Capitalism

24/01/25
Author: 
Farooq Tariq
IMF out of Pakistan

Jan. 24, 2025

On 11th December 2024, while replying to a question in Pakistan’s National Assembly, the federal finance minister admitted for the first time that since 2019, and while under an International Monetary Fund (IMF) programme, gas prices increased by a record 840% and electricity tariffs rose by over 110%.

24/01/25
Author: 
The Canadian Press
Four Canadian banks have joined several U.S. banks in pulling out of a global alliance that supports efforts to align lending, investment and other financial activities with the goal of achieving net-zero greenhouse gas emissions by 2050. A person makes their way past a Toronto-Dominion Bank branch in Toronto, Monday, Aug. 14, 2023. (Spencer Colby/The Canadian Press)

Jan. 18, 2025

Banks say they can go it alone to help the push toward achieving net-zero emissions

Four of Canada's biggest banks have left the UN-backed Net-Zero Banking Alliance that aims to accelerate climate action among financial institutions.

Banks including BMO, National Bank, TD Bank Group and CIBC confirmed Friday they were no longer members.

24/01/25
Author: 
Kai Nagata
Donald Trump’s billionaire backers plan LNG boom in Canada

Jan. 22, 2025

B.C. terminals key to the U.S. gas industry’s battle against renewable energy

Wall Street investment firms are betting on LNG projects in Canada as part of the “Unleashing American Energy” strategy, unveiled this week by President Donald Trump.

“We will drill, baby drill,” Trump declared to a standing ovation at his inauguration ceremony, signaling the MAGA movement’s plan to flood world markets with North American oil and gas.

21/01/25
Author: 
Jen St. Denis
BC Conservative campaign spokesperson Anthony Koch posted a photo Monday from the Canadian Embassy in Washington with Liz Truss, who lasted 49 days as the British prime minister. Party president Aisha Estey posted from Washington with the comment ‘Make Canada Great Again.’ Photos via X.

Jan. 21, 2025

Canadian right-wing figures were in Washington as the threat of a brutal trade war hangs over the country.

20/01/25
Climate Change is a Class Issue - video

Jan. 19, 2025

 

The Leo Panitch School for Socialist Education is honoured to host Sarah Glynn and John Clarke to launch their book Climate Change is a Class Issue.

19/01/25
Author: 
Primary Author: Compiled by Gaye Taylor
Jasper wildfire, Laura Durno/Twitter

Jan. 15, 2025

Canada’s insurance sector is raising alarms about the potential for the country to become “uninsurable” by 2035 due to insufficient policy action on escalating climate disasters. Meanwhile, a former California insurance official has criticized the industry for underwriting the very fossil fuel projects that worsen the climate crisis.

16/01/25
Author: 
Peter Boyle
Climate Change is a Class Issue - book cover

Nov. 29, 2024 

Climate Change is a Class Issue
By Sarah Glynn and John Clarke
2024
68pp, RRP $25.95
Free e-book available from climateandclass.net

This small book has already earned big praise from British socialist filmmaker Ken Loach, who described it as “vital”.

15/01/25
Author: 
Ellen Brown
https://popularresistance.org/beating-wall-street-at-its-own-game-the-bank-of-north-dakota-model/

Jan. 13, 2025

North Dakota is staunchly conservative, having voted Republican in every presidential election since Lyndon Johnson in 1964. So how is it that the state boasts the only state-owned bank in the nation? Has it secretly gone socialist?

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