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latest news

 Ireland
Tax haven for multinational corporations

22/05/2013: How Ireland is used as a tax haven by multinational corporations while the government is preparing to steal the property tax from people’s wages, social welfare and pensions

  Ireland Republic, Video

Germany
Strike at Amazon

22/05/2013: Union-agreed rates could bring Amazon workers 9000 euros more a year

  Germany

Taiwan
Sea shooting sees Filipino migrants become target of racist backlash

21/05/2013: Anti-racist campaign needed against corrupt ruling elites and capitalism

  Taiwan

Nigeria
President Jonathan declares state of emergency

21/05/2013: An expressway to attacks on democratic rights! For democratic mass working peoples’ defence committees!

  Nigeria

G8 Summit, Northern Ireland
’Why YOU should oppose the G8’

20/05/2013: This year’s G8 summit will be held in County Fermanagh, Northern Ireland, on 17th – 18th June. This gathering brings together the heads of government of eight of the world’s largest capitalist economies to discuss how they can further the interests of those they represent – the super-rich, big business and the bankers.

  Anti-globalisation, Ireland North

World economy
"Central banks are flying blind"

19/05/2013: Increasing concerns and contradictions

  World Economy

South Africa
Mass retrenchment threat in mining industry demands mass action

18/05/2013: Workers and Socialist Party calls for one-day-general strike

  South Africa

Iran
What would a Rafsanjani presidency mean?

18/05/2013: Iran’s June 14 presidential election takes place against the background of deep divisions in society and the regime.

  Iran

Australia
Labour approves WA’s first uranium mine

17/05/2013: Australia’s federal environment minister Tony Burke gave the go ahead to Toro’s $270 million uranium mining project in the Wiluna region of Western Australia.

  Australia, Environment

New Zealand
Racism and recession in New Zealand

15/05/2013: Working class unity needed to defend rights and living standards

  New Zealand

Australian budget
Say ‘NO’ to the cuts agenda of the major parties

14/05/2013: We shouldn’t let either of the major parties tell us that ‘tough decisions’ or ‘hard cuts’ are required.

  Australia

Ireland
‘Bus Eireann workers in front line of class war - We should all support them!’

13/05/2013: Bus workers take strike action over savage wage cuts and attacks on conditions

  Ireland Republic

Italy
The economic crisis becomes a political and institutional crisis

11/05/2013: The latest events that have happened in Italian politics mark a new phase of development in the crisis in the third European industrial power.

  Italy

Turkey / Kurdistan
PKK announces ceasefire

11/05/2013: On 8 May the PKK has begun to withdraw from Turkey. Millions are hoping now for an end to oppression and for democratic rights.

  Kurdistan, Turkey

Malaysia
Election ’victory’ based on fraud

10/05/2013: Ruling Barisan Nasional’s widespread fraud enrages opposition supporters and young people

  Malaysia

Greece
Challenging the Golden Dawn

10/05/2013: On 2 May the neo-fascist Golden Dawn attempted to distribute food in Syntagma square in Athens to people holding proof of Greek nationality.

  Greece

British county elections
Capitalist parties rejected

10/05/2013: Time for a new mass workers’ party

  Britain

Tunisia
The calm before the storm

09/05/2013: New clashes on the horizon

  Tunisia

Pakistan
General elections held amid political turmoil

08/05/2013: Big landlords, capitalists and influential families are calling the shots

  Pakistan

Sri Lanka
Successful May Day

08/05/2013: The United Socialist Party’s May Day demonstration passed successfully through a number of populous areas of Colombo, ending at Grand Pass Junction.

  May Day, Sri Lanka

Hong Kong
Dockworkers’ strike ends after 40 days

07/05/2013: Union representatives declare a “half success” with a pay rise of 9.8 percent – but important issues are unresolved

  Hong Kong

Britain’s ’precariat’
Fighting for real jobs

06/05/2013: ’Get a job!’ is the constant refrain of privileged Tory ministers and vicious right-wing tabloids. A million unemployed young people are the subject of a relentless campaign of smears and lies.

  Britain, Youth

Liverpool
Rally marks 30 year anniversary of election of socialist council

05/05/2013: Great event remembers the ’47’ struggle

  Britain, History

 Women and the struggle for socialism
It doesn’t have to be like this

05/05/2013: Christine Thomas’ book outlines how inequalities and discrimination against women have not disappeared and women’s struggles must be bound up with wider class struggle to be successful. Read the complete book online here.

