440

Selling nationalism to rip off workers

BY TRISHA REIMERS Big Kev is excited — and he should be, because he's discovered that, just like sex, nationalism sells (in his case, sells cleaning products). Big Kev is just another Aussie capitalist who's telling workers that they should

Networker: Napster

Napster The new buzz word of the internet is P2P. This stands for peer-to-peer, and refers to the swapping of information between two people connected to the internet via their personal computers. P2P follows B2C (business to

The plays

The financial markets comprise many interlocking markets in different financial instruments. These are the basic ones: Shares: A share is a tradeable certificate of part-ownership of a company listed on a stock exchange. A shareholder owns a part

GLAM comes out at Mardi Gras

BY ZANNY BEGG SYDNEY — Fred Nile's prayers for rain may have been answered but his prayers to halt this year's Mardi Gras were not. Between 400,000 and 500,000 people lined Oxford Street to watch the annual Gay and Lesbian Mardi Gras parade.

Resistance in action

Resistance high school students' magazine focuses on M1 DARWIN — Following a successful first edition of Student Underground, which contained news on local International Women's Day events and East Timor solidarity, Resistance members here are

'Solutions, not persecution' for sex workers

BY SEAN WALSH MELBOURNE — The Port Phillip Action Group got more than they bargained for on February 25, when its "Resident Street Walk Against Street Prostitution and Drugs" through the streets of seaside St Kilda was met with 50

KENYA: Another challenge to drug monopolies

BY NORM DIXON Following the lead of Brazil and South Africa, Kenya announced on March 6 that it plans to relax its patent laws to enable its population to buy cheaper drugs to fight HIV/AIDS. Health minister Sam Ongeri said he would introduce a

'Opportunity cost'

$1.2 billion: One day's trading on the Australian Stock Exchange. $1 billion: The amount needed to restore public funding of higher education in Australia to pre-1990 levels. US$35.5 billion: One day's trading on the New York Stock Exchange.

May 1 strike launched at Tasmania Uni

BY BEA BREAR HOBART — Activists on the University of Tasmania's Hobart campus launched their campaign to encourage students to participate in the May 1 strike against corporate tyranny at a media conference here on March 8, announcing that they

SOUTH AFRICA: 'Every day of delay costs lives'

BY DR COSTA GAZI [The following statement was written on behalf of the AIDS Babies Battling AIDS (ABBA) Trust by Dr Costa Gazi, the outspoken critic of South Africa's African National Congress government's policy of refusing to supply

KOREA: Daewoo struggle seeks international support

BY IGGY KIM PARIS — A delegation from the Daewoo Workers' Joint Struggle Committee arrived here on February 23 to internationalise their current struggle against the bankrupt South Korean automobile manufacturer. The delegation is made up of Yu

The players

The real power in global financial markets rests with "institutional investors", the professional speculators: Commercial banks: The traditional big boys of the financial world, commercial banks' basic business is retail: to pay depositors less