People's Democracy(Weekly Organ of the Communist Party of India (Marxist) |
Vol.
XXIX
No. 24 June 12, 2005 |
on
file
THE
shareholder group, led by New York City Comptroller William Thompson Jr,
controls 545.8-million dollars of Wal-Mart shares. It cited the retailer’s
11-million dollars settlement in March regarding its use of illegal immigrants
to clean stores, the company’s settlement of 24 violations of child labour
laws and the investigation into former vice-chairman Mr Tom Coughlin for the
alleged misuse of expenses, gift cards and invoices.
---
Business Line,
June 4
LEFTWING
politicians and intellectuals attending a conference on terrorism in Cuba
accused the US government of harbouring a Cuban exile blamed for the bombing of
an airliner in 1976.
They
said the Bush administration had a double standard in its post-9/11 war on
terror because it refused to extradite former CIA operative Luis Posada Carriles
to Venezuela to stand trial for the downing of a Cuban plane that killed 73
people.
Yesterday’s
meeting, headed by Cuban president Fidel Castro at Havana’s convention centre,
was called to press for Posada’s extradition by the United States, where he
was arrested last month for illegal entry while seeking asylum.
Not
extraditing him to Venezuela would be an act of great hypocrisy by the US
government and president George W Bush.
---
National Herald, June 4
THERE
is a chance that imported products like sweet corn, corn blends, soy nuggets,
soy granules, tofu, soy drinks, soymilk and others that have flooded the market
could have been made from genetically modified (GM) maize/corn and soya. There
is no way to know this as India does not insist on labelling for GM foods, nor
has it a proper regulatory system in place for screening such imported products.
There
has been widespread concern following recent reports that rats fed on a diet
rich in genetically modified maize developed organ abnormalities and changes in
their blood profile.
Data
on the collapse of the immune system and organ abnormalities in rats fed with GM
maize (MON 863) have been leaked from secret research carried out by the
American multinational food giant, Monsanto. The study is reported to have shown
that rats fed on normal maize were healthy. Despite requests from several
official quarters, the multinational company is said to have declined to make
its 1139-page report public, stating that it "contains confidential
business information which could be of commercial use to our companies."
---
The Hindu, June 4
THE
US government is running an “archipelago” of prisons around the world, many
of them secret camps into which people are being “literally disappeared,” a
top Amnesty International officials said on Sunday (June 5).
AI executive director William Schulz criticised the administration of US
president George W Bush for holding alleged opponents in “indefinite
incommunicado detention” without access to lawyers, in an interview with Fox
News on Sunday.
---
AFP, June 5
THE
people at the top of America’s money pyramid have so prospered in recent years
that they have pulled far ahead of the rest of the population, an analysis of
tax records and other government data by The
New York Times shows. They have even left behind people making hundreds of
thousands of dollars a year. Call them the hyper-rich.
They
are not just a few Croesus-like rarities. Draw a line under the top 0.1 per cent
of income earners --- the top 1000th. Above that line are about 145,000
taxpayers, each with at least 1.6 million dollars in income and often much more.
The
average income for the top 0.1 per cent was 3 million dollars in 2002, the
latest year for which averages are available. That number is two and a half
times the 1.2 million dollars, adjusted for inflation, that group reported in
1980. No other income group rose nearly as fast.
The
share of the nation’s income earned by those in this uppermost category has
more than doubled since 1980, to 7.4 per cent in 2002. The share of income
earned by the rest of the top 10 per cent rose for less, and the share earned by
the bottom 90 per cent fell.
---
New York Times, June 5