  Women

Australian budget
Say ‘NO’ to the cuts agenda of the major parties

04/05/2013: Those who created the crisis should be forced to pay.

  Australia

 Nigerian May Day arrests
All DSM members released [updated]

03/05/2013: The last set of DSM members still in the detention of the state security service (SSS) in Kaduna, Northwest Nigeria, and Ibadan Oyo state, Southwest Nigeria, as of yesterday, has been released.

  May Day, Nigeria, Solidarity

 Pakistan
May Day 2013

03/05/2013: Progressive Workers Federation (PWF), TURCP and SMP organised and intervened in the May Day activities across the country

  May Day, Video

Bangladesh building collapse
Casualties of a rotten profit system

03/05/2013: It is said that where labour is cheap, life is cheap. This is never more so than in the recent horrific deaths of over 400 garment workers crushed in a collapsed building in Dhaka, the capital of Bangladesh.

  Bangladesh

Hong Kong
Dockers’ strike shines a spotlight on Li Ka-shing’s business empire

03/05/2013: Li Ka-shing owns 13 percent of the world’s port capacity and much more besides…

  Hong Kong

Taiwan
Over 20,000 march on May Day

02/05/2013: ‘Defend pensions! Stop corruption!’

  May Day, Taiwan

Pakistan
May Day demonstration in Sindh

02/05/2013: Photos of May Day demonstration in Sindh

  May Day, Pakistan

 Nigeria
Militarisation of May Day rallies

02/05/2013: DSM comrades arrested and detained

  May Day, Nigeria, Solidarity

Portugal
Constitutional court ruling sends government into disarray

01/05/2013: CC rules budget illegal for second time, government declares war against it

  Portugal

Italy

Deepening social and political crisis

www.socialistworld.net, 26/07/2012
website of the committee for a workers' international, CWI

Huge opportunities for building new workers’ party

Giuliano Brunetti, Controcorrente (CWI in Italy)

2012 has marked a turning point in the level of the economic, social and political crisis in Italy. After Greece, Italy is one of the hardest hit countries in the eurozone. The IMF estimates a contraction of 2.2% of GDP for 2012.

The unemployment rate has reached its highest level since 2001, and 1 out of 3 young people are officially unemployed. During the first three months of this year, 150,000 companies closed - the equivalent of 1,600 closing every day.

According to the National Institute for Statistics, 8.3 million residents (12% of the population) live under the poverty line, and 5% of Italians live in absolute poverty.

Meanwhile, the government has voted for the Fiscal Compact and a new ‘Spending Review’. The introduction of these two measures will mean an immediate drastic reduction of public health funds, and the sacking of 130,000 public sector workers. Already 35% of young people are out of work and dependent on their families for survival.

Now that balancing the budget is written into the Constitution, with the goal of reducing the public debt (123.8% of GDP) by 5% per year, this will mean that from now until 2023 the various governments will seek to impose cuts of around 45 billion euros a year.

These factual data are the best indication of the depth of the crisis, of its strong repercussions for ordinary people, and the abyss into which capitalism is dragging society.

Crisis of the political system

The economic crisis has translated itself into the crude language of a political crisis. In fact, we can say that the entire system has been shaken by earthquakes. The ruling class now faces strong turmoil within its ranks. Not a single institution has been spared from this crisis. The bosses’ union, the Catholic church and even the National Football Federation have been weakened by corruption scandals, bribes and division.

At the recent National Congress of the bosses’ union (Confindustria), they elected a president with a majority of only 11 votes. It was the first time in the history of this institution that a president has been elected with such a thin majoriity. These divisions are an expression of the tensions that exist in the ruling class, particularly within the ranks of the industrialists.

Under these circumstances, it would be correct to state that their only strength lies in the actual weakness of the workers’ organisations and particularly their political leadership.

The technical government, lead by the banker, Mario Monti, and composed of some of the ‘finest strategists’ of the Italian capitalist class, is isolated in society and supported by less then one Italian out of three. A mere 4% have confidence in political parties!

All the major political parties from the Northen League to the right-wing PDL (Berlusconi’s party) and the Democratic Party (PD) are facing a strong reduction in their support; one half of the population did not take part in the recent local elections.

