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Washington Frets as Beijing Steps Up Multilateral Initiatives

Source: TeleSUR English

“With friends like this, who needs enemies.”  This must be what Washington policymakers muttered to themselves following the decision of London, Paris, Rome, and Berlin to join a new development bank proposed by Beijing.

The anger in Washington most likely mounted when its main Pacific allies, Japan, Australia, and South Korea, also gave strong indications that they would join the bandwagon.  By the end of March, more than 35 countries are expected to be enlisted as founding members of the Asian Infrastructure Investment Bank (AIIB). read more

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Four reasons Quebec is on the streets fighting austerity

Source: Rabble.ca

Night demonstrations — a fixture in the 2012 Quebec student movement — were held on Tuesday in Montreal and Quebec City, and again on Friday in Montreal, with thousands filling the streets as well as hundreds of armoured police.

The mobilization against austerity measures was met by strong police reaction. On Thursday of the same week, the Quebec Liberal government tabled a budget “balanced” by large cuts to education, health care and other social services spending. read more