After two days of intercourse in Washington between Israeli and Palestinian negotiators, US Secretary of State John Kerry emerged like a benevolent matchmaker satisfied that his efforts at brokering a marriage of sorts had at last borne fruit.
Kerry announced that the Israeli and Palestinian negotiating teams had agreed to begin (once again) earnest talks to deliver on a final peace settlement that would deal with all outstanding “final status issues”. Continue reading →
The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally. In Cyprus, the depositors were “bailed in” (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks.
Earlier this week, Andrew Pollack reported in the New York Times that biotech companies like Monsanto, Dupont and Dow Chemical announced through an industry association that they would be more transparent with the public about the chemicals and genetically modified seeds they sell. According to Cathleen Enright, executive vice president at the Council for Biotechnology Information (BIO), “We have not done a very good job communicating about GMOs. We want to get into the conversation.”
Amid the precarious jobs market in the US, a group of workers in one Chicago factory have taken matters into their own hands. When faced with losing their jobs they decided to take the business over from the bosses.Al Jazeera’s John Hendren reports from the factory in Chicago.
Dave Welch is a retired letter carrier, delegate to the San Francisco Labor Council and organizer with Save the People’s Post Office, a community and labor coalition fighting to stop the closure of the main post office in Berkeley, Calif., where a “direct defense” of the city’s historic facility has been underway since July 27. Here, he reports on actions across the U.S. to stop the closing of post offices and layoffs of postal workers.