The Northen Leaugue, which for many years has stressed its popular character in opposition to the corrupt élites of the Roman salons, is shaken by corruption scandals. These involve the purchase of a degree for ex-leader Bossi’s son and using electoral expenses to buy diamonds and properties in Tanzania.

Faced with anger from its rank and file, the League’s leadership has chosen to cast aside its historic leader and to elect as National Secretary Roberto Maroni, who was minister of the interior in the Berlusconi government.

The PDL, which until a few months ago boasted of being the first party in Italy and claimed to have one million members, suffered a very severe defeat in the local elections, losing hundreds of mayors and coming third or even fourth in some cities, often with less than 10% of the vote.

The possible return of Berlusconi onto the political scene is the last desperate and grotesque attempt of a captain to save his sinking ship.

The Democratic Party has itself lost tens of thousands of votes, some in what for decades were considered PD strongholds, although its support has held up better than that of the PDL.

Beppe Grillo and the 5 Star Movement

The main new factor in the political situation is represented by the astonishing and unprecedented success of the 5 Star Movement, led by the billionaire comedian Beppe Grillo. The 5 Star Movement is not a political party, nor an alliance, nor a social movement as we would consider it. It was built in and around the internet, around a website and very general political points related to the rejection of both right-wing and left-wing policies. Beppe Grillo’s movement has no real membership, no structures, no branches and no elected leadership.

Grillo has built his authority by proclaiming his movement’s difference with the corrupt political elite, with the ’old ways’ of doing politics of the traditional politicians.

He has built his forces on the ruins of the traditional left, including the political and organisational collapse of the Party for Communist Refoundation (PRC). By using a radical rhetoric he has been able to attract a new layer in society to his movement - young people generally coming from a left background, but also people from the right, including from the Northern League.

His movement is credited with 20% in the polls. This result would make the 5 Star Movement the second political party in Italy. They have already had hundreds of councillors elected and have the mayor in several cities, including a relatively big city like Parma.

Beppe Grillo’s success must be read as an expression of the rejection of traditional parties and of the huge opportunities that exist for an opposition and alternative force in society. It is based on a sentiment of distrust and disgust towards traditional policies rather than a proper enthusiasm for his movement. Grillo’s success is extremely volatile ; it would be more correct to talk about support against the others rather than support for him.

The 5 Star Movement could win more support in the next period, but the inability to respond with a clear programme to the needs of ordinary people, linked to the absence of a real social base in society, could mean that the astonishing growth soon turns into decline. At that time, thousands of activists of the movement will come out disappointed, discouraged and looking for a political solution. The Left and the labor movement will have to propose a solution to many young people and workers who have been temporarily seduced by the ’anti-system’ rhetoric of Grillo.

ALBA, the No Debt Committee and the struggle for a new workers’ party

As demonstrated by the rise of ’Grillismo’, we live in an extraordinary situation, a time of very clear acceleration of social and historical processes, a time characterised by the rapid composition and decomposition of the entire political framework.

Seldom before has the need for a new political entity been so strongly felt; a weapon in the hands of those who want to fight and resist the frontal attacks from the ruling class on working class people’s rights and living conditions.

Today a discussion has opened up on this issue ; it can no longer be avoided or postponed. The attempt of the leadership of the metal-workers’ union, FIOM, to send an ’ultimatum’ to the political parties demonstrates the willingness of certain industrial activists to find a channel of expression, a megaphone to be used to organise struggle and with which to rally those who want to organise themselves against the system.

On 1 October last year one thousand activists, union leaders, and workers in struggle responded positively to the appeal made by former president of FIOM, Giorgio Cremaschi, and some sections of the unions of the base (USB) for the idea of constructing an organisation for struggle and discussion around a political programme against the crisis.

The political ’manifesto’ that was approved at the founding assembly of the ‘No Debt Committee’ revolved around the need to reject the noose of public debt and to argue for the nationalisation of the banking and financial sector under democratic and popular control as a means of making those responsible pay for the crisis of capitalism.

In recent months, the feeling of discouragement and resignation, the general frustration about the political situation, the calling of a general strike - first postponed then abandoned - by the CGIL union federation, related to the inability to translate into concrete policy proposals the correct demand of non-payment of the debt, and finally the opportunism with which components such as Sinistra Critica (USFI) and Falcemartello (IMT) have ’worked’ in the Committee, have brought the process of building, strengthening and consolidating the No Debt Committee and its territorial components to a halt.

