REVIEW: THE AUDIT (OR ICELAND, A MODERN MYTH)

by Hannah Rose

On the 1st January 2008, a young woman called Eva walked along the promenade in Reykjavik with her grandfather. The sun barely saw the day as the rain came lashing in. It was the day that banks across the world would crash as phenomenally as the waves which battered the Icelandic coastline.

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BATMAN, THE PANAMA PAPERS AND THE EVILS OF CORRUPTION

By Faizal Nor Izham

Two weeks ago, Batman v Superman: Dawn of Justice opened to mixed reviews from film critics, but nonetheless went on to perform spectacularly at the box office. Just this week, the Panama Papers were also unleashed into the public sphere, from the world’s fourth-biggest offshore law firm Mossack Fonseca. The 11.5 million document leak featured startling revelations on a web of shady offshore accounting, involving twelve prominent world leaders including David Cameron. Implicating a total of 143 world politicians, their families and close associates, the leaks demonstrated the various ways in which elite rulers have been exploiting secretive offshore tax regimes.

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RENEWABLE ENERGY AND THE REAL PRICE OF OIL

by Gunnar Eigener

The realisation that renewable energy is going to be essential for the future is being embraced by more and more countries. With their geothermal and hydropower, Iceland’s electricity supply is 100% renewable energy. Thanks to it’s water projects, the African country of Lesotho has almost 100% renewable electricity. Albania runs on 85% renewable while Paraguay’s Itaipu dam provides 90% of its electricity and 19% of Brazils. By July 2015 Denmark had already produced 116% of its electricity needs and went on to sell its excess over the rest of the year. Infrastructure is being prepared to transform the way countries generate their power and investment is increasing. Renewable energy is becoming more and more accepted. San Jose in Costa Rica and Vancouver in Canada are just a few of the many cities committed to transitioning to 100% renewable energy over the coming decades.

Yet with so much promise for the future, how is it that oil continues to present such a complex issue?Continue Reading

EU GETS READY TO SEND SYRIZA THE ‘YOU’RE DUMPED’ TEXT

by David Peel

We are a few weeks away from the General Election in Britain, and austerity is moving front and centre. Not NHS privatisation, not school academies, not McJobs or homelessness, but their mother and father – the ideology of austerity. The phoney election war between the major parties, otherwise known as the ‘cosy consensus’, is about to be dealt a blow.

It has emerged, if reports in The Times are right, that the EU has asked Finland to draw up plans for a Grexit, where Syriza doesn’t walk out of the EU, it is pushed. EU leaders are fresh out of patience with Greece, and their mood was not improved when Syriza leader Alex Tsipras turned to their bitterest enemy, Vladimir Putin, for help.

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