Capital refuses to relent as India struggles for funds

British energy company Cairn is set to become the latest in a long list of predatory institutions that drain the Indian people of their resources for profit. A long-running corporate tax case concluded that the Indian government must pay Cairn $1.2 billion in damages after it broke the 2014 UK-India bilateral investment treaty by claiming Cairn’s 10% stake in its Indian subsidiary.

737 crash in Indonesia: capitalism is culpable

A Boeing 737 flying with Sriwijaya Air downed in the Java Sea carrying over 60 people, just four minutes after takeoff from Indonesia’s capital Jakarta on Saturday (9 January 2021). The plane lost 10,000 feet of altitude in less than a minute, flight tracking data shows. The Indonesian Navy initially mobilised for a large scale search for the plane, but locals were already pulling wreckage from the sea where the plane downed.

Ceasefire in Artsakh called as imperialist powers encircle

The latest bloody flare-up in the Nagorno-Karabakh conflict came to a tentative end last week, with a decisive victory for Azerbaijan. In 6 short weeks the aggressors have managed to claw back cities and territory had been under de-facto Armenian rule since the fall of the Soviet Union. Huge concessions have been made by the Armenian government, and the independent Artsakh republic has all but been handed over to the Azeris in a Russia-brokered peace deal which will have huge consequences for the balance of power in the region.