They’re all part of the anti-labeling PR team that will soon unleash a massive advertising and PR campaign in California, designed to scare voters into rejecting the California Right to Know Genetically Engineered Food Act.
Link: http://wsws.org/articles/2012/may2012/unem-m31.shtml
Next month, another 70,000 US workers will be cut off of unemployment benefits weeks earlier than would have been the case had President Obama and Congress not reduced the duration of extended jobless pay. The early loss of benefits in June will come on top of early cutoffs for more than 200,000 workers two weeks ago as a result of the anti-working class bill brokered by the White House in February.
Link: http://wsws.org/articles/2012/may2012/assa-m31.shtml
At the UK Supreme Court in London, Wednesday, WikiLeaks founder Julian Assange lost his appeal against extradition to Sweden. The judges ruled by a majority of five to two that the extradition request had been “lawfully made”. Assange is challenging the extradition, which is based on contested allegations of sexual assault made by two women in August 2010.
Link: http://wsws.org/articles/2012/may2012/euro-m31.shtml
Fears that the euro zone is nearing breakup sent panicked investors to safe haven assets Wednesday, driving the yields on US government debt to their lowest levels since 1946. Investors fled from Spanish and Italian bonds after the European Central Bank made clear that it would now allow Spain to tap its financing to recapitalize Bankia, the country's fourth-largest bank, which last week requested a €19 billion bailout from the Spanish government.
Link: http://bellaciao.org/en/spip.php?article21959
In the recent elections on May 6, Greek voters sanctioned the coalition forces which had applied austerity plans and surrendered to the dictates of the Troika (the IMF, the ECB and the European Commission). New Democracy and the PASOK (Pan-Hellenic Socialist Movement) have thus paid the price of their total submission to Greece’s creditors. The far right party, LAOS, a member of the coalition previously in power, has practically disappeared from the political scene.