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Chavez nationalises Banco de Venezuela

President Hugo Chavez has made a great leap towards increasing democratic control over the economy by nationalising Venezuela's third-largest bank. The government took over Banco de Venezuela after agreeing to pay Spanish privateer Grupo Santander more than $1 billion (£612m) for its subsidiary.

COMMENTARY On racism, Supreme Court rules for status quo

The recent U.S. Supreme Court ruling on the New Haven firefighters is not a reason to keep Judge Sonia Sotomayor off the court as some on the right are pushing, but rather it shows how urgent it is that she be confirmed.

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New York Pride

The demand for full marriage rights was a major theme at the June 28 Gay Pride Parade in New York.

OPINION Lets break mayor-corporate lock on citys schools

NEW YORK — At 12:01 this morning, the law that enshrined mayoral control of New York City’s public schools formally expired, as the state Senate remained paralyzed by crisis. The city’s old Board of Education was automatically resurrected, as were 32 community school boards, whose members are to be elected.

Central Asia union support Employee Free Choice Act

Leaders of the global union for skills and services, (UNI) affiliates in Kyrgyzstan together with the UNI Moscow delivered a letter to the Ambassador of the USA to the Kyrgyz Republic in support of Free Choice Act.

Brazil frees 28,000 from slave labor

More than 28,000 Brazilians have been rescued from conditions of modern slavery since 2003, according to figures of the Department of Work Inspection (STI) of the Ministry of Work and Employment, informed sources here. Detection and rescue of Brazilians from this degrading form of work is the task of the Special Mobile Legal Group of STI, and statistics point to farm and agricultural activities as top perpetrators of this kind of labor force.

Queer parade defies anachronistic Indian law

'Not all females are women,' reads a poster emblazoned in red. 'I am the pink sheep of my family!' is the message on another, while a third, very cheekily proclaims, 'I don’t give a f***, I am a greedy bisexual'! New Delhi’s second Queer Pride parade was flamboyant, riveting and raucous - a medley of rainbow hues, music, and in-your-face attitudes that infused an infectious energy and verve to a sultry, simmering Sunday evening.

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Book review: Can capitalism last?

Rubin’s book examines the main aspects of Marxism and shows how critical they are to the struggles for progress we witness every day. His book manages to cover all the major aspects of Marxism in a 196-page volume along with updating some concepts. He manages to take the fundamentals of Marxism, build upon them and apply the methodology to the new developments of our day.

Colombian paramilitaries serve Chavez opposition

Venezuelan President Hugo Chávez asserted June 21 that the governments of Táchira and Zulia, states bordering on Colombia, now rely upon Colombian paramilitaries to promote destabilization. Both governments are in the hands of Chávez political opponents whom the president regularly characterizes as “fascist.” A separatist movement has materialized in both places.

Financial crisis unprecedented since 1930s

Since the Great Depression of the 1930s, there have been more than 100 crises worldwide, says the secretary-general of the U.N. Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi. But many are saying the current global financial crisis is something 'the likes of which we have not seen for 70 years or more.'

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