Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/693/13128

From The Socialist newspaper, 9 November 2011

News in brief


Bonus bonanza

RBS, the bank that became synonymous with greedy speculative bankers (Fred 'the shred' Goodwin), huge corporate losses and publicly funded bailouts, has once again rewarded its top investment bankers with a 500 million pay and bonus pot. This sum works out at one million pounds for each fat cat and comes on top of a similar payout last year when RBS recorded a 1.1 billion loss.

It's heart-warming that the bank has sensitively shown its appreciation of a bottomless public purse in these hard times!


No legacy

Back in July, Olympic officials and tourism chiefs were boasting that the multi-billion pound London 2012 Olympic games would be a major boost for the tourism industry.

However, the European Tourism Operators Association expects a 30% fall in visitors in the month before the games, and this decline possibly lasting months or years.

But there are some winners, most notably sponsors like BP, recently granted a government licence for deepwater drilling operations in the North Sea, and EDF, which has just ramped up its gas and electricity prices by an average of 10%.


Fracking crazy

The environmentally dangerous 'fracking' method of energy companies to extract gas deposits from underground shale rock, has not stopped the Scottish Environmental Protection Agency from granting licences to energy companies to use this method in Scotland.

It comes only days after an independent report concluded that two earthquakes in the Blackpool area in April and May were almost certainly caused by fracking, and that drilling the well by Cuadrilla Resources had resulted in a further 48 smaller tremors this year.

Moreover, the state of Oklahoma in the USA is investigating whether a 20-fold+ jump in the number of earthquakes in the past two years is connected to an increase in fracking there.

According to a seismologist at the Oklahoma Geological Survey the number of earthquakes recorded in the state soared from its average of about 50 a year to 1,047 last year and is likely to match or break that record this year.


Friends like this

The Israeli state is notorious for recently brutalising peaceful Gaza freedom flotilla protesters, sanctioning new settler land grabs in the Palestinian West Bank, and impoverishing its population. And now the Israeli ambassador to the UN has been seen cosying-up to extreme far-right politicians.

Ron Prosor, the Israeli diplomat, was pictured chatting to Marine Le Pen the leader of France's racist National Front (FN) party. Le Pen described their conversation as "warm".

Most Israelis will be appalled by this. After all Marine's father and former leader of the FN, Jean-Marie Le Pen, said that the Nazi gas chambers were merely a "point of detail of the history of the Second World War".

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 9 November 2011:


Fighting the cuts

Build for 30 Nov strike - The fight of all our lives!


Socialist Party event

Socialism 2011: Crucial preparation for the fightback


Socialist Party youth and students

Jarrow march ends, fightback continues

We won't pay 9K! - Scrap tuition fees


Socialist Party workplace news

Unison members say YES to strike

Southampton: Sink Tory cuts!

Bombardier protest against job losses

Workplace news in brief


Socialist history

1935 - when angry Welsh protests forced a government u-turn

1915 - How strikes and rent strikes won gains for Scottish tenants


International socialist news and analysis

Failed G20 summit takes eurozone nearer to the abyss

Greek workers must resist the dictatorship of finance capital

Socialist MEP among Gaza peace activists kidnapped by IDF

Israel: General strike over job security


Socialist Party news and analysis

Housing slump

Miliband the militant? No way!

News in brief


 

Home   |   The Socialist 9 November 2011   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Gas:

triangleGMB union should support anti-fracking campaigners in Fylde

triangleToxic fracking could start in England in 2017

triangleBangladesh: 'Hartal' protest against destructive power plant

triangleEnergy bill hikes con: nationalise them now!

triangleThe Socialist inbox

State:

triangle"Austerity hurts and the only alternative is socialism"

triangleTrump regime faces deepening crisis

triangleCapitalism condemned

triangleTurkey: constitutional referendum result a pyrrhic victory for Erdogan

Bankers:

triangleCampaign launch: "rip-off bosses and greedy bankers - enough is enough!"

triangleTop banks post 67% of profits in tax havens - nationalise the banks!

triangleWhy I joined: "In those 16 pages of the Socialist I found more sense and integrity than in the mainstream media"

Energy:

triangleCorbyn's manifesto: An important step in the right direction

triangleTories out! Corbyn can win with socialist policies

RBS:

triangleFinancial hardship facing millions of cancer sufferers

Olympic Games:

triangleBarcelona 1936: the people's Olympics

Gaza:

trianglePalestinian prisoners on mass hunger strike protest

News and socialist analysis

News and socialist analysis

21/6/17

Trade unions

The have-yachts and the have-nots

21/6/17

Education

Open University facing huge cuts

21/6/17

Inflation

Inflation: Workers lose out - time for action

21/6/17

NHS

Kick out the Tories to save the NHS!

21/6/17

Protest

The Queen's Speech; and defending the right to protest

20/6/17

Socialist

Whole establishment exposed for role in Grenfell fire

20/6/17

Brexit

Tories and May stagger on amid crisis - get them out!

19/6/17

Racism

Finsbury Park attack: No to terror, racism, war and austerity!

14/6/17

Northern Ireland

Northern Ireland: DUP propping up the Tories

14/6/17

London

Massive failings led to Grenfell Tower fire - Rapid, fully funded action now

14/6/17

Scotland

Scotland - SNP loses but Labour could've won more

14/6/17

Bonuses

City bosses' 40m bonuses as Number of food banks hits 2,000

14/6/17

Low-paid

Low-paid work till lunch to make rent

14/6/17

Trump

Corbyn surge beats Trump

14/6/17

Young workers

Young workers in unions earn 20% more

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle21 Jun Justice for Grenfell and safety for all

triangle21 Jun Cabin crew calls two-week walkout over blacklisting accusations

triangle21 Jun Anger and grief on moving Grenfell marches

triangle21 Jun The Queen's Speech; and defending the right to protest

triangle20 Jun Whole establishment exposed for role in Grenfell fire

triangle20 Jun Tories and May stagger on amid crisis - get them out!

triangle19 Jun Finsbury Park attack: No to terror, racism, war and austerity!

More ...

triangle24 Jun Tamil Solidarity Day

triangle25 Jun East Midlands Socialist Party: Rebellion - Then and Now

triangle1 Jul London: Tories Out national demonstration

triangle3 Jul West Cheshire Socialist Party: Prepare for the next steps towards JC4PM

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice