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Wednesday, May 16, 2012 20:21 GMT

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Public Funds Could Help Provide Water and Electricity, Researchers Say
By Johanna Treblin
UNITED NATIONS - For several decades, governments around the globe have turned to privatisation as the best option to help relieve the world's destitute by providing them with health care services, water and electricity. By and large, however, this effort has failed.
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Round One to Radical Left, Round Two to Europe?
Analysis by Apostolis Fotiadis
ATHENS - Kosmas Bitros (29) didn’t "believe in politics and in elections as a way of changing society". Still, he showed up at the ballot boxes for the first time last Sunday to cast a vote against austerity in the Greek national elections.
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Spain’s "Indignados" Take to the Streets Again
By Inés Benítez
MÁLAGA, Spain - A filthy vacant lot is now sprouting strawberries, tomatoes and carrots. This small community garden in the centre of the southern Spanish city of Málaga was created by the "Indignados" protest movement, which is celebrating its first anniversary Saturday by taking to the streets across the country.
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U.N. Warns of Social Fall-Out from Spain's Austerity Plan
By Gustavo Capdevila
GENEVA - An expert body of the United Nations has warned the Spanish government that the severe budget cutbacks it is applying must not undermine its commitment to upholding the economic, social and cultural rights of the country's people.
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OP-ED
Waiting for Copernicus
By John Feffer*
WASHINGTON - It's happening in Buenos Aires. It's happening in Paris and in Athens. It's even happening at the World Bank headquarters.
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Greek, French Elections Sound Death Knell for Austerity
By Julio Godoy
BERLIN - The voting out of conservative governments in France and Greece this weekend heralds the end of harsh European austerity programmes and ushers in an era of new economic, investment, and social policies aimed at restoring growth and employment across the continent.
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Central America Seeks to Buffer Effects of Crisis in Europe
By Danilo Valladares
GUATEMALA CITY - The economic crisis plaguing many countries in the European Union has forced Central America to look at preventive measures to mitigate the effects in this region, which could include a decline in tourism, migrant remittances, exports and investment.
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U.S.
Marches and Militancy at Occupy Oakland's May Day
By Judith Scherr
OAKLAND, California - It was May Day and Oakland was bathed in sunshine. Union workers staged militant actions; immigrants and allies marched for justice with brass bands and drummers; spontaneous street parties erupted.
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U.S. Workers, Students Reclaim May Day
By Haider Rizvi
NEW YORK - Tens of thousands of people took to the streets here and around the United States Tuesday calling for an end to what they described as the mounting and corrosive influence of money in politics.
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ILO Urges Worker-Friendly Recovery Policies
By Jim Lobe*
WASHINGTON - Although economic growth has resumed in much of the world since the 2008 financial crisis, the global unemployment situation remains alarming and could worsen, according to the International Labour Organisation (ILO).
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In Debt Debate, Most US Voters Prefer Tax Fairness to Cuts
By Matthew Cardinale
ATLANTA - A giant digital "clock" on Sixth Avenue in New York keeps track of a number, currently at 15.6 trillion dollars and counting. As the number soars ever higher into the stratosphere, so U.S. voters are increasingly concerned, for the number represents the debt of the United States.
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PORTUGAL
Legacy of Carnation Revolution Withers under Austerity Measures
By Mario Queiroz
LISBON - For the first time in 38 years, the former soldiers and officers who opened the doors to democracy in Portugal did not take part in the official celebration of the Carnation Revolution, which toppled Europe’s longest dictatorship in 1974.
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U.S.
Occupiers Confront Wells Fargo Shareholders
By Judith Scherr
SAN FRANCISCO, U.S. - More than 1,000 people took the Occupy Wall Street Movement message straight to the one percent Tuesday, most of them rallying outside the Wells Fargo stockholders meeting in the heart of San Francisco's financial district - and some 30 of them "mic-checking" inside the meeting.
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Banking panics, recession, loss of market value, deflation. Is the current financial crisis in any way comparable with the Great Depression of 1929? And more importantly, how is it affecting the weakest? IPS brings you worldwide coverage of the impacts of this crisis.