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Saudi Aramaco: Human Rights come second to profits

We hear a lot of talk from financial firms about environmental, social and governance investing (ESG). Yet Saudi Aramaco owned by the repressive Saudi government has issued one of the most successful bond deals ever. Saudi Aramaco was looking to raise $10 billion but got more than $100 billion in bids so ended up deciding … Continue reading

Yellow Jackets hit the streets of Paris

The French Yellow Vests (Mouvement des gilets jaunes) will be on the streets in Paris this Saturday. They will be marking the end of Macron’s fake “great debate” which they call the “big blah blah”. Saturday will also be a celebration of four months since the beginning of the movement. And what a four months … Continue reading

Yellow vests and unions team-up against Macron

Strikes and protests swept France on Tuesday as the grassroots gilet jaune (Yellow Vest) movement and trade ­unionists came together for the first time in significant numbers. The Yellow Vests have put tens of thousands of people onto the streets every Saturday for 12 weeks in a row. A movement that began over fuel prices has … Continue reading

Foodbank use likely to break all records this Christmas

Shamefully Foodbank use this Christmas is set to be the busiest on record, the Trussell Trust warns. The charity said that its 400 foodbanks are expected to be called upon to deliver more emergency food supplies over the Christmas period than ever before. Numbers are expected to be higher than last December, when the Trust … Continue reading

Benefits sanctions “pointlessly cruel” says new report

A report released on Tuesday condemned the Tory government’s benefit sanctions regime. The MPs’ Work and Pensions Committee said the human cost of sanctions, where benefits are withheld, is “simply too high” and “pointlessly cruel”. Benefit sanctions are penalties imposed on claimants who do not meet conditions such as attending job centre meetings. As well … Continue reading

Labour warned by Trade Unionists on Second Vote

Backing another referendum on European Union membership could “derail Labour’s chances more than any other campaign,” Trade Unionists Against the EU (TUAEU) has warned. On October 20 the Conservative Party conference opens in Birmingham and supporters of the misnamed “People’s Vote” will be on the streets in large numbers. Another Europe is Possible which supports … Continue reading

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