It is not excluded that, with the intensification of the euro and debt crisis, the Committee can manage to overcome its crisis, although this does not seem to be the most likely perspective.

In parallel to these developments, a new discussion has opened up around a proposal launched by the political left-wing newspaper ’Il Manifesto’. It is known as ALBA – an alliance of Labour with campaigns to protect public property and the environment. ALBA held a first national meeting in Florence which was attended by activists from social movements, union leaders and ordinary citizens. The political programme of ALBA has yet to be defined but appears, for the moment, very confused. Nevertheless, we cannot rule out that this initiative could attract support from those disillusioned with traditional politics and searching for a new ’political home’.

The success of the 5 Star Movement shows the potential that exists and also that a political gap cannot last for a long period of time. There can be enormous possibilities and opportunities but in the absence of a genuine left alternative, other forces including on the right can occupy the space left vacant by the collapse of the left.

In the period ahead, Controcorrente will continue to work in the unions, campaigning for a fighting leadership and promoting the demand for a 24 hour general strike as a first step against the Monti government and its attacks. At the same time we will continue to co-operate with the No Debt Committee and to follow the development of ALBA, while remaining open to any new initiative that might arise, for example around the FIOM.



Europe

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Ireland: Tax haven for multinational corporations, 22/05/2013

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NEWS

Ireland: Tax haven for multinational corporations
22/05/2013, Paul Murphy, MEP, Socialist Party (CWI Ireland):
How Ireland is used as a tax haven by multinational corporations while the government is preparing to steal the property tax from people’s wages, social welfare and pensions

Germany: Strike at Amazon
22/05/2013, An Amazon activist reporting to SAV (CWI Germany):
Union-agreed rates could bring Amazon workers 9000 euros more a year

Taiwan: Sea shooting sees Filipino migrants become target of racist backlash
21/05/2013, Chris Dite and CWI Taiwan reporters, article from Chinaworker.info:
Anti-racist campaign needed against corrupt ruling elites and capitalism

G8 Summit, Northern Ireland:’Why YOU should oppose the G8’
20/05/2013, Socialist Party, Northern Ireland (CWI Ireland):
This year’s G8 summit will be held in County Fermanagh, Northern Ireland, on 17th – 18th June. This gathering brings together the heads of government of eight of the world’s largest capitalist economies to discuss how they can further the interests of those they represent – the super-rich, big business and the bankers.

South Africa: Mass retrenchment threat in mining industry demands mass action
18/05/2013, DSM (CWI South Africa) reporters:
Workers and Socialist Party calls for one-day-general strike

Iran: What would a Rafsanjani presidency mean?
18/05/2013, Kave Heydari, Iranian CWI supporter in Britain:
Iran’s June 14 presidential election takes place against the background of deep divisions in society and the regime.

Australia: Labour approves WA’s first uranium mine
17/05/2013, Socialist Party (CWI Australia) reporters Perth:
Australia’s federal environment minister Tony Burke gave the go ahead to Toro’s $270 million uranium mining project in the Wiluna region of Western Australia.

New Zealand: Racism and recession in New Zealand
15/05/2013, Jared Phillips, CWI New Zealand:
Working class unity needed to defend rights and living standards

Australian budget: Say ‘NO’ to the cuts agenda of the major parties
14/05/2013, Editorial comment from ‘The Socialist’, paper of the Socialist Party (CWI Australia):
We shouldn’t let either of the major parties tell us that ‘tough decisions’ or ‘hard cuts’ are required.

Ireland: ‘Bus Eireann workers in front line of class war - We should all support them!’
13/05/2013, Socialist Party (CWI Ireland) Reporters:
Bus workers take strike action over savage wage cuts and attacks on conditions

May Day in Nigeria: Jonathan government intensifies attacks on democratic rights
12/05/2013, Ebike Iseru, DSM (CWI Nigeria):
15 DSM members arrested at May Day rallies

Italy: The economic crisis becomes a political and institutional crisis
11/05/2013, Marco Veruggio, ControCorrente (CWI Italy):
The latest events that have happened in Italian politics mark a new phase of development in the crisis in the third European industrial power.

