Posts Tagged ‘World Cup’


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187NFW.AuSt.79 Greek Ruined Crisis


The storm clouds on the horizon continue to gather. Economic growth, in the United States and around the world, continues to slow (or, in the case of Europe, to rise barely above zero).

According to Juan Antolin Diaz’s models,

the probability that the economy is now in a state of strong expansion has dropped from 70 per cent in December 2014 to under 40 per cent now. Over the same period, the probability that the economy is in recession has risen from zero to 14 per cent – still low, but not entirely negligible.

So much for capitalism’s much-vaunted recovery. . .


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wuc150224-1160 mike3march

Chart of the day

Posted: 29 July 2014 in Uncategorized
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This is how labor is being organized in building projects for the 2022 World Cup Finals scheduled for Qatar.

Migrant workers who built luxury offices used by Qatar’s 2022 football World Cup organisers have told the Guardian they have not been paid for more than a year and are now working illegally from cockroach-infested lodgings. . .

By the end of this year, several hundred thousand extra migrant workers from some of the world’s poorest countries are scheduled to have travelled to Qatar to build World Cup facilities and infrastructure. The acceleration in the building programme comes amid international concern over a rising death toll among migrant workers and the use of forced labour.

“We don’t know how much they are spending on the World Cup, but we just need our salary,” said one worker who had lost a year’s pay on the project. “We were working, but not getting the salary. The government, the company: just provide the money.”

Citigroup and Justice

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150861_600 fracking-export-cove-point-cartoon

Cartoon of the day

Posted: 13 July 2014 in Uncategorized
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