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Loose Cannons

Adverse financial conditions 聯The financial market crisis that erupted in August 2007 has developed into the largest financial shock since the Great Depression聟 Adverse financial conditions are likely to have a continuing negative impact on activity in the United States聟 The United States remains plagued by profound errors in risk management.聰 聴 From the International Monetary Fund聮s latest World Economic Outlook survey, released April 9.

Zimbabwe: Mass mobilisation can defeat Mugabe

Below is abridged from an April 11 statement by the Zimbabwean International Socialist Organization (ISO). A much longer version can be read at http://links.org.au.

Boeing workers strike against unionist\'s sacking

On April 9, some 700 workers employed at the Port Melbourne-based Boeing subsidiary Hawker de Havilland went on strike. They were protesting against the company聮s April 7 sacking of an Australian Manufacturing Workers Union (AMWU) member without going through the agreed dispute-settlement procedure. The HDH plant makes parts for Boeing聮s new 787 airliner.

Behind the US war on Venezuela

Bush vs Chavez 聴 Washington聮s war on Venezuela
By Eva Golinger
Monthly Review Press, 2008
$26.00 (pb), available at <http://www.resistancebooks.com>

Ruth Coleman: last of a generation

Ruth Coleman, veteran ALP senator and feisty leftist died peacefully of cancer in her home in Bassendean, Perth, on March 27. She was the last of a generation of left-wing ALP members whose example shames the current neoliberal crop of Laborites.

The hidden fist that guides the market

The Secret History of the American Empire: Economic Hit Men, Jackals, & the truth about Global Corruption
By John Perkins
Dutton Books, 2007
384 pages, $55 (hb)

Why did the 'Man of Steel' get scrapped?

聭Exit Right: The Unravelling of John Howard聮
By Judith Brett
Quarterly Essay, Issue 28, 2007
Black Inc. $15.95 (pb)

Nepal: Left wins big victory

The Nepalese left has stunned the world yet again. The Communist Party of Nepal-Maoist (CPN-M), a US-designated 鈥渢errorist鈥 outfit, won a landslide victory in April 9 general elections.

A great step forward in Nepal

The Communist Party of Nepal-Maoist (CPN-M) victory in the constituent assembly elections held on April 10 is a great step forward for the forces of the left in the region and internationally. The masses voted for those with no experience of elections but with full experience of fighting for basic rights.