Malaysia: Election ’victory’ based on fraud
10/05/2013, Ravichandren, CWI Malaysia:
Ruling Barisan Nasional’s widespread fraud enrages opposition supporters and young people

Greece: Challenging the Golden Dawn
10/05/2013, Katerina Kleitsa , Xekinima (CWI Greece):
On 2 May the neo-fascist Golden Dawn attempted to distribute food in Syntagma square in Athens to people holding proof of Greek nationality.

British county elections: Capitalist parties rejected
10/05/2013, Editorial of the Socialist, paper of the Socialist Party (CWI England & Wales):
Time for a new mass workers’ party

Tunisia: The calm before the storm
09/05/2013, CWI reporter in Tunis:
New clashes on the horizon

Pakistan: General elections held amid political turmoil
08/05/2013, Khalid Bhatti, SMP (CWI Pakistan), Lahore:
Big landlords, capitalists and influential families are calling the shots

Sri Lanka: Successful May Day
08/05/2013, USP(CWI, Sri Lanka):
The United Socialist Party’s May Day demonstration passed successfully through a number of populous areas of Colombo, ending at Grand Pass Junction.

Hong Kong: Dockworkers’ strike ends after 40 days
07/05/2013, Vincent Kolo, chinaworker.info:
Union representatives declare a “half success” with a pay rise of 9.8 percent – but important issues are unresolved

Britain’s ’precariat’: Fighting for real jobs
06/05/2013, Claire Laker-Mansfield, Socialist Party (CWI England & Wales), first published in The Socialist:
’Get a job!’ is the constant refrain of privileged Tory ministers and vicious right-wing tabloids. A million unemployed young people are the subject of a relentless campaign of smears and lies.

Liverpool: Rally marks 30 year anniversary of election of socialist council
05/05/2013, Dave Walsh, Unite Convener for Liverpool City Council, from The Socialist, paper of the Socialist Party (CWI England & Wales):
Great event remembers the ’47’ struggle

Australian budget: Say ‘NO’ to the cuts agenda of the major parties
04/05/2013, Editorial comment from the May 2013 edition of ‘The Socialist’, paper of the Socialist Party (CWI Australia):
Those who created the crisis should be forced to pay.

Nigerian May Day arrests: All DSM members released [updated]
03/05/2013, Press statement by Segun Sango, general secretary DSM (CWI Nigeria):
The last set of DSM members still in the detention of the state security service (SSS) in Kaduna, Northwest Nigeria, and Ibadan Oyo state, Southwest Nigeria, as of yesterday, has been released.

Pakistan: May Day 2013
03/05/2013, Syed Fazal Abass Shah, secretary general PWF, Pakistan:
Progressive Workers Federation (PWF), TURCP and SMP organised and intervened in the May Day activities across the country

Bangladesh building collapse: Casualties of a rotten profit system
03/05/2013, The Socialist, paper of the Socialist Party (CWI England & Wales):
It is said that where labour is cheap, life is cheap. This is never more so than in the recent horrific deaths of over 400 garment workers crushed in a collapsed building in Dhaka, the capital of Bangladesh.

Hong Kong: Dockers’ strike shines a spotlight on Li Ka-shing’s business empire
03/05/2013, Dikang, Socialist Action (CWI supporters in Hong Kong):
Li Ka-shing owns 13 percent of the world’s port capacity and much more besides…

CWI Comment and Analysis

ANALYSIS

Nigeria: President Jonathan declares state of emergency
21/05/2013, Segun Sango, Protem National Chairperson, Socialist Party of Nigeria:
An expressway to attacks on democratic rights! For democratic mass working peoples’ defence committees!

World economy: "Central banks are flying blind"
19/05/2013, Per-Åke Westerlund, from Offensiv, newspaper of Rättvisepartiet Socialisterna (CWI Sweden):
Increasing concerns and contradictions

Turkey / Kurdistan: PKK announces ceasefire
11/05/2013, Festus Okay, Sosyalist Alternatif (CWI Turkey):
On 8 May the PKK has begun to withdraw from Turkey. Millions are hoping now for an end to oppression and for democratic rights.

Women and the struggle for socialism: It doesn’t have to be like this
05/05/2013, Christine Thomas, Controcorrente (CWI Italy):
Christine Thomas’ book outlines how inequalities and discrimination against women have not disappeared and women’s struggles must be bound up with wider class struggle to be successful. Read the complete book online here.

