Leftnews.org | News and Views from the Left

by Editors — last modified 2019-04-04T12:09:49-04:00
Contributors: Faiz Ahmed, JBB, Graham H. Cox, R. Dubois, JA Cox
The best of the political left-wing from around the web.

Canada Likely to Proceed With Trans Mountain Expansion | Bloomberg

by Faiz Ahmed — last modified May 07, 2019 08:48 AM
"The government bought the pipeline last year in a bid to save its expansion, only to see a court strike down the permit. That ruling set out a framework for an approval that would pass legal muster: added regulatory review, which has since been completed, and more consultation with indigenous communities. The government extended the deadline to June 18 to allow those talks to continue."

How the Ford government will decide on university, college funding | CBC

by Faiz Ahmed — last modified May 06, 2019 07:43 AM
"New details are found in a Ministry of Training, Colleges and Universities briefing document marked "confidential," obtained by CBC News. It lays out each of the 10 measures, sometimes referred to as metrics, and the schedule for implementing them. Six of the metrics are related to skills and job outcomes. The other four metrics are related to what the government calls "economic and community impact.""

Venezuela Bondholders Get Warning Inside Manhattan Law Office | Bloomberg

by Faiz Ahmed — last modified May 03, 2019 08:28 AM
"Venezuela will probably need $60 billion to $70 billion from the International Monetary Fund as well as foreign grants. A morning-after plan for Venezuela if President Nicolas Maduro’s regime is eventually ousted ... When a debt restructuring eventually happens Venezuela’s long list of creditors, including bondholders, Russian state oil giant Rosneft, the Chinese and ConocoPhillips could get treated differently. China may accept a haircut in net present value"

Explainer: U.S. sanctions and Venezuela's exports and imports | Reuters

by Faiz Ahmed — last modified May 03, 2019 08:18 AM
"Chevron, Valero and Citgo have turned to producers of heavy crude in Colombia, Iraq, Saudi Arabia and Canada, as well as sour grades produced in the U.S. Gulf Coast by BP PLC and Royal Dutch Shell PLC, traders and brokers said. Valero has said it has used domestic blends, Canadian crude and a mix of other grades, including crude from Brazil. The U.S. refiners have also secured more crude from West Africa as a replacement, traders said."

Venezuela crisis: Spain vows to protect opposition figure at embassy | BBC

by Faiz Ahmed — last modified May 03, 2019 08:12 AM
"Mr López had been under house arrest but said he was released on Tuesday by security agents backing the opposition. A Venezuelan court has issued an arrest warrant for Mr López for violating house arrest. It says Mr López should serve the rest of his 13-year sentence in prison. He was arrested in 2014 and accused of fuelling violent protests that left dozens of people dead that year."
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