in the bank).  About 393 million people have net worth (that’s wealth after all debt is accounted for) of over $100,000, that’s 10% own 86% of all household wealth!  But $100,000 may not seem that much, if you own a house in any G7 country without any mortgage.  ...

It could take up to 25 years to regain living standards prior to the economic crisis  If left unchecked, austerity policies could put between 15 and 25 million more Europeans at risk of poverty by 2025 – nearing the population of the Netherlands and Austria combined. This would bring the number of people at risk of poverty in Europe up to 146 million, over a quarter of the population, warns international ag ...

(CNN) -- If austerity had been a clinical trial, it would have been stopped. As public health experts, we have watched aghast as a slow motion disaster arose from austerity policies in Europe, while politicians continue to ignore the evidence of their disastrous effects. Austerity was designed to shrink debts. Now, three years after Europe's budget-cutting began, the evidence is in: severe, indiscriminate a ...

Many years before the first clouds of the crisis would hover over the greek skies, amidst greek society's most glorious of moments and its most mundane of days, the lives and labour of migrants would be faced with their meticulous devaluation. Impossible Biographies from Ross Domoney on Vimeo.   For them, the crisis has by now come of age. Yet despite and against shallow journalistic interpretations, t ...

Austerity is destroying the free part of the Greek economy, leaving government more dysfunctional than ever. Worse news: it will need yet another bailout... Seasoned economic observers remain shocked by recent events. Greece will soon need another bailout. That’s not remotely surprising. What shocks is that there remains some semblance of an economy to bail out after 6 years of depression. Greece is bust, t ...

Paul Mason Economics editor, for bbc.co.uk The language and the time zone changes but, from Turkey and Bulgaria to Brazil, the symbolism of protest is increasingly the same. The Guy Fawkes masks, the erection of tent camps, the gas masks and helmets improvised in response to the use of tear gas as a means of collective punishment. The handwritten signs - scrawled in defiance of the state's power and the uni ...