Cyprus: On the edge of a catastrophic slump
25/04/2013, Niall Mulholland, CWI:
Socialist polices needed to resolve crisis in the interests of majority

US: After the Boston Tragedy
23/04/2013, Bryan Koulouris, Boston, Socialist Alternative (CWI supporters in the US):
NO to Racism and Repression

Britain: Combating violence against women
14/04/2013, Hannah Sell, on behalf of the Socialist Party (CWI England & Wales) Executive Committee:
A socialist perspective on fighting women’s oppression

Thatcher: A class warrior for capitalism
12/04/2013, Alistair Tice, Socialist Party regional secretary, Yorkshire:
Millions have been waiting for this day, 8 April 2013. Margaret Thatcher will never be forgiven for the devastation that her Tory governments’ policies wrought on working class communities in the 1980s - and is still being felt today.

Britain: Margaret Thatcher dies
08/04/2013, Peter Taaffe, Socialist Party (CWI England & Wales) general secretary:
Thatcher’s bitter legacy

Britain: A further round of savage austerity
08/04/2013, Peter Taaffe, Socialist Party (CWI England & Wales) general secretary:
We must stop them!

Israel: “There is a future” – of cuts, racism and resistance
05/04/2013, Socialist Struggle Movement (CWI Israel/Palestine):
Weak Israeli government will try to implement austerity budget, and would try to maintain the occupation, possibly under a new cover of "negotiations" with Palestinians. Resistance likely on all fronts.

Cyprus: “Working people pay high price for crisis of euro and capitalism”
31/03/2013, Niall Mulholland spoke with Athina Kariati from New Internationalist Left (CWI in Cyprus) about Cyprus’s deal with the Troika, what it will mean for working people and what is the socialist solution to the crisis:
Interview with a Cypriot socialist

China: New leadership rejects democratisation
28/03/2013, Vincent Kolo, chinaworker.info:
At annual NPC-CPPCC meetings Xi Jinping and Li Keqiang talk of ‘tough reforms’ for economy, but rule out ‘Western models’

Venezuela: After the death of Hugo Chávez
24/03/2013, Tony Saunois, CWI, a shorter version of this article was first published in Socialism Today, magazine of the Socialist Party (CWI England & Wales:
Radical, populist policies and anti-imperialism helped transform the political situation

Italy’s clowns: No joke for establishment parties
23/03/2013, Christine Thomas, ControCorrente (CWI in Italy), first published in Socialism Today, magazine of the Socialist Party (CWI England & Wales):
In his ‘tsunami’ election tour Grillo began to give voice to the deep discontent at economic crisis and austerity

Cyprus/EU: Eurozone back in turmoil
22/03/2013, Tony Saunois, CWI:
No trust in capitalist government! No austerity for the Euro! Kick out the Troika! For a socialist alternative!
[Updated article, 25 March]

South Africa: Workers & Socialist Party launched in Pretoria
21/03/2013, CWI reporters, South Africa:
Launch surpassed all expectations

Iraq: Ten years since ‘shock and awe’
20/03/2013, Niall Mulholland, from The Socialist, weekly newspaper of the Socialist Party (CWI England and Wales):
Imperialism’s harvest of death and destruction

March 8th: The day of international working women’s solidarity
07/03/2013, Clare Doyle, CWI:
Beware the anger of women against the bosses’ system!

Hugo Chavez dies: The struggle continues
06/03/2013, Tony Saunois, CWI Secretary:
Millions of Venezuelan workers, the poor and youth will mourn the death of Venezuelan president, Hugo Chavez

Lebanon: Public sector workers on indefinite strike over wages
04/03/2013, Tamer Mahdi, CWI:
Workers’ unity against big business shows potential for anti-sectarian, socialist alternative

Portugal: New explosion against austerity and the government
03/03/2013, socialistworld.net:
“Screw the Troika – the people are the best rulers”

Tunisia: ‘Buckshot’ Ali Larayedh appointed prime minister
27/02/2013, CWI supporters in Tunisia:
Down with the Ennahdha regime! Down with the system!

Italy: Voters reject austerity in ‘tsunami’ election
27/02/2013, Chris Thomas, Controcorrente (CWI in Italy):
Political instability, crisis and new opportunities ahead