Greenpeace recently held a competition to design a more appropriate logo for BP, a company responsible for massive environmental destruction. I like the winning entry – here’s the explanation from the designer, Laurent Hunziker: The silhouette shape comes from a very moving picture I saw of this poor bird in panic, glued in oil… His agony is a strong reflection of what is happening to our world with these tragic events. Placed in front of the BP logo, and it all looks like a fatal sunset for us… If you… Read More
Posts tagged oil
Venezuela is (debt) free
Venezuela has now paid off the last cent of its debt to the IMF and World Bank, according to this article in Monthly Review Zine. Of course, Chavez got lucky with oil prices going through the roof in the last few years. But it’s certain that previous regimes would not have used the windfall to pay off the nation’s debt – the profits would have distributed among the ruling elite. That’s what is often missed in Venezuela analysis. Chavez’s predecessors used Venezuela’s oil wealth entirely for their own benefit. That’s… Read More