‘Capitalism a scam’ – South African trade union

Growing poverty, unemployment and equality around the world indicate capitalism is a scam and must be scrapped, Cosatu president Sidumo Dlamini said on Thursday.

“The world is looking for a way out,” Dlamini told delegates attending the sixth Presidential Council … Read the rest

Gay marriage wins final legislative approval in Washington state

(Reuters) – A bill to legalize gay marriage in Washington state won final legislative approval on Wednesday in a largely party-line vote that moved the state to the cusp of becoming the seventh in the nation to recognize same-sex nuptials.… Read the rest

Greek leaders agree to austerity measures

(Reuters) – Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default, government sources said, hours before the country’s financial backers were to meet in Brussels on Thursday.

Athens’ … Read the rest

Putin ‘has exhausted his potential’

Mikhail Gorbachev said Thursday that Prime Minister Vladimir Putin has “exhausted” his potential as Russia’s leader and his inability to change the Kremlin’s political system might prompt more massive anti-government protests.

Putin – who became prime minister after serving as … Read the rest

South African Mineworkers Union issues communist-style call for nationalisation

Yesterday NUMSA, the National Mineworkers Union of South Africa, issued a document replete with Marxist references to the class struggle, calling for the nationalisation of mines in South Africa. It based its policy position on two fundamental ANC documents: the … Read the rest

Hackers publish German military secrets

Hackers from the group Anonymous said Wednesday they had accessed classified German files and posted them online, revealing details of the country’s military operations in Afghanistan.

Anonymous said it obtained the data from a server at the Bundestag or German … Read the rest

Banks make millions out of breaking metals storage rules

LONDON, Feb 6 (Reuters) – Banks and trading houses have found a way to beat the ravages of economic downturn, storing millions of tonnes of metal with a business model that outsmarts new rules put in place following widespread concern … Read the rest

Glencore and Xstrata agree $90 billion merger

(Reuters) – Glencore and Xstrata agreed an all-share merger worth $90 billion (56 billion pounds) on Tuesday in the industry’s largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.

Glencore, the world’s largest diversified commodities trading house, … Read the rest

Eugene Terre’Blanche trial continues

Argument in a trial within the trial of two people accused of killing rightwing leader Eugene Terre’Blanche will be heard on Tuesday.

The High Court sitting in Ventersdorp would then decide on the validity of information gathered from the two … Read the rest

South African male nurse raped cancer patient

A male nurse who allegedly raped a terminally ill cancer patient in a Bloemfontein hospital will appear in the city’s magistrate court on Tuesday.

Last month, the Bloemfontein Magistrate’s Court postponed the matter for a final decision from the provincial … Read the rest