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Trade-Exchange Rates

  • US Pensions: Capitalist Disaster
    9 January 2006 par (Open-Publishing)
    1 comment

    by Rick Wolff
    The US pension systems for workers are now widespread disasters. Many corporations and many cities and states lack the money to pay all the benefits they have promised and legally owe to present and future retirees. Estimates of the shortfall range around $450 billion in the private sector plus at least another $300 billion in the public sector. Retired workers with lost or reduced pensions suffer extra strain on family and household finances. Millions now working expect (…)

  • International Campaign for the Immediate Release of WTO Political Prisoners
    7 January 2006 par (Open-Publishing)

    (Sponsoring organizations: Korean Struggle Mission---Korean Confederation of Trade Unions, Korean Peasants League, and Korean Catholic Farmers Association---Hong Kong Confederation of Trade Unions, Hong Kong People’s Alliance, and Via Campesina)
    Background
    During the 6th World Trade Organization Ministerial Conference that was held in Hong Kong from December 13 to 18, 2005, thousands of participants representing trade unions and labor rights groups, peasant’s, civil society, migrant (…)

  • Programmed To Be Shallow?
    4 January 2006 par (Open-Publishing)
    1 comment

    by Wayne Besen Giving new meaning to a pyramid scheme, a recent New York Times article discussed how the pharmaceutical industry hires college cheerleaders as its drug representatives. "They don’t ask what the major is," T. Lynn Williamson, a cheering advisor for University of Kentucky, said of the drug companies who turn to the school to find pompom pill pushers. Of course, the pharmaceutical giants would have us believe it’s coincidental that their reps look like runway models. (…)

  • Chad angry at World Bank over oil
    1 January 2006 par (Open-Publishing)
    1 comment

    Chad has reacted angrily to warnings from the World Bank, after its parliament voted to relax controls on the use of its oil revenues.
    The government has accused the World Bank of acting like a coloniser.
    The body lent Chad more than $39m (£23m) to build a pipeline with an estimated total cost of almost $4bn.
    It was on condition that Chad’s churches, trade unions and non-governmental organisations monitored how oil revenues were spent.
    This was meant to guaranteed that oil money was (…)

  • Coca-Cola Faces Mounting Pressure over Abusive Practices at Plants Worldwide
    22 December 2005 par (Open-Publishing)

    by Haider Rizvi
    NEW YORK, (OneWorld) - Coca-Cola, the multinational soft drink giant, is facing the wrath of rights advocacy groups here in the United States and abroad for refusing to take responsibility for abusive practices at its bottling plants.
    While a number of universities and colleges in the United States have already banned the sale of Coke products on their campuses, mounting pressure from student bodies throughout Europe is pushing hundreds of schools to terminate their (…)

  • $8 Billion in Bonuses awarded to Defense Contractors, "regardless of performance"
    20 December 2005 par (Open-Publishing)
    1 comment

    The Defense Department paid contractors $8 billion over five years in bonuses on weapons programs that were often dogged by severe cost overruns, performance problems and delays, the Government Accountability Office said.
    The agency, an independent auditor for Congress, reviewed 93 of 597 military contracts in force between 1999 and 2004 that included the possibility of a bonus. Contractors on average were awarded about 90 percent of the bonus money available, the agency said in the draft (…)

  • news blocked in web search engines?
    10 December 2005 par (Open-Publishing)
    4 comments

    Have you noticed that if you do a web search for Walmart Video on Google, all you get is news about renting video’s from Walmart?
    There must be a way to get these engines to be picking up the 6000 showings of the "Walmart Video" as part of these searches. I’ve seen reference to showings in the brief descriptions of some entries. But I’ve been trying for 10 minutes using Google to bring up the webpage of the group that is promoting and selling that video.
    I wonder if there is some (…)

  • The New Cooperative Movement in Venezuela’s Bolivarian Process
    9 December 2005 par (Open-Publishing)
    1 comment

    By Camila Piñeiro Harnecker
    I arrived in Caracas in July 2005 with a few contacts at different cooperatives, anxious about how I would sort through the more than 70,000 cooperatives that the Superintendencia Nacional de Cooperativas (National Superintendence of Cooperatives — SUNACOOP) had referred to in its recent press statements. Indeed, I found cooperatives everywhere. Between one night and the next morning, I stumbled on cooperatives in some rather unexpected places: a group of (…)

  • Argentina and Venezuela agree on regional alliance and trade
    3 December 2005 par (Open-Publishing)
    1 comment

    Venezuela and Argentina signed Monday in Puerto Ordaz several bilateral accords which lock the two countries into a tight strategic alliance targeted at converting Mercosur into the clear alternative to any trade agreement involving the hemisphere.
    Argentine president Nestor Kirchner hailed the occasion as “historic” and “unprecedented” and said the “bilateral relation has given a qualitative forward leap and I leave Venezuela absolutely gratified”.
    The one day talks with President Hugo (…)

  • World Interest Banking System is the FRAUD that drives TERRORISM, WAR, and POVERTY
    23 November 2005 par (Open-Publishing)
    9 comments

    It is interesting to note, that especially in the 20th and now the 21st century that the business of banking is the LARGEST and MOST powerful business in the world, claiming secretly ownership of most of the worlds resources, lands, labor forces, and markets. It is interesting because the financial news is full of information about such mind control topics about price of stocks, housing, labor, and a number of other so-called economic factors. But in a system that affects us all it has not (…)