Showing posts from March 8, 2016

Iran billionaire Babak Zanjani sentenced to death

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[With the sanctions dropped, this court sentence reeks of US-UK geopolitics. *RON*]

BBC News, 6 March 2016
Billionaire Iranian businessman Babak Zanjani has been sentenced to death for corruption, justice officials say.

He was arrested in December 2013 after accusations that he withheld billions in oil revenue channelled through his companies. He denies the allegations.

Zanjani, 42, was convicted of fraud and economic crimes, a judiciary spokesperson said at a press briefing.

One of Iran's richest men, Zanjani was blacklisted by the US and EU for helping Iran evade oil sanctions.

Two others were sentenced to death along with him and all were ordered to repay embezzled funds. The ruling can be appealed.

In a separate development, a cargo of Iranian crude oil arrived at a Spanish refinery in San Roque on Sunday, the first delivery to an EU state since sanctions were lifted.

Murrumu: one man's mission to create a sovereign Indigenous country inside Australia

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[Go, Murrumu, Go! :-) In 2014 the former press gallery journalist officially 'quit' Australia to form his own nation in Queensland. Almost two years later he is the Yidindji foreign minister, and it’s clear he’s doing much more than making a symbolic point. *RON*]
Paul Daley, The Guardian, 6 March 2016
It’s not easy being a foreign affairs and trade minister when travelling overseas from the country most of us know as Australia is as complicated as it has become for Murrumu Walubara Yidindji.

There's a 'gathering storm' in the global economy, and central banks are running out of options

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["...growing concern over the dwindling options for policy support in the face of the weakening growth outlook." The financialization of the economy is failing us and it seems there is nothing to be done. If you read to the end, negative interest rates aren't working either. Despite all this there is no evidence of anyone noting that the plutocratic Emperor has no clothes. *RON*]
Lianna Brinded, Business Insider, 7 March 2016

The Bank for International Settlements — known as the central banks' central bank — is warning that there's a "gathering storm" in the global economy, in part caused by governments around the world running out of monetary-policy options.

In two separate notes published Sunday, BIS economists highlighted the fragile global economic backdrop and said negative interest rates could become a reality for many more countries as central banks search for ways to stoke real growth and battle issues like …

Ottawa’s campaign against income inequality faces some hard limits

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[They are making some good policy changes, but this is a VERY different tune from the promises that got them elected: "And if the dream of a constantly rising living standard for the middle class no longer holds, then a government’s job is to search for more creative ways to make whatever new reality emerges less arbitrary, or at least less unpleasant." *RON*]
By Christopher Flavelle,, 7 March 2016
On a recent snowy afternoon in Ottawa, Jean-Yves Duclos sat in his as-yet-undecorated office overlooking Canada’s Parliament, reflecting on the limits of government. Until last fall, Duclos was an economics professor specializing in the use of public policy to reduce inequality. In November, he became the country’s minister of families, children and social development; his new job is to execute some of what he previously theorized about. But very, very carefully.

“Trade, globalization, technology — all of that has over the last de…

Trump gives supporters permission to be violent with protesters

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Raw Story, 4 March 2016.

International Women's Day: Celebrations highlight how much further we have to go

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['What a Muslim woman wears still generates such furious, divisive debate,' guest columnist says. And, I might add, the issue of missing and murdered Aboriginal women is not exactly a burning platform in the Canadian feminist community. But celebrate the day, definitely!  How many Canadians even know who The Famous Five are? See also: Study highlighting large and growing gender income gap makes grim reading on International Women's Day, and Canadian universities dragging heels on sexual assault policies. *RON*]

By Nakita Valerio, CBC News 8 March 2016

Today, March 8, is International Women's Day (IWD), and many Canadians are celebrating what we believe to be achievements made by women, and the gains made for gender equality, in our country.

It is also a moment for us to remember heroines like the Famous Five Alberta women, whose petition to the Supreme Court of Canada led to women being legally considered "persons." How…